K-Theoretic Descendent Series for Hilbert Schemes of Points on Surfaces

We study the holomorphic Euler characteristics of tautological sheaves on Hilbert schemes of points on surfaces. In particular, we establish the rationality of K-theoretic descendent series. Our approach is to control equivariant holomorphic Euler characteristics over the Hilbert scheme of points on the affine plane. To do so, we slightly modify a Macdonald polynomial identity of Mellit.