{"id":"W4311111407","doi":"10.1287/mnsc.2022.4529","title":"Incomplete Information, Debt Issuance, and the Term Structure of Credit Spreads","year":2022,"lang":"en","type":"article","venue":"Management Science","topic":"Credit Risk and Financial Regulations","field":"Economics, Econometrics and Finance","cited_by":5,"is_retracted":false,"has_abstract":true,"ca_institutions":"University of British Columbia","funders":"","keywords":"Restructuring; Debt; Debt restructuring; Default; Business; Bond market; Bond; Credit derivative; Credit risk; Monetary economics; Financial system; Economics; Financial economics; Finance; Sovereign debt","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":[0.001940886,0.0006404988,0.001108624,0.001204047,0.0005549139,0.002612327,0.001391308,0.002905247,0.007212304],"category_scores_gemma":[0.01760638,0.0008400221,0.0008934721,0.001531013,0.001885989,0.003982949,0.001259875,0.00316899,0.0006049203],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.002290551,"about_ca_system_score_gemma":0.002442735,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.01209269,"about_ca_topic_score_gemma":0.008783711,"domain_scores_codex":[0.9993255,0.0001683624,0.00004919543,0.0001632821,0.0001551623,0.0001385785],"domain_scores_gemma":[0.9909742,0.005235668,0.002644225,0.0004114144,0.0004201135,0.0003144285],"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":[0.00004783636,0.0000760418,0.005035232,0.00007914777,0.00003452329,0.0003829779,0.0001804186,0.2363395,0.0007818289,0.7426048,0.003618899,0.01081879],"study_design_scores_gemma":[0.0000383612,0.00003813832,0.00353765,0.00008583169,0.00005149359,0.0001236517,0.00006064783,0.361408,0.0005465191,0.6315195,0.002540394,0.00004984821],"study_design_candidate":"observational","study_design_consensus":null,"genre_codex":"methods","genre_gemma":"empirical","genre_scores_codex":[0.3571394,0.00332266,0.5444235,0.01417936,0.0001706233,0.0001511088,0.003767789,0.0002539333,0.0765916],"genre_scores_gemma":[0.9621071,0.002498564,0.01642336,0.0003112233,0.0001917861,0.00009455879,0.0006990955,0.00004793094,0.01762639],"genre_candidate":"empirical","genre_consensus":null,"teacher_disagreement_score":0.01209269,"threshold_uncertainty_score":0.0241276,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.008752644326142848,"score_gpt":0.1951190134469306,"score_spread":0.1863663691207877,"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."}}