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Shrinkage estimators of covariance are an important tool in modern applied and theoretical statistics. They play a key role in regularized estimation problems, such as ridge regression (aka Tykhonov regularization), regularized discriminant…

Statistics Theory · Mathematics 2011-05-10 Noureddine El Karoui , Holger Koesters

In this paper we estimate the mean-variance portfolio in the high-dimensional case using the recent results from the theory of random matrices. We construct a linear shrinkage estimator which is distribution-free and is optimal in the sense…

Statistical Finance · Quantitative Finance 2023-04-19 Taras Bodnar , Yarema Okhrin , Nestor Parolya

We investigate Bayesian shrinkage methods for constructing predictive distributions. We consider the multivariate Normal model with a known covariance matrix and show that the Bayesian predictive density with respect to Stein's harmonic…

Statistics Theory · Mathematics 2017-07-31 Yuzo Maruyama , Toshio Ohnishi

In this work, the estimation of the multivariate normal mean by different classes of shrinkage estimators is investigated. The risk associated with the balanced loss function is used to compare two estimators. We start by considering…

Statistics Theory · Mathematics 2021-07-30 Abdelkader Benkhaled , Mekki Terbeche , Abdenour Hamdaoui

In this work we construct an optimal shrinkage estimator for the precision matrix in high dimensions. We consider the general asymptotics when the number of variables $p\rightarrow\infty$ and the sample size $n\rightarrow\infty$ so that…

Statistics Theory · Mathematics 2023-04-19 Taras Bodnar , Arjun K. Gupta , Nestor Parolya

This paper considers the problem of robust adaptive efficient estimating of a periodic function in a continuous time regression model with the dependent noises given by a general square integrable semimartingale with a conditionally…

Statistics Theory · Mathematics 2019-09-24 Evgeny Pchelintsev , Serguei Pergamenshchikov

We present a linear regression method for predictions on a small data set making use of a second possibly biased data set that may be much larger. Our method fits linear regressions to the two data sets while penalizing the difference…

Methodology · Statistics 2014-12-19 Aiyou Chen , Art B. Owen , Minghui Shi

In one-dimensional density estimation on i.i.d. observations we suggest an adaptive cross-validation technique for the selection of a kernel estimator. This estimator is both asymptotic MISE-efficient with respect to the monotone oracle,…

Statistics Theory · Mathematics 2007-06-13 Clementine Dalelane

This paper introduces a flexible regularization approach that reduces point estimation risk of group means stemming from e.g. categorical regressors, (quasi-)experimental data or panel data models. The loss function is penalized by adding…

Econometrics · Economics 2019-01-08 Phillip Heiler , Jana Mareckova

Shape restrictions such as monotonicity on functions often arise naturally in statistical modeling. We consider a Bayesian approach to the problem of estimation of a monotone regression function and testing for monotonicity. We construct a…

Statistics Theory · Mathematics 2020-08-05 Moumita Chakraborty , Subhashis Ghosal

This article proposes a Bayesian approach to regression with a scalar response against vector and tensor covariates. Tensor covariates are commonly vectorized prior to analysis, failing to exploit the structure of the tensor, and resulting…

Methodology · Statistics 2015-09-23 Rajarshi Guhaniyogi , Shaan Qamar , David B. Dunson

The state-of-the-art methods for estimating high-dimensional covariance matrices all shrink the eigenvalues of the sample covariance matrix towards a data-insensitive shrinkage target. The underlying shrinkage transformation is either…

Machine Learning · Statistics 2025-11-25 Man-Chung Yue , Yves Rychener , Daniel Kuhn , Viet Anh Nguyen

Estimating a covariance matrix is an important task in applications where the number of variables is larger than the number of observations. Shrinkage approaches for estimating a high-dimensional covariance matrix are often employed to…

Methodology · Statistics 2015-06-18 Anestis Touloumis

Adaptive importance sampling (AIS) algorithms are a rising methodology in signal processing, statistics, and machine learning. An effective adaptation of the proposals is key for the success of AIS. Recent works have shown that gradient…

Computation · Statistics 2025-03-27 Víctor Elvira , Émilie Chouzenoux , O. Deniz Akyildiz

In all areas of human knowledge, datasets are increasing in both size and complexity, creating the need for richer statistical models. This trend is also true for economic data, where high-dimensional and nonlinear/nonparametric inference…

Econometrics · Economics 2021-12-23 Dimitris Korobilis , Kenichi Shimizu

In Bayesian regression models with categorical predictors, constraints are needed to ensure identifiability when using all $K$ levels of a factor. The sum-to-zero constraint is particularly useful as it allows coefficients to represent…

Methodology · Statistics 2025-04-15 Zhi Ling , Shozen Dan

We consider the problem of discrete-time signal denoising, focusing on a specific family of non-linear convolution-type estimators. Each such estimator is associated with a time-invariant filter which is obtained adaptively, by solving a…

Statistics Theory · Mathematics 2018-06-13 Dmitrii Ostrovskii , Zaid Harchaoui

The Gaussian sequence model is a canonical model in nonparametric estimation. In this study, we introduce a multivariate version of the Gaussian sequence model and investigate adaptive estimation over the multivariate Sobolev ellipsoids,…

Statistics Theory · Mathematics 2023-12-22 Takeru Matsuda

We propose a unified framework for global-local regularization that bridges the gap between classical techniques -- such as ridge regression and the nonnegative garotte -- and modern Bayesian hierarchical modeling. By estimating local…

Methodology · Statistics 2025-12-17 Jyotishka Datta , Nick Polson , Vadim Sokolov

We propose a new prediction method for multivariate linear regression problems where the number of features is less than the sample size but the number of outcomes is extremely large. Many popular procedures, such as penalized regression…

Methodology · Statistics 2021-04-20 Yihe Wang , Sihai Dave Zhao