A locally-built, LLM-digested index of recent arXiv papers in quant finance, geometry/topology, and statistical ML — keyword search served straight from SQLite on this machine.
Foundation models improve wage gap decomposition by capturing omitted career history factors.
In 2016, the majority of full-time employed women in the U.S. earned significantly less than comparable men. The extent to which women were affected by gender inequality in earnings, however, depended greatly on socio-economic characteristics, such as marital status or educational attainment. In this paper, we analyzed…
Unified framework for causal inference under sample selection.
Paper combines machine learning and model averaging for robust parameter estimation.
We consider the role of unobservables, such as differences in search frictions, reservation wages, and productivities for the explanation of wage differentials between migrants and natives. We disentangle these by estimating an empirical general equilibrium search model with on-the-job search due to Bontemps, Robin, an…
Audit fees change based on company and economic factors during auditor switching.
Study finds short-term wage increases due to COVID-19, contrary to expectations.
Study finds optimal retirement timing in uncertain wage scenarios.
Model uses Preisach hysteresis to predict gig worker acceptance, reducing costs and improving fill rates.
This paper presents a model of the dynamics of the wage income distribution.
The expression "wage transition" refers to the fact that over the past two or three decades in all developed economies wage increases have levelled off. There has been a widening divergence and decoupling between wages on the one hand and GDP per capita on the other hand. Yet, in China wages and GDP per capita climbed …
We introduce a new benchmark for coreference resolution and NLI, Knowref, that targets common-sense understanding and world knowledge. Previous coreference resolution tasks can largely be solved by exploiting the number and gender of the antecedents, or have been handcrafted and do not reflect the diversity of naturall…
New social and economic activities massively exploit big data and machine learning algorithms to do inference on people's lives. Applications include automatic curricula evaluation, wage determination, and risk assessment for credits and loans. Recently, many governments and institutions have raised concerns about the …
Recent work shows unequal performance of commercial face classification services in the gender classification task across intersectional groups defined by skin type and gender. Accuracy on dark-skinned females is significantly worse than on any other group. In this paper, we conduct several analyses to try to uncover t…
Study reveals bias in machine learning conference reviews.
This article aims to present an elementary analytical solution to the question of the formation of a structure of differentiation of rates of return in a classical gravitation model and in a model of the dynamics of price-wage spirals.
Non-parallel voice conversion (VC) is a technique for learning the mapping from source to target speech without relying on parallel data. This is an important task, but it has been challenging due to the disadvantages of the training conditions. Recently, CycleGAN-VC has provided a breakthrough and performed comparably…
Study finds gender bias in human evaluators and shows how machine learning can mitigate it.
The paper covers the new model of wage distribution in typical group of people. The model provides the opportunity to reparameterize applicable income distribution model: Pareto, logarithmically normal, logarithmically logistic, Dagum etc. The model ensures the graduation of Gini index values by polynomial degree of wa…
Two sets of high quality income data are analysed in detail, one set from the UK, one from the USA. It is firstly demonstrated that both a log-normal distribution and a Boltzmann distribution can give very accurate fits to both these data sets. The absence of a power tail in the US data set is then discussed. Taken in …
Individuals do not respond uniformly to treatments, events, or interventions. Sociologists routinely partition samples into subgroups to explore how the effects of treatments vary by covariates like race, gender, and socioeconomic status. In so doing, analysts determine the key subpopulations based on theoretical prior…
Extends Demographic Parity for fairer wage predictions with expert knowledge.
Word embedding models have become a fundamental component in a wide range of Natural Language Processing (NLP) applications. However, embeddings trained on human-generated corpora have been demonstrated to inherit strong gender stereotypes that reflect social constructs. To address this concern, in this paper, we propo…
Introduces a new quantile regression method for financial and wage data analysis.
Computer Vision and machine learning methods were previously used to reveal screen presence of genders in TV and movies. In this work, using head pose, gender detection, and skin color estimation techniques, we demonstrate that the gender disparity in TV in a South Asian country such as Bangladesh exhibits unique chara…
The high pay packages of U.S. CEOs have raised serious concerns about what would constitute a fair pay.
We review the production function and the hypothesis of equilibrium in the neoclassical framework. We notify that in a soup of sectors in economy, while capital and labor resemble extensive variables, wage and rate of return on capital act as intensive variables. As a result, Baumol and Bowen's statement of equal wages…
Deep learning improves gender classification from handwriting.
In this study, we proposed a convolutional neural network model for gender prediction using English Twitter text as input. Ensemble of proposed model achieved an accuracy at 0.8237 on gender prediction and compared favorably with the state-of-the-art performance in a recent author profiling task. We further leveraged t…
We discuss an optimal investment, consumption and insurance problem of a wage earner under inflation. Assume a wage earner investing in a real money account and three asset prices, namely: a real zero coupon bond, the inflation-linked real money account and a risky share described by jump-diffusion processes. Using the…
The paper analyzes optimal retirement strategies in a market with habit persistence and jump diffusion, finding discontinuous investment strategies.
Method selects valid IVs from a large set using clustering and test of overidentifying restrictions.
Study predicts gender from brain FC at multiple scales using deep learning and Bayesian methods.
Study quantifies gender bias in language models across 7 languages.
Study measures gender bias in machine translation using multiple reference points.
The blind application of machine learning runs the risk of amplifying biases present in data. Such a danger is facing us with word embedding, a popular framework to represent text data as vectors which has been used in many machine learning and natural language processing tasks. We show that even word embeddings traine…
New method neutralizes gender bias in word embeddings without losing semantic information.
We present a large-scale study of gender bias in occupation classification, a task where the use of machine learning may lead to negative outcomes on peoples' lives. We analyze the potential allocation harms that can result from semantic representation bias. To do so, we study the impact on occupation classification of…
In this paper, we study a stochastic optimal control problem with stochastic volatility. We prove the sufficient and necessary maximum principle for the proposed problem. Then we apply the results to solve an investment, consumption and life insurance problem with stochastic volatility, that is, we consider a wage earn…
Paper improves gender detection on social media using deep learning.
Machine learning improves risk assessment for gender-based violence victims.
Predicts user age and gender on Tumblr using rich content.
Develops NFCF to reduce gender bias in social media recommendation systems.
Machine learning algorithms are optimized to model statistical properties of the training data. If the input data reflects stereotypes and biases of the broader society, then the output of the learning algorithm also captures these stereotypes. In this paper, we initiate the study of gender stereotypes in {\em word emb…
Reduces gender bias in patient notes while maintaining medical classification accuracy.
Recent developments in Neural Relation Extraction (NRE) have made significant strides towards Automated Knowledge Base Construction (AKBC). While much attention has been dedicated towards improvements in accuracy, there have been no attempts in the literature to our knowledge to evaluate social biases in NRE systems. W…
Author profiling is the characterization of an author through some key attributes such as gender, age, and language. In this paper, a RNN model with Attention (RNNwA) is proposed to predict the gender of a twitter user using their tweets. Both word level and tweet level attentions are utilized to learn 'where to look'.…
Paper analyzes AI's impact on job tasks, predicting future demands.