Learning various length dependence by dual recurrent neural networks

The Impact of the COVID-19 Pandemic on Stock Market Performance in G20 Countries: Evidence from Long Short-Term Memory with a Recurrent Neural Network Approach

In light of developing and industrialized nations, the G20 economies account for a whopping two-thirds of the world's population and are the largest economies globally. Public emergencies have occasionally arisen due to the rapid spread of COVID-19 globally, impacting many people's lives, especially in G20 countries. Thus, this study is written to investigate the impact of the COVID-19 pandemic on stock market performance in G20 countries. This study uses daily stock market data of G20 countries from January 1, 2019 to June 30, 2020. The stock market data were divided into G7 countries and non-G7 countries. The data were analyzed using Long Short-Term Memory with a Recurrent Neural Network (LSTM-RNN) approach. The result indicated a gap between the actual stock market index and a forecasted time series that would have happened without COVID-19. Owing to movement restrictions, this study found that stock markets in six countries, including Argentina, China, South Africa, Turkey, Saudi Arabia, and the United States, are affected negatively. Besides that, movement restrictions in the G7 countries, excluding the United States, and the non-G20 countries, excluding Argentina, China, South Africa, Turkey, and Saudi, significantly impact the stock market performance. Generally, LSTM prediction estimates relative terms, except for stock market performance in the United Kingdom, the Republic of Korea, South Africa, and Spain. The stock market performance in the United Kingdom and Spain countries has significantly reduced during and after the occurrence of COVID-19. It indicates that the COVID-19 pandemic considerably influenced the stock markets of 14 G20 countries, whereas less severely impacting 6 remaining countries. In conclusion, our empirical evidence showed that the pandemic had restricted effects on the stock market performance in G20 countries.

Variable Rate Independently Recurrent Neural Network (IndRNN) for Action Recognition

Recurrent neural networks (RNNs) have been widely used to solve sequence problems due to their capability of modeling temporal dependency. Despite the rich varieties of RNN models proposed in the literature, the problem of different sampling rates or performing speeds in sequence tasks has not been explicitly considered in the network and the corresponding training and testing processes. This paper addresses the problem of different sampling rates or performing speeds in the skeleton-based action recognition with RNNs. Specifically, the recently proposed independently recurrent neural network (IndRNN) is used as the RNN network due to its well-behaved and easily regulated gradient backpropagation through time. Samples are extracted with variable sampling rates and thus of different lengths, then processed by IndRNN with different time steps. In order to accommodate the differences in terms of gradients introduced by the backpropagation through time under variable time steps, a learning rate adjustment method is further proposed in the paper. Different learning rate adjustment factors are obtained for different layers by analyzing the gradient behavior under IndRNN. Experiments on skeleton-based action recognition are conducted to verify its effectiveness, and the results show that the proposed variable rate IndRNN network can significantly improve the performance over the RNN models under the conventional training strategies.