Markov chain approximations to singular stable-like processes

We consider the Markov chain approximations for a class of singular stable-like processes. First, we obtain properties of some Markov chains. Then we construct the approximating Markov chains and give a sufficient condition for the weak convergence of these chains to the singular stable-like processes.

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Year of publication:	2013
Authors:	Xu, Fangjun
Published in:	Statistics & Probability Letters. - Elsevier, ISSN 0167-7152. - Vol. 83.2013, 3, p. 790-796
Publisher:	Elsevier
Subject:	Markov chain approximation \| Weighted Poincaré inequality \| Lower bound \| Exit time

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010616867