Stable central limit theorems for discrete-time lag martingale difference arrays

Fuente: arXiv
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Hauptverfasser: Dempsey, Walter, Huch, Easton
Format: Preprint
Veröffentlicht: 2025
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author Dempsey, Walter
Huch, Easton
author_facet Dempsey, Walter
Huch, Easton
contents Recent work in dynamic causal inference introduced a class of discrete-time stochastic processes that generalize martingale difference sequences and arrays as follows: the random variates in each sequence have expectation zero given certain lagged filtrations but not given the natural filtration. We formalize this class of stochastic processes and prove a stable central limit theorem (CLT) via a Bernstein blocking scheme and an application of the classical martingale CLT. We generalize our limit theorem to vector-valued processes via the Cramér-Wold device and develop a simple form for the limiting variance. We demonstrate the application of these results to a problem in dynamic causal inference and present a simulation study supporting their validity.
format Preprint
id arxiv_https___arxiv_org_abs_2510_06524
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Stable central limit theorems for discrete-time lag martingale difference arrays
Dempsey, Walter
Huch, Easton
Statistics Theory
Probability
60G48, 60F05 (Primary), 60G42, 60B12 (Secondary)
Recent work in dynamic causal inference introduced a class of discrete-time stochastic processes that generalize martingale difference sequences and arrays as follows: the random variates in each sequence have expectation zero given certain lagged filtrations but not given the natural filtration. We formalize this class of stochastic processes and prove a stable central limit theorem (CLT) via a Bernstein blocking scheme and an application of the classical martingale CLT. We generalize our limit theorem to vector-valued processes via the Cramér-Wold device and develop a simple form for the limiting variance. We demonstrate the application of these results to a problem in dynamic causal inference and present a simulation study supporting their validity.
title Stable central limit theorems for discrete-time lag martingale difference arrays
topic Statistics Theory
Probability
60G48, 60F05 (Primary), 60G42, 60B12 (Secondary)
url https://arxiv.org/abs/2510.06524