We consider a multivariate non-linear Hawkes process in a multi-class setup where particles are organised within two populations of possibly different sizes, such that one of the populations acts excitatory on the system while the other population acts inhibitory on the system. The goal of this note is to present a class of Hawkes Processes with stable dynamics without assumptions on the spectral radius of the associated weight function matrix. This illustrates how inhibition in a Hawkes system significantly affects the stability properties of the system.
Mads Bonde Raad. Eva Löcherbach. "Stability for Hawkes processes with inhibition." Electron. Commun. Probab. 25 1 - 9, 2020. https://doi.org/10.1214/20-ECP312