8,296 research outputs found

    Does external trade promote financial development?

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    Several recent papers have argued that trade and financial development may be linked, either for political economy reasons, or because foreign competition and exposure to shocks lead to changes in the demand for external finance. In this paper we use the cross-country and time-series variation in openness to study the relationship between trade and finance in more detail. Our results suggest that increases in goods market openness are typically followed by sustained increases in financial depth.openness, trade, financial development.

    What's Cookin'? Interpreting Cooking Videos using Text, Speech and Vision

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    We present a novel method for aligning a sequence of instructions to a video of someone carrying out a task. In particular, we focus on the cooking domain, where the instructions correspond to the recipe. Our technique relies on an HMM to align the recipe steps to the (automatically generated) speech transcript. We then refine this alignment using a state-of-the-art visual food detector, based on a deep convolutional neural network. We show that our technique outperforms simpler techniques based on keyword spotting. It also enables interesting applications, such as automatically illustrating recipes with keyframes, and searching within a video for events of interest.Comment: To appear in NAACL 201
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