Uniform moment bounds of multi-dimensional functions of discrete-time stochastic processes

preprint2011arXivOpen access

Abstract

We establish conditions for uniform rr-th moment bound of certain Rd\R^d-valued functions of a discrete-time stochastic process taking values in a general metric space. The conditions include an appropriate negative drift together with a uniform LpL_p bound on the jumps of the process for p>r+1p > r + 1. Applications of the result are given in connection to iterated function systems and biochemical reaction networks.

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