Strong renewal theorem and local limit theorem in the absence of regular variation

preprint2021arXivOpen access

Abstract

We obtain a strong renewal theorem with infinite mean beyond regular variation, when the underlying distribution belongs to the domain of geometric partial attraction a semistable law with index α∈(1/2,1]α\in (1/2,1]. In the process we obtain local limit theorems for both finite and infinite mean, that is for the whole range α∈(0,2)α\in (0,2). We also derive the asymptotics of the renewal function for α∈(0,1]α\in (0,1].

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