“The zero-resource cross-domain named entity recognition (NER) task aims to perform NER in aspecific domain where labeled data is unavailable. Existing methods primarily focus on transfer-ring NER knowledge from high-resource to zero-resource domains. However, the challenge liesin effectively transferring NER knowledge between domains due to the inherent differences inentity structures across domains. To tackle this challenge, we propose an Unsupervised DomainAdaptation Adversarial (UDAA) framework, which combines the masked language model auxil-iary task with the domain adaptive adversarial network to mitigate inter-domain differences andefficiently facilitate knowledge transfer. Experimental results on CBS, Twitter, and WNUT2016three datasets demonstrate the effectiveness of our framework. Notably, we achieved new state-of-the-art performance on the three datasets. Our code will be released.Introduction”

Predicting financial risk is an essential task in financial market. Prior research has shown that textual information in a firm’s financial statement can be used to predict its stock’s risk level. Nowadays, firm CEOs communicate information not only verbally through press releases and financial reports, but also nonverbally through investor meetings and earnings conference calls. There are anecdotal evidences that CEO’s vocal features, such as emotions and voice tones, can reveal the firm’s performance. However, how vocal features can be used to predict risk levels, and to what extent, is still unknown. To fill the gap, we obtain earnings call audio recordings and textual transcripts for S&P 500 companies in recent years. We propose a multimodal deep regression model (MDRM) that jointly model CEO’s verbal (from text) and vocal (from audio) information in a conference call. Empirical results show that our model that jointly considers verbal and vocal features achieves significant and substantial prediction error reduction. We also discuss several interesting findings and the implications to financial markets. The processed earnings conference calls data (text and audio) are released for readers who are interested in reproducing the results or designing trading strategy.