I'd like to know whether starting from a beta distribution and iterating it in the way described below, I will get a stationary (beta) distribution again.
More specifically this is the problem I am facing:
Starting with a $\mathrm{Beta}(2,1.5)$, for each element $\phi$ drawn from this pdf, draw from an associated distribution; $\mathrm{Beta}(\phi+1,1.5)$. Iterating $n$ times, as $n$ goes to $\infty$, with this procedure do we get back a stationary distribution? Is it a beta distribution?