539 research outputs found

    Does money matter in inflation forecasting?.

    Get PDF
    This paper provides the most fully comprehensive evidence to date on whether or not monetary aggregates are valuable for forecasting US inflation in the early to mid 2000s. We explore a wide range of different definitions of money, including different methods of aggregation and different collections of included monetary assets. In our forecasting experiment we use two non-linear techniques, namely, recurrent neural networks and kernel recursive least squares regression - techniques that are new to macroeconomics. Recurrent neural networks operate with potentially unbounded input memory, while the kernel regression technique is a finite memory predictor. The two methodologies compete to find the best fitting US inflation forecasting models and are then compared to forecasts from a naive random walk model. The best models were non-linear autoregressive models based on kernel methods. Our findings do not provide much support for the usefulness of monetary aggregates in forecasting inflation

    Sensitive gravity-gradiometry with atom interferometry: progress towards an improved determination of the gravitational constant

    Full text link
    We here present a high sensitivity gravity-gradiometer based on atom interferometry. In our apparatus, two clouds of laser-cooled rubidium atoms are launched in fountain configuration and interrogated by a Raman interferometry sequence to probe the gradient of gravity field. We recently implemented a high-flux atomic source and a newly designed Raman lasers system in the instrument set-up. We discuss the applications towards a precise determination of the Newtonian gravitational constant G. The long-term stability of the instrument and the signal-to-noise ratio demonstrated here open interesting perspectives for pushing the measurement precision below the 100 ppm level

    A multi-perspective analysis of social context and personal factors in office settings for the design of an effective mobile notification system

    Get PDF
    In this study, we investigate the effects of social context, personal and mobile phone usage on the inference of work engagement/challenge levels of knowledge workers and their responsiveness to well-being related notifications. Our results show that mobile application usage is associated to the responsiveness and work engagement/challenge levels of knowledge workers. We also developed multi-level (within- and between-subjects) models for the inference of attentional states and engagement/challenge levels with mobile application usage indicators as inputs, such as the number of applications used prior to notifications, the number of switches between applications, and application category usage. The results of our analysis show that the following features are effective for the inference of attentional states and engagement/challenge levels: the number of switches between mobile applications in the last 45 minutes and the duration of application usage in the last 5 minutes before users' response to ESM messages

    Machine Learning and Data Analysis in Astroinformatics

    Get PDF
    Astroinformatics is a new discipline at the cross-road of astronomy, advanced statistics and computer science. With next generation sky surveys, space missions and modern instrumentation astronomy will enter the Petascale regime raising the demand for advanced computer science techniques with hard- and software solutions for data management, analysis, efficient automation and knowledge discovery. This tutorial reviews important developments in astroinformatics over the past years and discusses some relevant research questions and concrete problems. The contribution ends with a short review of the special session papers in these proceedings, as well as perspectives and challenges for the near future

    Exploiting synthetically generated data with semi-supervised learning for small and imbalanced datasets

    Get PDF
    Data augmentation is rapidly gaining attention in machine learning. Synthetic data can be generated by simple transformations or through the data distribution. In the latter case, the main challenge is to estimate the label associated to new synthetic patterns. This paper studies the effect of generating synthetic data by convex combination of patterns and the use of these as unsupervised information in a semi-supervised learning framework with support vector machines, avoiding thus the need to label synthetic examples. We perform experiments on a total of 53 binary classification datasets. Our results show that this type of data over-sampling supports the well-known cluster assumption in semi-supervised learning, showing outstanding results for small high-dimensional datasets and imbalanced learning problems

    Evolution, recurrency and kernels in learning to model inflation

    Get PDF
    This paper provides the most fully comprehensive evidence to date on whether or not monetary aggregates are valuable for forecasting US inflation in the early to mid 2000s. We explore a wide range of different definitions of money, including different methods of aggregation and different collections of included monetary assets. We use non-linear, artificial intelligence techniques, namely, recurrent neural networks, evolution strategies and kernel methods in our forecasting experiment. In the experiment, these three methodologies compete to find the best fitting US inflation forecasting models and are then compared to forecasts from a naive random walk model. The best models were non-linear autoregressive models based on kernel methods. Our findings do not provide much support for the usefulness of monetary aggregates in forecasting inflation. There is evidence in the literature that evolutionary methods can be used to evolve kernels hence our future work should combine the evolutionary and kernel methods to get the benefits of both
    corecore