On Singular Integral and Martingale Transforms

Linear equivalences of norms of vector-valued singular integral operators and vector-valued martingale transforms are studied. In particular, it is shown that the UMD-constant of a Banach space X equals the norm of the real (or the imaginary) part of the BeurlingAhlfors singular integral operator, acting on LpX(R ) with p ∈ (1,∞). Moreover, replacing equality by a linear equivalence, this is found to be the typical property of even multipliers. A corresponding result for odd multipliers and the Hilbert transform is given. As a corollary we obtain that the norm of the real part of the Beurling-Ahlfors operator equals p∗ − 1 with p∗ := max{p, (p/(p − 1))}, where the novelty is the lower bound.