Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
In this paper we consider the scaled limit of a continuous-time random walk (CTRW) based on a Markov chain {X n , n ≥ 0} and two observables, τ(·) and V(·), corresponding to the renewal times and jump ...