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We derive the explicit formula for the joint Laplace transform of the Wishart process and its time integral which extends the original approach of Bru (1991). We compare our methodology with the alter...
Abstract: We derive the explicit formula for the joint Laplace transform of the Wishart process and its time integral which extends the original approach of Bru. We compare our methodology with the al...
It is shown that the density of the ratio of two Gaussian random variables with the same variance satisfies a non stationary diffusion equation. Implications of this result for kernel density estimati...
We introduce a fractional calculus on time scales using the theory of delta (or nabla)dynamic equations. The basic notions of fractional order integral and fractional order derivative on an arbitrary ...
We present a new criterion for the boundedness in weighted Lp spaces of multiplier operators for Laguerre and Hermite expansions that arise from a Laplace-Stieltjes transform. As a special case, we re...
We analyze a simple asset transfer model in which the transfer amount is a fixed fraction $f$ of the giver's wealth. The model is analyzed in a new way by Laplace transforming the master equation, sol...
Integral expressions for positive-part moments EXp + (p > 0) of random variables X are presented, in terms of the Fourier-Laplace or Fourier transforms of the distribution of X. A necessary and suff...
In this work we study drawdowns and drawups of general diffu-sion processes. The drawdown process is defined as the current drop of the process from its running maximum, while the drawup process is de...
This paper explores the technique for the computer aided numerical inversion of Laplace transform. The inversion technique is based on the properties of a family of three parameter exponential probabi...

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