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Stochastic integral representation of the $L^2$ modulus of Brownian local time and a central limit theorem

Stochastic integral representation of the $L^2$ modulus of Brownian local time and a central limit theorem

The purpose of this note is to prove a central limit theorem for the $L^2$-modulus of continuity of the Brownian local time obtained in [3], using techniques of stochastic analysis. The main ingredients of the proof are an asymptotic version of Knight's theorem and the Clark-Ocone formula for the $L^2$-modulus …