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This paper investigates the ability of Large Language Models (LLMs), specifically GPT-3.5-turbo (GPT), to form inflation perceptions and expectations based on macroeconomic price signals. We compare the LLM's output to household survey data…

Computation and Language · Computer Science 2025-12-17 Nikoleta Anesti , Edward Hill , Andreas Joseph

In this paper, we propose a novel framework that leverages large language models (LLMs) for predicting missing values in time-varying graph signals by exploiting spatial and temporal smoothness. We leverage the power of LLM to achieve a…

Artificial Intelligence · Computer Science 2024-10-25 Dayu Qin , Yi Yan , Ercan Engin Kuruoglu

Large language models are increasingly used in social sciences, but their training data can introduce lookahead bias and training leakage. A good chronologically consistent language model requires efficient use of training data to maintain…

General Finance · Quantitative Finance 2025-07-08 Songrun He , Linying Lv , Asaf Manela , Jimmy Wu

Large language models (LLMs) such as ChatGPT have received immense interest for their general-purpose language understanding and, in particular, their ability to generate high-quality text or computer code. For many professions, LLMs…

Computation and Language · Computer Science 2024-04-03 Simon Frieder , Julius Berner , Philipp Petersen , Thomas Lukasiewicz

Predicting financial markets and stock price movements requires analyzing a company's performance, historic price movements, industry-specific events alongside the influence of human factors such as social media and press coverage. We…

Information Retrieval · Computer Science 2024-11-05 Ali Elahi , Fatemeh Taghvaei

Existing change detection methods often lack the versatility to handle diverse real-world queries and the intelligence for comprehensive analysis. This paper presents a general agent framework, integrating Large Language Models (LLM) with…

Artificial Intelligence · Computer Science 2026-01-08 Zixuan Xiao , Jun Ma

Predicting future events is an important activity with applications across multiple fields and domains. For example, the capacity to foresee stock market trends, natural disasters, business developments, or political events can facilitate…

Computation and Language · Computer Science 2025-01-13 Petraq Nako , Adam Jatowt

In this study, we introduce a novel asset pricing model leveraging the Large Language Model (LLM) agents, which integrates qualitative discretionary investment evaluations from LLM agents with quantitative financial economic factors…

Artificial Intelligence · Computer Science 2025-03-31 Junyan Cheng , Peter Chin

Frozen large language model (LLM) checkpoints extract information from pre-cutoff public text that is associated with future fundamentals and equity returns beyond standard contemporaneous valuation measures. Because each frozen checkpoint…

General Finance · Quantitative Finance 2026-04-24 Sebastian Lehner , Alejandro Lopez-Lira

Large Language Models (LLMs), such as Generative Pre-trained Transformers (GPTs) are revolutionizing the generation of human-like text, producing contextually relevant and syntactically correct content. Despite challenges like biases and…

Computation and Language · Computer Science 2025-08-04 Alper Yaman , Jannik Schwab , Christof Nitsche , Abhirup Sinha , Marco Huber

Large Language Models (LLMs), typified by OpenAI's GPT, have marked a significant advancement in artificial intelligence. Trained on vast amounts of text data, LLMs are capable of understanding and generating human-like text across a…

Artificial Intelligence · Computer Science 2024-10-29 Haochen Zhang , Yuyang Dong , Chuan Xiao , Masafumi Oyamada

The startling success of ChatGPT and other large language models (LLMs) using transformer-based generative neural network architecture in applications such as natural language processing and image synthesis has many researchers excited…

Artificial Intelligence · Computer Science 2024-11-05 Venkat Venkatasubramanian , Arijit Chakraborty

Large language models (LLMs) achieve state-of-the-art accuracy on complex reasoning tasks by generating multiple chain-of-thought (CoT) traces, but using a fixed token budget per query leads to over-computation on easy inputs and…

Artificial Intelligence · Computer Science 2026-02-03 Katrina Brown , Aneesh Muppidi , Rana Shahout

Time series forecasting aims to model temporal dependencies among variables for future state inference, holding significant importance and widespread applications in real-world scenarios. Although deep learning-based methods have achieved…

Machine Learning · Computer Science 2026-05-21 Zesen Wang , Lijuan Lan , Yonggang Li

Large Language Models (LLMs), primarily trained on text-based datasets, exhibit exceptional proficiencies in understanding and executing complex linguistic instructions via text outputs. However, they falter when requests to generate…

Computer Vision and Pattern Recognition · Computer Science 2023-09-15 Xinyu Wang , Bohan Zhuang , Qi Wu

In 2022, with the release of ChatGPT, large-scale language models gained widespread attention. ChatGPT not only surpassed previous models in terms of parameters and the scale of its pretraining corpus but also achieved revolutionary…

Artificial Intelligence · Computer Science 2024-11-13 Yiming Ju , Huanhuan Ma

Financial sentiment analysis is crucial for understanding the influence of news on stock prices. Recently, large language models (LLMs) have been widely adopted for this purpose due to their advanced text analysis capabilities. However,…

Computation and Language · Computer Science 2025-06-24 Yixuan Liang , Yuncong Liu , Neng Wang , Hongyang Yang , Boyu Zhang , Christina Dan Wang

Interest in Large Language Models (LLMs) has increased drastically since the emergence of ChatGPT and the outstanding positive societal response to the ease with which it performs tasks in Natural Language Processing (NLP). The triumph of…

Computation and Language · Computer Science 2023-04-06 Oluwatosin Ogundare , Gustavo Quiros Araya

Time Series Forecasting (TSF) is critical in many real-world domains like financial planning and health monitoring. Recent studies have revealed that Large Language Models (LLMs), with their powerful in-contextual modeling capabilities,…

Machine Learning · Computer Science 2025-03-14 Jialiang Tang , Shuo Chen , Chen Gong , Jing Zhang , Dacheng Tao

Large Language Models (LLMs) have recently demonstrated significant potential in time series forecasting, offering impressive capabilities in handling complex temporal data. However, their robustness and reliability in real-world…

Machine Learning · Computer Science 2025-03-14 Fuqiang Liu , Sicong Jiang , Luis Miranda-Moreno , Seongjin Choi , Lijun Sun
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