MétaCan
Menu
Back to cohort
Record W4212770168 · doi:10.1111/1468-0319.12609

World Economic Prospects Monthly

2022· article· en· W4212770168 on OpenAlex

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.

aboutThe title or abstract carries a Canadian signal from the geographic lexicon.
no affNo Canadian affiliation: this work is invisible to an affiliation-only frame.
No Canadian affiliation. An affiliation-only frame, the usual design, would never have seen this work. It is one of the works that make the case for inverting the frame.

Bibliographic record

VenueEconomic Outlook · 2022
Typearticle
Languageen
FieldEnergy
TopicGlobal Energy and Sustainability Research
Canadian institutionsnot available
Fundersnot available
KeywordsEconomicsInflation (cosmology)PaceOil priceMonetary policyMonetary economicsGeography

Abstract

fetched live from OpenAlex

Overview: Higher inflation adds to growth pressures ▀ This month we have raised our global CPI inflation forecast sharply — we now expect inflation to average 5.2% in 2022, 0.7pp higher than a month ago and well above last year's 4.3%. The squeeze on households' real incomes from this and faster than previously expected monetary policy tightening has led us to lower our 2022 global GDP growth forecast by 0.2pp to 4.0%. ▀ The key driver of the upward revision to CPI inflation has been a shift in our oil price forecast. In addition to raising our near‐term forecast in response to the rise in the spot price, we now expect a more gradual fall back in the Brent oil price to $80pb by end 2022, about $13pb higher than we envisaged a month ago. ▀ Higher energy inflation and upward revisions to non‐energy inflation in some advanced economies mean that we now expect CPI inflation to fall more slowly and from a higher starting point than a month ago. ▀ This is likely to prompt a faster pace of monetary policy tightening in many economies. In the US, we now expect four 25bp rate hikes this year and we also pencil in more hikes by central banks in the UK, Canada and Australia as well as a number of EMs. Higher inflation and borrowing costs will squeeze households' spending power and are key to this year's GDP growth downgrades. ▀ On a brighter note, the recent fall in global Covid cases is good news and it supports our existing view that there will be a relatively quick rebound in activity after a weak start to 2022. At a global level, recent Covid developments are not grounds for any upgrade to the activity outlook. ▀ At 4.0%, world GDP growth in 2022 would be much weaker than we anticipated a few months ago, but it is still robust by post‐global financial crisis standards. In 2023, world growth is expected to slow further to a still‐solid 3.6%.

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 imitation

Not 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.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesInsufficient payload (model declined to judge)
Consensus categoriesInsufficient payload (model declined to judge)
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.914
Threshold uncertainty score0.998

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0010.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0200.002

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 head0.010
GPT teacher head0.238
Teacher spread0.229 · 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