ECBERT-base-mlm

This model is a fine-tuned version of Graimond/ECBERT-base-mlm on Gorodnichenko, Y., Pham, T., & Talavera, O. (2023). Data and Code for: The Voice of Monetary Policy (Version v1) [Dataset]. ICPSR - Interuniversity Consortium for Political and Social Research. https://doi.org/10.3886/E178302V1. The best model achieves the following results on the evaluation set:

  • Loss: 0.4129
  • Accuracy: 85.94%

The label_map is as follows: {"hawkish": 0, "neutral": 1, "dovish": 2}

Model description

More information needed

Intended uses & limitations

More information needed

Training and evaluation data

Gorodnichenko, Y., Pham, T., & Talavera, O. (2023). Data and Code for: The Voice of Monetary Policy (Version v1) [Dataset]. ICPSR - Interuniversity Consortium for Political and Social Research. https://doi.org/10.3886/E178302V1.

Training procedure

Training hyperparameters

The following hyperparameters were used during training:

  • learning_rate: 5e-5
  • weight_decay=0.01
  • per_device_train_batch_size=16
  • seed: 42
  • epochs: 20

Training results

Epoch Training Loss Validation Loss
1 No log 0.886533
2 No log 0.514593
3 No log 0.437099
4 0.683200 0.420006
5 0.683200 0.453126
6 0.683200 0.412876
7 0.262900 0.621511
8 0.262900 0.527209
9 0.262900 0.673689
10 0.191300 0.711371
11 0.191300 0.578193
12 0.191300 0.854842
13 0.141100 0.809792
14 0.141100 0.847027
15 0.141100 0.847365
16 0.085900 0.846864
17 0.085900 0.880487
18 0.085900 0.870781
19 0.085900 0.868764
20 0.076000 0.871563

Framework versions

  • Transformers 4.48.0.dev0
  • Pytorch 2.5.1+cu121
  • Datasets 3.2.0
  • Tokenizers 0.21.0
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