Abstract: Over the past decades, there has been a surge of interest in studying low-dimensional structures within high-dimensional data. Statistical factor models (i.e., low-rank plus diagonal ...
Abstract: In this paper, we propose a dynamical systems perspective of the Expectation-Maximization (EM) algorithm. More precisely, we can analyze the EM algorithm as a nonlinear state-space dynamical ...
NY Fed survey finds rise in near-term expected inflation NY Fed report finds year-ahead expected gasoline price rise at highest in four years NY Fed finds consumers hold mixed views on job market ...