English

On tails of perpetuities

Probability 2011-01-12 v1

Abstract

We establish an upper bound on the tails of a random variable that arises as a solution of a stochastic difference equation. In the non--negative case our bound is similar to a lower bound obtained by Goldie and Gr\"ubel in 1996.

Keywords

Cite

@article{arxiv.1101.2183,
  title  = {On tails of perpetuities},
  author = {Pawel Hitczenko},
  journal= {arXiv preprint arXiv:1101.2183},
  year   = {2011}
}