{"id":"W3181536302","doi":"10.3390/jrfm14070321","title":"Equity Premium with Habits, Wealth Inequality and Background Risk","year":2021,"lang":"en","type":"article","venue":"Journal of risk and financial management","topic":"Financial Markets and Investment Strategies","field":"Economics, Econometrics and Finance","cited_by":0,"is_retracted":false,"has_abstract":true,"ca_institutions":"","funders":"","keywords":"Economics; Equity premium puzzle; Inequality; Endowment; Equity (law); Equity risk; Risk premium; Economic inequality; Financial economics; Income inequality metrics; Monetary economics; Finance; Private equity","routes":{"ca_aff":false,"ca_fund":false,"ca_venue":true,"about_ca":false,"invisible_to_affiliation_only":true},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.0007465354,0.0003727011,0.000384571,0.0003611119,0.0002953728,0.001338764,0.0003281441,0.0009135585,0.00373752],"category_scores_gemma":[0.003766371,0.0001526005,0.0003818171,0.0003631427,0.0008075724,0.001507149,0.0009020757,0.001010336,0.0001541525],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.0005197481,"about_ca_system_score_gemma":0.0002314917,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.002522896,"about_ca_topic_score_gemma":0.002021189,"domain_scores_codex":[0.9998336,0.00005108598,0.000008557799,0.00003212729,0.00001743395,0.00005719585],"domain_scores_gemma":[0.9970815,0.001183256,0.001087713,0.0001845947,0.00009569926,0.0003672705],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"observational","study_design_gemma":"theoretical_or_conceptual","study_design_scores_codex":[0.0008860555,0.0009912369,0.5103588,0.000201424,0.0005197235,0.002687835,0.001184114,0.1095203,0.01304141,0.3261706,0.001576872,0.03286161],"study_design_scores_gemma":[0.0001643907,0.000578293,0.397094,0.00005923988,0.000325863,0.0005753033,0.0009837626,0.2782141,0.00240358,0.3178416,0.001654666,0.0001051864],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":null,"genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9891713,0.0001624988,0.006484851,0.0004012423,0.00000868736,0.00001119244,0.00007414105,0.00001130376,0.003674656],"genre_scores_gemma":[0.998455,0.00007727979,0.0003602768,0.00002699315,0.00001274463,0.000004494784,0.00002334601,0.000001570989,0.001038289],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.00373752,"threshold_uncertainty_score":0.01250321,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.02747723032150915,"score_gpt":0.2387638936259488,"score_spread":0.2112866633044396,"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."}}