Representation of shift-invariant operators onL 2 byH ∞ transfer functions: An elementary proof,a generalization toL p,and a counterexample forL ∞

We give an elementary proof of the well-known fact that shift-invariant operators onL ²0, ∞) are represented by transfer functions which are bounded and analytic on the right open half-plane. We prove a generalization to Banach space-valuedL ^p -functions, where 1≤p<∞. We show that the result no longer holds forp=∞. This research was supported partially by the Weizmann Fellowship, and partially by the Air Force Office of Scientific Research under Contract F49620-86-C-0111.