Strong renewal theorems with infinite mean beyond local large deviations
Abstract
Let be a distribution function on the line in the domain of attraction of a stable law with exponent . We establish the strong renewal theorem for a random walk with step distribution , by extending the large deviations approach in Doney [Probab. Theory Related Fileds 107 (1997) 451-465]. This is done by introducing conditions on that in general rule out local large deviations bounds of the type , hence are significantly weaker than the boundedness condition in Doney (1997). We also give applications of the results on ladder height processes and infinitely divisible distributions.
Cite
@article{arxiv.1505.07622,
title = {Strong renewal theorems with infinite mean beyond local large deviations},
author = {Zhiyi Chi},
journal= {arXiv preprint arXiv:1505.07622},
year = {2015}
}
Comments
Published at http://dx.doi.org/10.1214/14-AAP1029 in the Annals of Applied Probability (http://www.imstat.org/aap/) by the Institute of Mathematical Statistics (http://www.imstat.org)