A Study of The Impact of Financial Development on the Country’s Monetization

Based on dynamic panel data from 45 countries, this article makes an empirical analysis of the determinants of M2/GDP ratio. It reveals that indirect financing dominated by banking system and direct financing dominated by financial markets jointly contribute to the rise of the M2/GDP ratio of a country, while the improvement of efficiency of banking industry and securities market helps reduce it. Finally it offers some suggestions on upgrading China’s financial market and structure in terms of promoting its financial efficiency, innovation and reform

A Span-Extraction Dataset for Chinese Machine Reading Comprehension

Machine Reading Comprehension (MRC) has become enormously popular recently and has attracted a lot of attention. However, the existing reading comprehension datasets are mostly in English. In this paper, we introduce a Span-Extraction dataset for Chinese machine reading comprehension to add language diversities in this area. The dataset is composed by near 20,000 real questions annotated on Wikipedia paragraphs by human experts. We also annotated a challenge set which contains the questions that need comprehensive understanding and multi-sentence inference throughout the context. We present several baseline systems as well as anonymous submissions for demonstrating the difficulties in this dataset. With the release of the dataset, we hosted the Second Evaluation Workshop on Chinese Machine Reading Comprehension (CMRC 2018). We hope the release of the dataset could further accelerate the Chinese machine reading comprehension research. Resources are available: https://github.com/ymcui/cmrc2018Comment: 6 pages, accepted as a conference paper at EMNLP-IJCNLP 2019 (short paper

Nonlinear stability for 3-D plane Poiseuille flow in a finite channel

In this paper, we study the nonlinear stability for the 3-D plane Poiseuille flow $(1-y^2,0,0)$ at high Reynolds number $Re$ in a finite channel $\mathbb{T}\times [-1,1 ]\times \mathbb{T}$ with non-slip boundary condition. We prove that if the initial velocity $v_0$ satisfies $$\|v_0-(1-y^2,0,0)\|_{H^{\frac{5}{2},2}}\leq c_0 Re^{-\frac{7}{4}}$$ for some $c_0>0$ independent of $Re$, then the solution of 3-D Naiver-Stokes equations is global in time and does not transit away from the plane Poiseuille flow. To our knowledge, this is the first nonlinear stability result for the 3-D plane Poiseuille flow and the transition threshold is accordant with the numerical result by Lundbladh et al. \cite{LHR}

Neural Cognitive Diagnosis for Intelligent Education Systems

Cognitive diagnosis is a fundamental issue in intelligent education, which aims to discover the proficiency level of students on specific knowledge concepts. Existing approaches usually mine linear interactions of student exercising process by manual-designed function (e.g., logistic function), which is not sufficient for capturing complex relations between students and exercises. In this paper, we propose a general Neural Cognitive Diagnosis (NeuralCD) framework, which incorporates neural networks to learn the complex exercising interactions, for getting both accurate and interpretable diagnosis results. Specifically, we project students and exercises to factor vectors and leverage multi neural layers for modeling their interactions, where the monotonicity assumption is applied to ensure the interpretability of both factors. Furthermore, we propose two implementations of NeuralCD by specializing the required concepts of each exercise, i.e., the NeuralCDM with traditional Q-matrix and the improved NeuralCDM+ exploring the rich text content. Extensive experimental results on real-world datasets show the effectiveness of NeuralCD framework with both accuracy and interpretability

TextBrewer: An Open-Source Knowledge Distillation Toolkit for Natural Language Processing

In this paper, we introduce TextBrewer, an open-source knowledge distillation toolkit designed for natural language processing. It works with different neural network models and supports various kinds of supervised learning tasks, such as text classification, reading comprehension, sequence labeling. TextBrewer provides a simple and uniform workflow that enables quick setting up of distillation experiments with highly flexible configurations. It offers a set of predefined distillation methods and can be extended with custom code. As a case study, we use TextBrewer to distill BERT on several typical NLP tasks. With simple configurations, we achieve results that are comparable with or even higher than the public distilled BERT models with similar numbers of parameters. Our toolkit is available through: http://textbrewer.hfl-rc.comComment: To appear at ACL 2020 Demo Sessio

Generative Input: Towards Next-Generation Input Methods Paradigm

Since the release of ChatGPT, generative models have achieved tremendous success and become the de facto approach for various NLP tasks. However, its application in the field of input methods remains under-explored. Many neural network approaches have been applied to the construction of Chinese input method engines(IMEs).Previous research often assumed that the input pinyin was correct and focused on Pinyin-to-character(P2C) task, which significantly falls short of meeting users' demands. Moreover, previous research could not leverage user feedback to optimize the model and provide personalized results. In this study, we propose a novel Generative Input paradigm named GeneInput. It uses prompts to handle all input scenarios and other intelligent auxiliary input functions, optimizing the model with user feedback to deliver personalized results. The results demonstrate that we have achieved state-of-the-art performance for the first time in the Full-mode Key-sequence to Characters(FK2C) task. We propose a novel reward model training method that eliminates the need for additional manual annotations and the performance surpasses GPT-4 in tasks involving intelligent association and conversational assistance. Compared to traditional paradigms, GeneInput not only demonstrates superior performance but also exhibits enhanced robustness, scalability, and online learning capabilities