The geometry of Newton strata in the reduction modulo $p$ of Shimura varieties of PEL type

Abstract: In this paper we study the Newton stratification on the reduction of Shimura varieties of PEL type with hyperspecial level structure and the Newton stratification on the deformation space of a Barsotti-Tate group with PEL structure. Our main result is a formula for the dimension of Newton strata and the description their closure in each of the two cases. Furthermore, we calculate the dimension of some Rapoport-Zink spaces as an intermediate result.