Stochastic Difference Equations and Generalized Gamma Distributions
Klebaner, Fima C.
Ann. Probab., Tome 17 (1989) no. 4, p. 178-188 / Harvested from Project Euclid
We study the asymptotic growth rates of discrete-time stochastic processes $(X_n)$, where the first two conditional moments of the process depend only on the present state. Such processes satisfy a stochastic difference equation $X_{n + 1} = X_n + g(X_n) + R_{n + 1}$, where $g$ is a positive function and $(R_n)$ is a martingale difference sequence. It is known that a large class of such processes diverges with positive probability, and when properly normalized converges almost surely or converges in distribution to a normal or a lognormal distribution. Here we find a class of processes that when properly normalized converges in distribution to a generalized gamma distribution. Applications of this result to state dependent random walks and population size-dependent branching processes yield new results and reprove some of the known results.
Publié le : 1989-01-14
Classification:  Stochastic growth,  asymptotic behavior,  size dependence,  branching processes,  generalized random walks,  60J80,  60J10,  60J15
@article{1176991502,
     author = {Klebaner, Fima C.},
     title = {Stochastic Difference Equations and Generalized Gamma Distributions},
     journal = {Ann. Probab.},
     volume = {17},
     number = {4},
     year = {1989},
     pages = { 178-188},
     language = {en},
     url = {http://dml.mathdoc.fr/item/1176991502}
}
Klebaner, Fima C. Stochastic Difference Equations and Generalized Gamma Distributions. Ann. Probab., Tome 17 (1989) no. 4, pp.  178-188. http://gdmltest.u-ga.fr/item/1176991502/