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JOURNALS // Teoriya Veroyatnostei i ee Primeneniya // Archive

Teor. Veroyatnost. i Primenen., 1981 Volume 26, Issue 4, Pages 769–783 (Mi tvp3506)

This article is cited in 34 papers

An asymptotic behaviour of local times of a recurrent random walk with finite variance

A. N. Borodin

Leningrad

Abstract: The paper deals with the asymptotic behaviour (as $n\to\infty$) of the number $\varphi(n,r)$ of times the recurrent random walk $\nu_k$ hits the point $r$ till time $n$. We prove that if the random walk has a finite variance then the processes
$$ t_n(t,x)=n^{-1/2}\varphi([nt],[x\sqrt n]),\qquad(t,x)\in[0,\infty)\times\mathbf R^1 $$
(where $[a]$ is the integer part of $a$), converge weakly to the process $\mathbf t(t,x)$ – the Brownian local time at the point $x$ after time $t$. This result is applied to the investigation of a limit behaviour of a number of processes generated by a recurrent random walk $\nu_k$.

Received: 16.04.1980


 English version:
Theory of Probability and its Applications, 1982, 26:4, 758–772

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