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Regularized Estimation of High-Dimensional Vector AutoRegressions with Weakly Dependent Innovations

Ricardo P. Masini, Marcelo C. Medeiros, Eduardo F. Mendes

arXiv 19 Dec 2019 · Mathematics — Statistics Theory · publishedJournal of Time Series Analysis (2021) · 7 citations (OpenAlex)

arXiv:1912.09002 · PDF · DOI · OpenAlex · Extracted main text

Abstract

There has been considerable advance in understanding the properties of sparse regularization procedures in high-dimensional models. In time series context, it is mostly restricted to Gaussian autoregressions or mixing sequences. We study oracle properties of LASSO estimation of weakly sparse vector-autoregressive models with heavy tailed, weakly dependent innovations with virtually no assumption on the conditional heteroskedasticity. In contrast to current literature, our innovation process satisfy an $L^1$ mixingale type condition on the centered conditional covariance matrices. This condition covers $L^1$-NED sequences and strong ($\alpha$-) mixing sequences as particular examples.

Citation extraction

38
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Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Basu, S. and Michailidis, G (2015) Regularized estimation in sparse high-dimensional time series models1.00053100%
2Wong, K., Li, Z., and Tewari, A (2020) Lasso guarantees for $$-mixing heavy tailed time series0.88810770%
3Negahban, S. N., Ravikumar, P., Wainwright, M. J., and Yu, B (2012) A unified framework for high-dimensional analysis of $ m $-estimators with decomposable regularizers0.8558462%
4Kock, A. and Callot, L (2015) Oracle inequalities for high dimensional vector autoregressions0.84333100%
5Adamek, R., Smeekes, S., and Wilms, I (2020) Lasso inference for high-dimensional time series0.81142100%
6Andrews, D. W (1988) Laws of large numbers for dependent non-identically distributed random variables0.64422100%
7Merlevède, F., Peligrad, M., and Rio, E (2011) A bernstein type inequality and moderate deviations for weakly dependent sequences0.64422100%
8Davidson, J (1994) Stochastic Limit Theory0.64422100%
9Medeiros, M. and Mendes, E (2016) $_1$-regularization of high-dimensional time-series models with non-gaussian and heteroskedastic innovations self0.64422100%
10Loh, P.-L. and Wainwright, M (2012) High-dimensional regression with noisy and missing data: Provable guarantees with nonconvexity0.64422100%

Showing the top 10 of 38 scored citations.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1Lasso Inference for High-Dimensional Time Series1.00083
2Granger Causality Testing in High-Dimensional VARs: a Post-Double-Selection Procedure1.00053
3Data-Driven Tuning Parameter Selection for High-Dimensional Vector Autoregressions0.87482
4Sparse Generalized Yule–Walker Estimation for Large Spatio-temporal Autoregressions with an Application to NO2 Satellite Data0.73732
5Local Projection Inference in High Dimensions0.64422
6A restricted eigenvalue condition for unit-root non-stationary data0.51121
7Sparse High-Dimensional Vector Autoregressive Bootstrap0.51121
8Inference in Non-stationary High-Dimensional VARs0.51121
9An Automated Approach Towards Sparse Single-Equation Cointegration Modelling0.40511
10Machine Learning Advances for Time Series Forecasting0.40511