Comment on “Weak Convergence to a Matrix Stochastic Integral with Stable Processes”

نویسندگان

  • Vygantas Paulauskas
  • Svetlozar Rachev
  • Frank J. Fabozzi
چکیده

In this paper we identify a lacuna in a proof in the paper by M. Caner published in 1997 in this Journal concerning the weak limit behavior of various expressions involving heavy-tailed multivariate vectors and the convergence of stochastic integrals. In a later paper (Caner, 1998) uses results for these limit relations to formulate tests for cointegration with infinite variance errors.

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تاریخ انتشار 2009