Equivariant Holomorphic Morse Inequalities I: A Heat Kernel Proof
  Assume that the circle group acts holomorphically on a compact K\"ahler manifold with isolated fixed points and that the action can be lifted holomorphically to a holomorphic Hermitian vector bundle. We give a heat kernel proof of the equivariant holomorphic Morse inequalities. We use some techniques developed by Bismut and Lebeau. These inequalities, first obtained by Witten using a different argument, produce bounds on the multiplicities of weights occurring in the twisted Dolbeault cohomologies in terms of the data of the fixed points. 
Varghese Mathai and Siye Wu