Entrance boundary for standard processes with no negative jumps and its application to exponential convergence to the Yaglom limit

Abstract: We study standard processes with no negative jumps under the entrance boundary condition. Similarly to one-dimensional diffusions, we show that the process can be made into a Feller process by attaching the boundary point to the state space. We investigate the spectrum of the infinitesimal generator in detail via the scale function, characterizing it as the zeros of an entire function. As an application, we prove that under the strong Feller property, the convergence to the Yaglom limit of the process killed at the boundary is exponentially fast.