Is stochastic integral subgaussian

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Consider the solution $X$ of the stochastic differential equation

$$ \mathrm{d}X_t = \sigma(X_t) \mathrm{d}W_t, $$

where $W$ is a Wiener process and assume the standard growth conditions ($X$ is a Martingale).

Is $X$ subgaussian, e.g., does

$$ \mathbb{E} \exp{sX} \leq \exp \big( \frac {d^2 s^2}{2} \big),\qquad \forall s \in \mathbb{R} $$

hold for some $d>0$?