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Large Bayesian vector autoregressions with various forms of stochastic volatility have become increasingly popular in empirical macroeconomics. One main difficulty for practitioners is to choose the most suitable stochastic volatility…

Econometrics · Economics 2022-08-30 Joshua C. C. Chan

When model uncertainty is handled by Bayesian model averaging (BMA) or Bayesian model selection (BMS), the posterior distribution possesses a desirable "oracle property" for parametric inference, if for large enough data it is nearly as…

Statistics Theory · Mathematics 2018-02-05 Wenxin Jiang , Cheng Li

Use of continuous shrinkage priors -- with a "spike" near zero and heavy-tails towards infinity -- is an increasingly popular approach to induce sparsity in parameter estimates. When the parameters are only weakly identified by the…

Methodology · Statistics 2021-09-17 Akihiko Nishimura , Marc A. Suchard

In many large-scale inverse problems, such as computed tomography and image deblurring, characterization of sharp edges in the solution is desired. Within the Bayesian approach to inverse problems, edge-preservation is often achieved using…

Computation · Statistics 2022-07-20 Felipe Uribe , Yiqiu Dong , Per Christian Hansen

This paper explores a class of empirical Bayes methods for level-dependent threshold selection in wavelet shrinkage. The prior considered for each wavelet coefficient is a mixture of an atom of probability at zero and a heavy-tailed…

Statistics Theory · Mathematics 2007-06-13 Iain M. Johnstone , Bernard W. Silverman

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

We develop a Bayesian framework for variable selection in linear regression with autocorrelated errors, accommodating lagged covariates and autoregressive structures. This setting occurs in time series applications where responses depend on…

Methodology · Statistics 2025-08-18 Alokesh Manna , Sujit K. Ghosh

There has been an intense development on the estimation of a sparse regression coefficient vector in statistics, machine learning and related fields. In this paper, we focus on the Bayesian approach to this problem, where sparsity is…

Computation · Statistics 2016-02-25 Xichen Huang , Jin Wang , Feng Liang

We propose a novel class of dynamic shrinkage processes for Bayesian time series and regression analysis. Building upon a global-local framework of prior construction, in which continuous scale mixtures of Gaussian distributions are…

Methodology · Statistics 2019-07-02 Daniel R. Kowal , David S. Matteson , David Ruppert

We consider the fractional posterior distribution that is obtained by updating a prior distribution via Bayes theorem with a fractional likelihood function, a usual likelihood function raised to a fractional power. First, we analyze the…

Statistics Theory · Mathematics 2016-11-08 Anirban Bhattacharya , Debdeep Pati , Yun Yang

Small area estimation (SAE) plays a central role in survey statistics and epidemiology, providing reliable estimates for domains with limited sample sizes. The multivariate Fay-Herriot model has been extensively used for this purpose,…

Methodology · Statistics 2026-01-22 Shushi Nishina , Takahiro Onizuka , Shintaro Hashimoto

We propose a fast and theoretically grounded method for Bayesian variable selection and model averaging in latent variable regression models. Our framework addresses three interrelated challenges: (i) intractable marginal likelihoods, (ii)…

Methodology · Statistics 2025-09-16 Gregor Zens , Mark F. J. Steel

The use of prior information in the linear regression is well known to provide more efficient estimators of regression coefficients. The methods of non-stochastic restricted regression estimation proposed by Theil and Goldberger (1961) are…

Applications · Statistics 2017-10-12 Yetkin Tuaç , Olcay Arslan

We consider Bayesian variable selection for binary outcomes under a probit link with a spike-and-slab prior on the regression coefficients. Motivated by the computational challenges encountered by Markov chain Monte Carlo (MCMC) samplers in…

Computation · Statistics 2026-05-18 Augusto Fasano , Giovanni Rebaudo

The problem of selecting the most useful features from a great many (eg, thousands) of candidates arises in many areas of modern sciences. An interesting problem from genomic research is that, from thousands of genes that are active…

Applications · Statistics 2018-05-15 Longhai Li , Weixin Yao

We develop an adaptive monotone shrinkage estimator for regression models with the following characteristics: i) dense coefficients with small but important effects; ii) a priori ordering that indicates the probable predictive importance of…

Methodology · Statistics 2015-05-08 Zhuang Ma , Dean Foster , Robert Stine

Bayesian $l_0$-regularized least squares is a variable selection technique for high dimensional predictors. The challenge is optimizing a non-convex objective function via search over model space consisting of all possible predictor…

Machine Learning · Statistics 2018-12-19 Nicholas G. Polson , Lei Sun

Consider a problem of predicting a response variable using a set of covariates in a linear regression model. If it is \emph{a priori} known or suspected that a subset of the covariates do not significantly contribute to the overall fit of…

Applications · Statistics 2011-09-13 SM Enayetur Raheem , S. Ejaz Ahmed

Sparse reduced rank regression is an essential statistical learning method. In the contemporary literature, estimation is typically formulated as a nonconvex optimization that often yields to a local optimum in numerical computation. Yet,…

Methodology · Statistics 2022-12-06 Canhong Wen , Ruipeng Dong , Xueqin Wang , Weiyu Li , Heping Zhang

Recent literature provides many computational and modeling approaches for covariance matrices estimation in a penalized Gaussian graphical models but relatively little study has been carried out on the choice of the tuning parameter. This…

Methodology · Statistics 2009-09-08 Heng Lian
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