{"id":"W2171873700","doi":"10.2139/ssrn.1785376","title":"Savior or Sinner? Credit Default Swaps and the Market for Sovereign Debt","year":2011,"lang":"en","type":"article","venue":"SSRN Electronic Journal","topic":"Credit Risk and Financial Regulations","field":"Economics, Econometrics and Finance","cited_by":4,"is_retracted":false,"has_abstract":false,"ca_institutions":"University of Waterloo","funders":"","keywords":"Credit derivative; Financial system; Business; Credit default swap; iTraxx; Sovereign default; Sovereign debt; Default; Debt; Monetary economics; Sovereignty; Financial economics; Economics; Credit risk; Finance; Credit valuation adjustment; Credit history; Credit reference; Law; Political science","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.002020709,0.0002124084,0.0008685473,0.0006276073,0.000734736,0.004315862,0.0005665001,0.003388358,0.01039842],"category_scores_gemma":[0.01507755,0.0002247768,0.000349719,0.0008618704,0.002528808,0.006672464,0.0009934751,0.00295308,0.0007149606],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.0006151332,"about_ca_system_score_gemma":0.000492924,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.001339774,"about_ca_topic_score_gemma":0.001821555,"domain_scores_codex":[0.9996895,0.0001331191,0.00002177208,0.00005925415,0.00004179942,0.00005456614],"domain_scores_gemma":[0.9930207,0.003519911,0.002376384,0.0003508671,0.0002534043,0.0004786934],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"theoretical_or_conceptual","study_design_gemma":"observational","study_design_scores_codex":[0.0006570067,0.0001560994,0.0337678,0.0001418055,0.0001097759,0.0006311576,0.0008610677,0.005212638,0.001199671,0.8964809,0.02054319,0.04023895],"study_design_scores_gemma":[0.00008183854,0.00005307428,0.01402337,0.00005861993,0.00004874115,0.0001630513,0.0006225348,0.01331218,0.0002874811,0.9659505,0.005364567,0.00003391322],"study_design_candidate":"observational","study_design_consensus":null,"genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.8912909,0.009006441,0.008976048,0.05650705,0.0003577173,0.00001387936,0.0003616538,0.00009546208,0.03339085],"genre_scores_gemma":[0.9941009,0.001238097,0.0002069052,0.0004872553,0.0003109471,0.000004619615,0.00003876804,0.00001157361,0.003600954],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.01039842,"threshold_uncertainty_score":0.03478616,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.02841298854330239,"score_gpt":0.217715060185007,"score_spread":0.1893020716417046,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}