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Sparse Reduced Rank Regression With Nonconvex Regularization

2018-03-20 · Ziping Zhao, Daniel P. Palomar

In this paper, the estimation problem for sparse reduced rank regression (SRRR) model is considered. The SRRR model is widely used for dimension reduction and variable selection with applications in signal processing, econometrics, etc. The problem is formulated to minimize the least squares loss with a sparsity-inducing penalty considering an orthogonality constraint. Convex sparsity-inducing functions have been used for SRRR in literature. In this work, a nonconvex function is proposed for better sparsity inducing. An efficient algorithm is developed based on the alternating minimization (or projection) method to solve the nonconvex optimization problem. Numerical simulations show that the proposed algorithm is much more efficient compared to the benchmark methods and the nonconvex function can result in a better estimation accuracy.

📄 PDF Abstract BibTeX arXiv:1803.07247

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Dimensionality ReductionEconometricsregressionVariable Selection

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