Two elementary and classical results about the Bessel quotient yν = I ν+1 Iνstate that on the half-line (0, ∞) one has for ν ≥ −1/2: (i) 0 < yν < 1; (ii) yν is strictly increasing. In this paper we show that (i) and (ii) have some nontrivial and interesting applications to pde's. As a consequence of them, we establish some sharp new results for a class of degenerate partial differential equations of parabolic type in R n+1 + × (0, ∞) which arise in connection with the analysis of the fractional heat operator (∂t − ∆) s in R n × (0, ∞), see Theorems 1.2, 1.4, 1.5 and 1.7 below.