{"id":"W4388115473","doi":"10.1146/annurev-financial-110921-014557","title":"Default and Bankruptcy Resolution in China","year":2023,"lang":"en","type":"article","venue":"Annual Review of Financial Economics","topic":"Corporate Insolvency and Governance","field":"Business, Management and Accounting","cited_by":22,"is_retracted":false,"has_abstract":true,"ca_institutions":"Queen's University","funders":"","keywords":"Bankruptcy; Stylized fact; Restructuring; Default; China; Debt restructuring; Debt; Enforcement; Business; Financial system; Insolvency; Politics; Law and economics; Economics; Finance; Political science; Law; Macroeconomics; 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":"codex-gemma-dda1882f352a","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.0004441205,0.00008985952,0.000248649,0.00009453042,0.00003663083,0.00001661811,0.000111074,0.00003717612,0.00002264212],"category_scores_gemma":[0.0003512841,0.00009387611,0.00004956233,0.0003100343,0.00003986321,0.0006825241,0.00009523255,0.00007133961,0.0001102428],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.00001714475,"about_ca_system_score_gemma":0.00003896841,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.0005929944,"about_ca_topic_score_gemma":0.0008747355,"domain_scores_codex":[0.9992926,0.000004425218,0.0003469952,0.0001652946,0.00004121293,0.0001494498],"domain_scores_gemma":[0.9995449,0.00001647335,0.0002668032,0.0001200292,0.00004591585,0.000005889238],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"design_other","study_design_gemma":"not_applicable","study_design_scores_codex":[0.00006884254,0.00009543903,0.01989662,0.01288442,0.000008793651,0.00002353274,0.0003030515,0.0001710032,0.00001151295,0.4360082,0.0825087,0.4480199],"study_design_scores_gemma":[0.0001982856,0.00001018626,0.2984197,0.001839631,0.00001068766,6.730496e-7,0.0000172407,0.000843552,0.000002486825,0.009040926,0.6894683,0.000148421],"study_design_candidate":"not_applicable","study_design_consensus":null,"genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9649585,0.01715741,0.00001054657,0.003098555,0.000530939,0.0003561488,0.00004891438,0.00004499749,0.013794],"genre_scores_gemma":[0.8685329,0.1252497,0.00006088503,0.004887884,0.0008228353,0.00003224068,0.00006646528,0.00002305615,0.0003240446],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.6069596,"threshold_uncertainty_score":0.3828157,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.01090712947139927,"score_gpt":0.222352151119724,"score_spread":0.2114450216483247,"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."}}