English

Weak convergence of the number of zero increments in the random walk with barrier

Probability 2014-07-07 v1

Abstract

We continue the line of research of random walks with barrier initiated by Iksanov and M{\"o}hle (2008). Assuming that the tail of the step of the underlying random walk has a power-like behavior at infinity with exponent α-\alpha, α(0,1)\alpha\in(0,1), we prove that the number VnV_n of zero increments in the random walk with barrier, properly centered and normalized, converges weakly to the standard normal law. This refines previously known weak law of large numbers for VnV_n proved in Iksanov and Negadailov (2008).

Keywords

Cite

@article{arxiv.1407.1186,
  title  = {Weak convergence of the number of zero increments in the random walk with barrier},
  author = {Alexander Marynych and Glib Verovkin},
  journal= {arXiv preprint arXiv:1407.1186},
  year   = {2014}
}

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12 pages