Previous research on urban shrinkage has primarily focused on conceptual development and identifying underlying drivers … relevant literature, to examine the fiscal implications of urban shrinkage. Specifically, we explore the impact of population … decline, a defining characteristic of urban shrinkage on local fiscal revenues. Applying our framework to the context of Japan …

The paper introduces a new type of shrinkage estimation that is not based on asymptotic optimality but uses artificial … intelligence (AI) techniques to shrink the sample eigenvalues. The proposed AI Shrinkage estimator applies to both linear and … nonlinear shrinkage, demonstrating improved performance compared to the classic shrinkage estimators. Our results demonstrate …

The paper introduces a new type of shrinkage estimation that is not based on asymptotic optimality but uses artificial … intelligence (AI) techniques to shrink the sample eigenvalues. The proposed AI Shrinkage estimator applies to both linear and … nonlinear shrinkage, demonstrating improved performance compared to the classic shrinkage estimators. Our results demonstrate …

feasible application of the shrinkage estimator of the covariance matrix, which is expected to encourage the investors focusing … on the shrinkage-based framework for their portfolio selection. The empirical study on the Vietnam stock market in the … period of 2011-2021 shows that the shrinkage approach has much better performance than other traditional methods on the …