Some results on two-sided LIL behavior (Q2569230): Difference between revisions

Assume \(\{X_k\}\) are iid mean-zero rv's and denote their sum by \(S_n =\sum^n_1 X_k \). The authors address the following problem: Given a sequence \(a_n =\sqrt nh(n)\), where \(h\) is slowly varying and non-decreasing, when do we have a.s. \[ 0 < l(\lambda) \leq \limsup_{n \to \infty}(| S_n |/a_n) \leq r(\lambda) <\infty? \] Their answer is a LIL type result if \(\lambda >0\) and a stability result if \(\lambda =0\), with respect to a large class of normalizing sequences, without assuming \(EX^2 < \infty\). For slowly varying function \(h\) they obtain a complete analogue of the Hartman-Winter LIL. Moreover, the authors state conditions for a sequence \(\{c_n\}\) to be a normalizing sequence in a LIL type result and determine the cluster set of \(\{S_n/c_n\}\).