Central limit theorem for the modulus of continuity of the Brownian local time in $L^3(\mathbb{R})$

Yaozhong Hu, David Nualart

Published 2009-12-12Version 1

The purpose of this note is to prove a central limit theorem for the $L^3$-modulus of continuity of the Brownian local time 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 $L^3$-modulus of the Brownian local time.