Asymptotically homogeneous iterated random functions with applications to the HARCH process
Tóm tắt
We show that a certain class of Markov chains satisfies the general Foster–Lyapunov condition under nonrestrictive assumptions. In particular, if a chain belongs to this class, the existence of an invariant measure can be established by means of the theorem provided. As an application of the theorem, the HARCH process is considered.
Tài liệu tham khảo
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