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$\ell_1$-Regularized Generalized Least Squares

$\ell_1$-Regularized Generalized Least Squares

In this paper we propose an $\ell_1$-regularized GLS estimator for high-dimensional regressions with potentially autocorrelated errors. We establish non-asymptotic oracle inequalities for estimation accuracy in a framework that allows for highly persistent autoregressive errors. In practice, the Whitening matrix required to implement the GLS is unkown, we present a feasible …