Embedding and asymptotic expansions for martingales

نویسنده

  • P. A. Mykland
چکیده

The paper develops a way of embedding general martingales in continuous ones in such a way that the quadratic variation of the continuous martingale has conditional cumulants (given the original martingale) that are explicitly given in terms of optional and predictable variations of the original process. Bartlett identities for the conditional cumulants are also found. A main corollary to these results is the establishment of second (and in some cases higher) order asymptotic expansions for martingales.

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تاریخ انتشار 1993