{"id":"W2530286304","doi":"10.2139/ssrn.2848944","title":"Why Do Investors Buy Sovereign Default Insurance?","year":2016,"lang":"en","type":"article","venue":"SSRN Electronic Journal","topic":"Banking stability, regulation, efficiency","field":"Economics, Econometrics and Finance","cited_by":8,"is_retracted":false,"has_abstract":false,"ca_institutions":"University of Alberta; HEC Montréal; McGill University","funders":"","keywords":"Business; Financial system; Default; Sovereignty; Sovereign default; Finance; Sovereign debt; Political science; Politics","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":[0.002173537,0.0001155127,0.0004103422,0.0004212041,0.0003795848,0.002676984,0.000309569,0.002052283,0.007041229],"category_scores_gemma":[0.02432797,0.0001647287,0.0001571949,0.0004688161,0.001452882,0.003008489,0.000484077,0.001503352,0.001063716],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.0006050723,"about_ca_system_score_gemma":0.0003916979,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.001362506,"about_ca_topic_score_gemma":0.001714352,"domain_scores_codex":[0.9994517,0.0001493874,0.00003528975,0.00008673428,0.0001313706,0.0001455398],"domain_scores_gemma":[0.9841765,0.007954157,0.005107924,0.0007897256,0.001192015,0.0007797193],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"observational","study_design_gemma":"observational","study_design_scores_codex":[0.001303144,0.0004431098,0.5480751,0.0003436525,0.00040355,0.0008976085,0.003127528,0.001524952,0.004030252,0.2071355,0.03928978,0.1934258],"study_design_scores_gemma":[0.0005323572,0.0003422558,0.5115172,0.000378405,0.0003370296,0.001592194,0.006845906,0.009595639,0.004983225,0.4102463,0.05352139,0.0001080868],"study_design_candidate":"observational","study_design_consensus":"observational","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.8982953,0.004029827,0.004874235,0.04489528,0.0002136041,0.00002553579,0.0003988026,0.0001174102,0.04714992],"genre_scores_gemma":[0.9965268,0.0005114885,0.0001947449,0.001164006,0.0001172516,0.000003275375,0.00004376869,0.000007393457,0.001431249],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.007041229,"threshold_uncertainty_score":0.02355522,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.01314621003751295,"score_gpt":0.2100879819669569,"score_spread":0.1969417719294439,"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."}}