Sparse estimation of large covariance matrices via a nested Lasso penalty

dc.creatorLevina, Elizaveta
dc.creatorRothman, Adam
dc.creatorZhu, Ji
dc.date2008-03-27
dc.date.accessioned2026-07-07T12:17:53Z
dc.date.available2026-07-07T12:17:53Z
dc.descriptionThe paper proposes a new covariance estimator for large covariance matrices when the variables have a natural ordering. Using the Cholesky decomposition of the inverse, we impose a banded structure on the Cholesky factor, and select the bandwidth adaptively for each row of the Cholesky factor, using a novel penalty we call nested Lasso. This structure has more flexibility than regular banding, but, unlike regular Lasso applied to the entries of the Cholesky factor, results in a sparse estimator for the inverse of the covariance matrix. An iterative algorithm for solving the optimization problem is developed. The estimator is compared to a number of other covariance estimators and is shown to do best, both in simulations and on a real data example. Simulations show that the margin by which the estimator outperforms its competitors tends to increase with dimension.
dc.descriptionPublished in at http://dx.doi.org/10.1214/07-AOAS139 the Annals of Applied Statistics (http://www.imstat.org/aoas/) by the Institute of Mathematical Statistics (http://www.imstat.org)
dc.identifierhttps://arxiv.org/abs/0803.3872
dc.identifierhttp://arxiv.org/abs/0803.3872
dc.identifierAnnals of Applied Statistics 2008, Vol. 2, No. 1, 245-263
dc.identifierdoi:10.1214/07-AOAS139
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/212228
dc.subjectApplications
dc.titleSparse estimation of large covariance matrices via a nested Lasso penalty
dc.typetext

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