this gap by explaining in a simple way one of these fundamental tools: namely, the Functional Central Limit Theorem. To … this end, this paper analyzes the foundations and applicability of two versions of the Functional Central Limit Theorem …

high frequency. We derive a functional central limit theorem for the joint dynamics of the bid and ask queues and show that …

trends. We consider both the cases of observable and nonobservable common trends, deriving a Functional Central Limit Theorem …

We discuss the moment condition for the fractional functional central limit theorem (FCLT) for partial sums of x …