A Connectionist Approach to Producing Rules Describing Monthly UK Divisia Data
Abstract
This paper demonstrates a mechanism whereby rules can be extracted from a feedforward neural network trained to characterize the money-price relationship, defined as the relationship between the rate of growth of the money supply and inflation. Monthly Divisia component data is encoded and used to train a group of candidate connectionist architectures. One candidate is selected for rule extraction, using a custom decompositional extraction algorithm that generates rules in human-readable and machine-executable form. Rule and network accuracy are compared, and comments are made on the relationships expressed within the discovered rules. The types of discovered relationships could be used to guide monetary policy decisions.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 01, 2008
- Accession Number
- ADA514706
Entities
People
- Jane M. Binner
- Vincent A. Schmidt
Organizations
- Aston University