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Record W2111560862

UNEMPLOYMENT, TARP, AND THE SUBPRIME MORTGAGE CRISIS

2012· article· en· W2111560862 on OpenAlexvenueno aff
Nicole Maliha

Bibliographic record

VenueLibrary and Archives Canada (Government of Canada) · 2012
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicTaxation and Compliance Studies
Canadian institutionsnot available
Fundersnot available
KeywordsUnemploymentSubprime mortgage crisisMortgage underwritingShared appreciation mortgageFinancial systemMortgage insuranceSecondary mortgage marketEconomicsBusinessFinancial crisisFinanceKeynesian economicsEconomic growth
DOInot available

Abstract

fetched live from OpenAlex

Following the fall of the Lehman Brothers in 2008, the U.S. saw the worst recession since the Great Depression in the 1920's. This dissertation presents a summary of two previous major U.S. recessions, the Great Depression and the Savings and Loans Crisis, and an analysis of the root causes and consequences of the 2007-2009 recession is also provided, namely the bursting of the housing bubble, loose monetary policy, lax financial regulation, and misperception of risk. The Troubled Asset Relief Program, a bailout program implemented following the Emergency Economic Stabilization Act in October 2008, is then discussed. Using county-level panel data, the effect of the implementation of TARP on unemployment patterns is then studied. The results show that TARP negatively affected unemployment patterns, so that TARP alleviated the sharp rise in unemployment after its inception

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.004
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.884
Threshold uncertainty score0.230

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.004
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.001
Science and technology studies0.0010.001
Scholarly communication0.0010.001
Open science0.0000.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0020.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.009
GPT teacher head0.148
Teacher spread0.138 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2012
Admission routes1
Has abstractyes

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Same venueLibrary and Archives Canada (Government of Canada)Same topicTaxation and Compliance StudiesFrench-language works237,207