diff --git a/source/rst/kesten_processes.rst b/source/rst/kesten_processes.rst index 2b8e447e..344b3157 100644 --- a/source/rst/kesten_processes.rst +++ b/source/rst/kesten_processes.rst @@ -55,7 +55,7 @@ Kesten Processes single: Kesten processes; heavy tails -A **Kesten process** is a stochastic processes of the form +A **Kesten process** is a stochastic process of the form .. math:: :label: kesproc @@ -230,7 +230,7 @@ Since :math:`F^*` is stationary for the wealth process, this is just Hence the fraction of households with wealth in :math:`[0, y]` is the same next period as it is this period. -Since :math:`y` was chosen arbitrarily, the distribution is inchanged. +Since :math:`y` was chosen arbitrarily, the distribution is unchanged. Conditions for Stationarity