Funding liquidity without banks: evidence from a shock to the cost of very short-term debt
Why this work is in the frame
A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.
Bibliographic record
Abstract
En 2011, Colombia incluy los desembolsos a terceros dentro de la base gravable a los movimientos financieros (o 4x1000), incrementando as los costos de los crditos de muy corto plazo con relacin a los de muy largo plazo. Las firmas respondieron con una disminucin en los crditos de corto plazo para solventar problemas de liquidez y con un aumento en el uso del efectivo y las cuentas por pagar. En industrias en donde las cuentas por pagar son ms comunes se encuentra una sustitucin por las mismas con poco efecto en el efectivo o inversin. Caso contrario a lo observado en industrias con menos uso de las cuentas por pagar. Es as como las cuentas por pagar ofrecen una fuente de liquidez sustituta frente a choques a la provisin de liquidez de los bancos.
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.
Full frame distilled prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.
Codex and Gemma teacher scores by category
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.001 | 0.001 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.001 | 0.000 |
| Bibliometrics | 0.000 | 0.001 |
| Science and technology studies | 0.000 | 0.000 |
| Scholarly communication | 0.000 | 0.001 |
| Open science | 0.001 | 0.001 |
| Research integrity | 0.000 | 0.000 |
| Insufficient payload (model declined to judge) | 0.001 | 0.001 |
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.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it