On an identity in law obtained by A. Földes and P. Révész (Q2368149)

Let \(\{B_ t,\;t\geq 0\}\) be a Brownian motion and denote its local time at 0 by \(\{l_ t, t\geq 0\}\). Further let \(\{X_ t=| B_ t|-\mu l_ t,\;t\geq 0\}\). One of the main results of the paper claims that \[ \int^ 1_ 0dsI_{\{X_ s\leq 0\}}{\buildrel{\mathcal D}\over =}Z(1/2,\mu/2), \] where \(Z(a,b)\) is a Beta-variable with parameters \(a\) and \(b\).