Yule–Walker Equations Using a Gini Covariance Matrix for the High-Dimensional Heavy-Tailed PVAR Model

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J an 2 00 7 High Dimensional Covariance Matrix Estimation Using a Factor Model ∗

High dimensionality comparable to sample size is common in many statistical problems. We examine covariance matrix estimation in the asymptotic framework that the dimensionality p tends to ∞ as the sample size n increases. Motivated by the Arbitrage Pricing Theory in finance, a multi-factor model is employed to reduce dimensionality and to estimate the covariance matrix. The factors are observa...

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ژورنال

عنوان ژورنال: Mathematics

سال: 2021

ISSN: 2227-7390

DOI: 10.3390/math9060614