Some independence results related to the arc-sine law (Q678088)

This paper is devoted to the proof of recent results of Getoor and Sharpe on the distribution of local times on rays for planar Lévy processes \((X,Y)\). The main interest is on the local time \(l\) of \(Y\) and the process \(L_t=\int^t_0 1_{\{X_s>0\}}dl_s\). It is proved that for every time \(t>0\), \(l_t\) and \(L_t/l_t\) are independent and the latter is distributed according to a generalized arc-sine law. An asymptotic result concerning the law of \(L_t\) is proved as well.