One-dimensional linear recursions with Markov-dependent coefficients

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One-dimensional linear recursions with Markov-dependent coefficients

For a class of stationary Markov-dependent sequences (ξn, ρn) ∈ R 2, we consider the random linear recursion Sn = ξn + ρnSn−1, n ∈ Z, and show that the distribution tail of its stationary solution has a power law decay. An application to random walks in random environments is discussed. MSC2000: primary 60K15 ; secondary 60K20, 60K37.

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ژورنال

عنوان ژورنال: The Annals of Applied Probability

سال: 2007

ISSN: 1050-5164

DOI: 10.1214/105051606000000844