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• W2004262208 abstract "Recent experience has shown that interior-point methods using a log barrier approach are far superior to classical simplex methods for computing solutions to large parametric quantile regression problems. In many large empirical applications, the design matrix has a very sparse structure. A typical example is the classical fixed-effect model for panel data where the parametric dimension of the model can be quite large, but the number of non-zero elements is quite small. Adopting recent developments in sparse linear algebra we introduce a modified version of the Frisch-Newton algorithm for quantile regression described in Portnoy and Koenker[28]. The new algorithm substantially reduces the storage (memory) requirements and increases computational speed. The modified algorithm also facilitates the development of nonparametric quantile regression methods. The pseudo design matrices employed in nonparametric quantile regression smoothing are inherently sparse in both the fidelity and roughness penalty components. Exploiting the sparse structure of these problems opens up a whole range of new possibilities for multivariate smoothing on large data sets via ANOVA-type decomposition and partial linear models." @default.
• W2004262208 created "2016-06-24" @default.
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• W2004262208 date "2005-05-01" @default.
• W2004262208 modified "2023-10-07" @default.
• W2004262208 title "A Frisch-Newton Algorithm for Sparse Quantile Regression" @default.
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• W2004262208 doi "https://doi.org/10.1007/s10255-005-0231-1" @default.
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