{"id":"W4413135519","doi":"10.1287/mnsc.2023.02522","title":"Institutional Ownership and Tail Risk Comovement in Banks","year":2025,"lang":"en","type":"article","venue":"Management Science","topic":"Banking stability, regulation, efficiency","field":"Economics, Econometrics and Finance","cited_by":2,"is_retracted":false,"has_abstract":true,"ca_institutions":"University of Toronto","funders":"","keywords":"Business; Tail risk; Financial system; Monetary economics; Economics; Finance","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":[0.001105106,0.0001128778,0.0002119367,0.0008436185,0.0002836967,0.001254228,0.0002352423,0.0004163799,0.004420058],"category_scores_gemma":[0.01092388,0.0001077051,0.0002797255,0.001038928,0.0005694201,0.0007875162,0.000967507,0.0004450332,0.0003298696],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.0004749444,"about_ca_system_score_gemma":0.000363661,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.002722347,"about_ca_topic_score_gemma":0.002769522,"domain_scores_codex":[0.9992868,0.0001981989,0.00009364163,0.0001173287,0.0001465712,0.000157559],"domain_scores_gemma":[0.9707434,0.006799408,0.01784873,0.00118295,0.001118385,0.002307222],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"observational","study_design_gemma":"observational","study_design_scores_codex":[0.00006986819,0.00005365058,0.9927036,0.000006992274,0.00003065956,0.00007655895,0.0001823703,0.000418053,0.0002287283,0.000479147,0.0001787556,0.005571695],"study_design_scores_gemma":[0.000003714599,0.00003527989,0.996431,0.00001223456,0.0000219462,0.0001125402,0.0003249282,0.001353066,0.0001862942,0.001152355,0.0003608126,0.000005818304],"study_design_candidate":"observational","study_design_consensus":"observational","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9978291,0.0001987634,0.0003185728,0.0002019896,0.000003303383,0.000004566692,0.00009431734,0.000009229671,0.001340071],"genre_scores_gemma":[0.9995773,0.00004346786,0.00004292618,0.00001081506,0.000007815641,0.00000139218,0.00004556587,0.00000128549,0.0002693011],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.004420058,"threshold_uncertainty_score":0.0147866,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.01767501116545163,"score_gpt":0.2271467585885525,"score_spread":0.2094717474231009,"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."}}