Speculative Staging for Interpreter Optimization

Interpreters have a bad reputation for having lower performance than just-in-time compilers. We present a new way of building high performance interpreters that is particularly effective for executing dynamically typed programming languages. The key idea is to combine speculative staging of optimized interpreter instructions with a novel technique of incrementally and iteratively concerting them at run-time. This paper introduces the concepts behind deriving optimized instructions from existing interpreter instructions---incrementally peeling off layers of complexity. When compiling the interpreter, these optimized derivatives will be compiled along with the original interpreter instructions. Therefore, our technique is portable by construction since it leverages the existing compiler's backend. At run-time we use instruction substitution from the interpreter's original and expensive instructions to optimized instruction derivatives to speed up execution. Our technique unites high performance with the simplicity and portability of interpreters---we report that our optimization makes the CPython interpreter up to more than four times faster, where our interpreter closes the gap between and sometimes even outperforms PyPy's just-in-time compiler.Comment: 16 pages, 4 figures, 3 tables. Uses CPython 3.2.3 and PyPy 1.

A Simple Test of the Effect of Interest Rate Defense

High interest rates to defend the exchange rate signal that a government is committed to fixed exchange rates, but may also signal weak fundamentals. We test the effectiveness of the interest rate defense by disaggregating into the effects on future interest rates differentials, expectations of future exchange rates, and risk premia. While much previous empirical work has been inconclusive due to offsetting effects, tests that "disaggregate" the effects provide significant information. Raising overnight interest rates strengthens the exchange rate over the short-term, but also leads to an expected depreciation at a horizon of a year and longer and an increase in the risk premium, consistent with the argument that it also signals weak fundamentals.

Compiler analysis for trace-level speculative multithreaded architectures

Trace-level speculative multithreaded processors exploit trace-level speculation by means of two threads working cooperatively. One thread, called the speculative thread, executes instructions ahead of the other by speculating on the result of several traces. The other thread executes speculated traces and verifies the speculation made by the first thread. In this paper, we propose a static program analysis for identifying candidate traces to be speculated. This approach identifies large regions of code whose live-output values may be successfully predicted. We present several heuristics to determine the best opportunities for dynamic speculation, based on compiler analysis and program profiling information. Simulation results show that the proposed trace recognition techniques achieve on average a speed-up close to 38% for a collection of SPEC2000 benchmarks.Peer ReviewedPostprint (published version