Stability in distribution of forward stochastic flows (Q5955627): Difference between revisions

Under suitable conditions on the local characteristic of the semimartingale \(F\) the forward flow \(\varphi_{s,t}\) governed by \(\varphi_{s,t}(x) = x + \int^t_s F(\varphi_{s,u},du)\) is stable in distribution, and its limiting distribution is independent of the initial position, the initial moment, and the local characteristic of \(F\). Instead of considering the joint law of \(\varphi_{s,t}\) and \(F\) the authors look at the distribution of the flow itself. They first study the special case in which the local characteristic belongs to the class \(B^{0,1}_{u,b}\) and is absolutely continuous with respect to the Lebesgue measure and then apply a time change.