When considering a chain of states from 0 to N in continuous time with constant up and down going transition rates, the jumping or waiting times are exponentially distributed. Now consider the following time dependent up rate and constant down rate,
$f_+(t) = \alpha (1-e^{- \beta t})$
$f_-(t) = \alpha.$
What is the best course of action to compute the jumping time distribution for such a case? Also, the memoryless property should not hold, due to the time dependence. It would not be correct to call it a Markov or Poisson process, wouldn't it?