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Sparse High-Dimensional Vector Autoregressive Bootstrap

Robert Adamek, Stephan Smeekes, Ines Wilms

arXiv 2 Feb 2023 · Econometrics

arXiv:2302.01233 · PDF · DOI · OpenAlex · Extracted main text

Abstract

We introduce a high-dimensional multiplier bootstrap for time series data based on capturing dependence through a sparsely estimated vector autoregressive model. We prove its consistency for inference on high-dimensional means under two different moment assumptions on the errors, namely sub-gaussian moments and a finite number of absolute moments. In establishing these results, we derive a Gaussian approximation for the maximum mean of a linear process, which may be of independent interest.

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37
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85
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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
1Krampe, J., J.-P. Kreiss, and E. Paparoditis (2021) Bootstrap based inference for sparse high-dimensional time series models0.9568488%
2Adamek, R., S. Smeekes, and I. Wilms (2023) Lasso inference for high-dimensional time series self0.874102100%
3Kock, A. B. and L. Callot (2015) Oracle inequalities for high dimensional vector autoregressions0.87472100%
4Kock, A. B., R. S. Pedersen, and J. R.-V. Srensen (2024) Data-driven tuning parameter selection for high-dimensional vector autoregressions0.84333100%
5Chernozhukov, V., D. Chetverikov, and Y. Koike (2023) Nearly optimal central limit theorem and bootstrap approximations in high dimensions0.7547343%
6Chernozhukov, V., D. Chetverikov, and K. Kato (2013) Gaussian approximations and multiplier bootstrap for maxima of sums of high-dimensional random vectors0.73732100%
7Hecq, A., L. Margaritella, and S. Smeekes (2023) Inference in non-stationary high-dimensional VARs0.64422100%
8Nicholson, W. B., I. Wilms, J. Bien, and D. S. Matteson (2020) High dimensional forecasting via interpretable vector autoregression0.64422100%
9Paparoditis, E (1996) Bootstrapping autoregressive and moving average parameter estimates of infinite order vector autoregressive processes0.64422100%
10Chernozhukov, V., D. Chetverikov, and K. Kato (2017) Central limit theorems and bootstrap in high dimensions0.5113233%

Showing the top 10 of 37 scored citations.