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Multivariate linear recursions with Markov-dependent coefficients

Published 14 Jun 2010 in math.PR | (1006.2694v1)

Abstract: We study a linear recursion with random Markov-dependent coefficients. In a "regular variation in, regular variation out" setup we show that its stationary solution has a multivariate regularly varying distribution. This extends results previously established for i.i.d. coefficients.

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