The Exact Renormalization Group and Higher-spin Holography
Robert G. Leigh, Onkar Parrikar, Alexander B. Weiss

TL;DR
This paper explores the connection between the exact renormalization group equations of scalar field theories with $U(N)$ symmetry and higher-spin holography, revealing how RG flows can be interpreted as higher-spin equations in an emergent higher-dimensional geometry.
Contribution
It demonstrates that RG equations can be formulated as higher-spin equations of motion in an emergent AdS space, providing a geometric interpretation of the RG flow and extending to non-relativistic theories.
Findings
RG equations as Hamilton equations in $AdS_{d+1}$
Emergence of higher-spin equations from RG flows
Construction of higher-spin theories in Schrödinger space
Abstract
In this paper, we revisit scalar field theories in space-time dimensions possessing global symmetry. Following our recent work arXiv:1402.1430v2, we consider the generating function of correlation functions of all -invariant, single-trace operators at the free fixed point. The exact renormalization group equations are cast as Hamilton equations of radial evolution in a model space-time of one higher dimension, in this case . The geometry associated with the RG equations is seen to emerge naturally out of the infinite jet bundle corresponding to the field theory, and suggests their interpretation as higher-spin equations of motion. While the higher-spin equations we obtain are remarkably simple, they are non-local in an essential way. Nevertheless, solving these bulk equations of motion in terms of a boundary source, we derive the on-shell action and…
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