Abstract: StochasticVolterra equations (SVEs for short) are useful to model dynamics with hereditary properties, memory effects and roughness of the path, which cannot be described by standard SDEs. However, the analysis of SVEs is much more difficult than the SDEs case since the solutions are no longer Markovian or semimartingales in general. In this talk, we introduce an infinite dimensional framework which captures Markov and semimartingale structures behind SVEs. We show that an SVE can be “lifted” to an infinite dimensional stochastic evolution equation (SEE for short) and that the solution of the SEE becomes a Markov process on a Hilbert space. Furthermore, we establish asymptotic properties and well-posedness results for lifted SEEs, and then apply them to the original SVEs.

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