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Bibliographic Details
Main Author: Krizmanic, Danijel
Format: Preprint
Published: 2022
Subjects:
Online Access:https://arxiv.org/abs/2208.04054
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Table of Contents:
  • We derive functional convergence of the partial maxima stochastic processes of multivariate linear processes with weakly dependent heavy-tailed innovations and random coefficients. The convergence takes place in the space of $\mathbb{R}^{d}$--valued càdlàg functions on $[0,1]$ endowed with the weak Skorokhod $M_{1}$ topology. We also show that this topology in general can not be replaced by the standard (or strong) $M_{1}$ topology.