Weak Convergence of Sums of Moving Averages in the $\alpha$-Stable Domain of Attraction
Avram, Florin ; Taqqu, Murad S.
Ann. Probab., Tome 20 (1992) no. 4, p. 483-503 / Harvested from Project Euclid
Skorohod has shown that the convergence of sums of i.i.d. random variables to an $\alpha$-stable Levy motion, with $0 < \alpha < 2$, holds in the weak-$J_1$ sense. $J_1$ is the commonly used Skorohod topology. We show that for sums of moving averages with at least two nonzero coefficients, weak-$J_1$ convergence cannot hold because adjacent jumps of the process can coalesce in the limit; however, if the moving average coefficients are positive, then the adjacent jumps are essentially monotone and one can have weak-$M_1$ convergence. $M_1$ is weaker than $J_1$, but it is strong enough for the $\sup$ and $\inf$ functionals to be continuous.
Publié le : 1992-01-14
Classification:  Stable distribution,  Levy stable motion,  weak convergence,  $J_1$ topology,  $M_1$ topology,  moving averages,  60F17,  60J30
@article{1176989938,
     author = {Avram, Florin and Taqqu, Murad S.},
     title = {Weak Convergence of Sums of Moving Averages in the $\alpha$-Stable Domain of Attraction},
     journal = {Ann. Probab.},
     volume = {20},
     number = {4},
     year = {1992},
     pages = { 483-503},
     language = {en},
     url = {http://dml.mathdoc.fr/item/1176989938}
}
Avram, Florin; Taqqu, Murad S. Weak Convergence of Sums of Moving Averages in the $\alpha$-Stable Domain of Attraction. Ann. Probab., Tome 20 (1992) no. 4, pp.  483-503. http://gdmltest.u-ga.fr/item/1176989938/