{"id":"W3125195351","doi":"10.3386/w15283","title":"House Prices, Home Equity-Based Borrowing, and the U.S. Household Leverage Crisis","year":2009,"lang":"en","type":"preprint","venue":"National Bureau of Economic Research","topic":"Housing Market and Economics","field":"Economics, Econometrics and Finance","cited_by":83,"is_retracted":false,"has_abstract":true,"ca_institutions":"University of British Columbia","funders":"Booth School of Business, University of Chicago; University of Chicago; National Science Foundation","keywords":"Leverage (statistics); Financial crisis; Equity (law); House price; Home equity; Business; Economics; Financial system; Monetary economics; Finance; Macroeconomics; 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":[0.0004442086,0.0002080625,0.0002853,0.0008761795,0.000237772,0.001076143,0.0002036552,0.0005391576,0.002684091],"category_scores_gemma":[0.002551238,0.0001527845,0.0002213558,0.001617732,0.0002938776,0.0007721411,0.0007068336,0.001020736,0.0004521204],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.0005545468,"about_ca_system_score_gemma":0.0002335681,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.02605918,"about_ca_topic_score_gemma":0.04762689,"domain_scores_codex":[0.9998281,0.00003736982,0.00002040224,0.00003401593,0.00003275045,0.00004731193],"domain_scores_gemma":[0.9969622,0.0005302104,0.001756761,0.0000782132,0.000245402,0.0004270345],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"observational","study_design_gemma":"observational","study_design_scores_codex":[0.00006368538,0.00005498663,0.9897115,0.00001151022,0.00003781191,0.00009113389,0.0001466495,0.0009700555,0.0000856055,0.0004868629,0.003469626,0.00487048],"study_design_scores_gemma":[0.000004687334,0.00002661796,0.9958959,0.0000146036,0.00001232798,0.00005592225,0.0003301089,0.002390674,0.00008405667,0.0004074517,0.0007718607,0.000005719888],"study_design_candidate":"observational","study_design_consensus":"observational","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9937108,0.0003819959,0.000175936,0.0007469537,0.00001050821,0.00000558075,0.002940959,0.00001830601,0.002008955],"genre_scores_gemma":[0.9972112,0.0002228282,0.00005215406,0.00006785093,0.00001555967,0.000004303313,0.002084679,0.000002544668,0.0003388667],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.02605918,"threshold_uncertainty_score":0.05181497,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.3141291097893582,"score_gpt":0.4196970973425054,"score_spread":0.1055679875531472,"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."}}