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arxiv: 1101.2183 · v1 · pith:JBDSMC4Anew · submitted 2011-01-11 · 🧮 math.PR

On tails of perpetuities

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keywords boundtailsarisescasedifferenceequationestablishgoldie
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We establish an upper bound on the tails of a random variable that arises as a solution of a stochastic difference equation. In the non--negative case our bound is similar to a lower bound obtained by Goldie and Gr\"ubel in 1996.

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