Weak convergence of the number of zero increments in the random walk with barrier

Abstract

We continue the line of research of random walks with barrier initiated by Iksanov and M{ö}hle (2008). Assuming that the tail of the step of the underlying random walk has a power-like behavior at infinity with exponent $-α$, $α\in(0,1)$, we prove that the number $V_n$ of zero increments in the random walk with barrier, properly centered and normalized, converges weakly to the standard normal law. This refines previously known weak law of large numbers for $V_n$ proved in Iksanov and Negadailov (2008).