Abstract
Functional limit theorems are generalizations of classical central limit theorems. They allow us not only to approximate the distributions of sums of random variables, but also describe their temporal evolution. The necessary mathematical concepts as well as some sufficient conditions for convergence to a random walk are discussed.
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Ploberger, W. (2018). Functional Central Limit Theorems. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2591
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DOI: https://doi.org/10.1057/978-1-349-95189-5_2591
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Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-95188-8
Online ISBN: 978-1-349-95189-5
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