This paper deals with the estimation of a high-dimensional covariance with a con- ditional sparsity structure and fast-diverging eigenvalues. By assuming sparse error covariance matrix in an approximate factor model, we allow for the presence of some cross-sectional correlation even after taking out common but unobservable factors. We introduce the Principal Orthogonal complEment Thresholding (POET) method to explore such an approximate factor structure with sparsity. The POET estimator includes the sample covariance matrix, the factor-based covariance matrix (Fan, Fan, and Lv, 2008), the thresholding estimator (Bickel and Levina, 2008) and the adaptive thresholding estimator (Cai and Liu, 2011) as specic examples. We provide mathe- matical insights when the factor analysis is approximately the same as the principal component analysis for high-dimensional data. The rates of convergence of the sparse residual covariance matrix and the conditional sparse covariance matrix are studied under various norms. It is shown that the impact of estimating the unknown factors vanishes as the dimensionality increases. The uniform rates of convergence for the un- observed factors and their factor loadings are derived. The asymptotic results are also veried by extensive simulation studies. Finally, a real data application on portfolio allocation is presented.

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Suppose G is a reductive algebraic group, T is a Cartan subgroup of G, N= Norm (T), and W= N/T is the Weyl group. If w W has order d, it is natural to ask about the orders lifts of w to N. It is straightforward to see that the minimal order of a lift of w has order d or 2d, but it can be a subtle question which holds. We first consider the question of when W itself lifts to a subgroup of N (in which case every element of W lifts to an element of N of the same order). We then consider two natural classes of elements: regular and elliptic. In the latter case all lifts of w are conjugate, and therefore have the same order. We also consider the twisted case.

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The Onsager's reciprocal relation plays a fundamental role in the nonequilibrium thermodynamics. However, unfortunately, its classical version is valid only within a narrow region near equilibrium due to the linear regression hypothesis, which largely restricts its usage. In this paper, based on the conservation-dissipation formalism, a generalized version of Onsager's relations for the master equations and Fokker-Planck equations was derived. Nonlinear constitutive relations with nonsymmetric and positively stable operators, which become symmetric under the detailed balance condition, constitute key features of this new generalization. Similar conclusions also hold for many other classical models in physics and chemistry, which in turn make the current study as a benchmark for the application of generalized Onsager's relations in nonequilibrium thermodynamics.