Monetary growth and the timing of interest rate movements

Interest rates ; Money supply

Speech and crosstalk detection in multichannel audio

The analysis of scenarios in which a number of microphones record the activity of speakers, such as in a round-table meeting, presents a number of computational challenges. For example, if each participant wears a microphone, speech from both the microphone's wearer (local speech) and from other participants (crosstalk) is received. The recorded audio can be broadly classified in four ways: local speech, crosstalk plus local speech, crosstalk alone and silence. We describe two experiments related to the automatic classification of audio into these four classes. The first experiment attempted to optimize a set of acoustic features for use with a Gaussian mixture model (GMM) classifier. A large set of potential acoustic features were considered, some of which have been employed in previous studies. The best-performing features were found to be kurtosis, "fundamentalness," and cross-correlation metrics. The second experiment used these features to train an ergodic hidden Markov model classifier. Tests performed on a large corpus of recorded meetings show classification accuracies of up to 96%, and automatic speech recognition performance close to that obtained using ground truth segmentation

G. J. Brown to Mr. Meredith (14 October 1962)

https://egrove.olemiss.edu/mercorr_pro/2165/thumbnail.jp

Utilising temporal signal features in adverse noise conditions: Detection, estimation, and the reassigned spectrogram

Visual displays in passive sonar based on the Fourier spectrogram are underpinned by detection models that rely on signal and noise power statistics. Time-frequency representations specialised for sparse signals achieve a sharper signal representation, either by reassigning signal energy based on temporal structure or by conveying temporal structure directly. However, temporal representations involve nonlinear transformations that make it difficult to reason about how they respond to additive noise. This article analyses the effect of noise on temporal fine structure measurements such as zero crossings and instantaneous frequency. Detectors that rely on zero crossing intervals, intervals and peak amplitudes, and instantaneous frequency measurements are developed, and evaluated for the detection of a sinusoid in Gaussian noise, using the power detector as a baseline. Detectors that rely on fine structure outperform the power detector under certain circumstances; and detectors that rely on both fine structure and power measurements are superior. Reassigned spectrograms assume that the statistics used to reassign energy are reliable, but the derivation of the fine structure detectors indicates the opposite. The article closes by proposing and demonstrating the concept of a doubly reassigned spectrogram, wherein temporal measurements are reassigned according to a statistical model of the noise background

Perceptual compensation for the effects of reverberation on consonant identification: Evidence from studies with monaural stimuli

Mounting evidence suggests that listeners perceptually compensate for the adverse effects of reverberation in rooms when listening to speech monaurally. However, it is not clear whether the underlying perceptual mechanism would be at all effective in the high levels of stimulus uncertainty that are present in everyday listening. Three experiments investigated monaural compensation with a consonant identification task in which listeners heard different speech on each trial. Consonant confusions frequently arose when a greater degree of reverberation was added to a test-word than to its surrounding context, but compensation became apparent in conditions where the context reverberation was increased to match that of the test-word; here, the confusions were largely resolved. A second experiment shows that information from the test-word itself can also effect compensation. Finally, the time course of compensation was examined by applying reverberation to a portion of the preceding context; consonant identification improves as this portion increases in duration. These findings indicate a monaural compensation mechanism that is likely to be effective in everyday listening, allowing listeners to recalibrate as their reverberant environment changes

Exploiting Deep Neural Networks and Head Movements for Robust Binaural Localisation of Multiple Sources in Reverberant Environments

This paper presents a novel machine-hearing system that exploits deep neural networks (DNNs) and head movements for robust binaural localisation of multiple sources in reverberant environments. DNNs are used to learn the relationship between the source azimuth and binaural cues, consisting of the complete cross-correlation function (CCF) and interaural level differences (ILDs). In contrast to many previous binaural hearing systems, the proposed approach is not restricted to localisation of sound sources in the frontal hemifield. Due to the similarity of binaural cues in the frontal and rear hemifields, front-back confusions often occur. To address this, a head movement strategy is incorporated in the localisation model to help reduce the front-back errors. The proposed DNN system is compared to a Gaussian mixture model (GMM) based system that employs interaural time differences (ITDs) and ILDs as localisation features. Our experiments show that the DNN is able to exploit information in the CCF that is not available in the ITD cue, which together with head movements substantially improves localisation accuracies under challenging acoustic scenarios in which multiple talkers and room reverberation are present

Interest rates, commodity price changes and Gibson's paradox

This paper argues that the positive relationship between the level of prices and interest rates noted by Gibson arises, in part, because measured prices indexes, which are comprised primarily of the prices of short-lived consumption goods, and nominal interest rates are both driven in the same direction by changes in the real rate of interest.Interest rates ; Prices

A machine-hearing system exploiting head movements for binaural sound localisation in reverberant conditions

This paper is concerned with machine localisation of multiple active speech sources in reverberant environments using two (binaural) microphones. Such conditions typically present a problem for `classical' binaural models. Inspired by the human ability to utilise head movements, the current study investigated the influence of different head movement strategies on binaural sound localisation. A machine-hearing system that exploits a multi-step head rotation strategy for sound localisation was found to produce the best performance in simulated reverberant acoustic space. This paper also reports the public release of a free binaural room impulse responses (BRIRs) database that allows the simulation of head rotation used in this study