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Fisher, Irving

2010· other· en· W4251001846 on OpenAlexaff
Robert W. Dimand

Bibliographic record

VenueEncyclopedia of Quantitative Finance · 2010
Typeother
Languageen
FieldEconomics, Econometrics and Finance
TopicMonetary Policy and Economic Impact
Canadian institutionsBrock University
Fundersnot available
KeywordsFisher hypothesisEconomicsFisher equationNominal interest rateInterest rateInflation (cosmology)International Fisher effectPurchasing powerEconometricsConsumption (sociology)Price indexReal interest rateKeynesian economicsMathematical economicsMacroeconomics

Abstract

fetched live from OpenAlex

Abstract The American economist Irving Fisher (1867–1947) of Yale University introduced general equilibrium analysis into North American economics in his 1891 dissertation, and went on to become a leading monetary and capital theorist. The “Fisher equation” of his Appreciation and Interest (1896) viewed nominal interest as the sum of real interest and expected inflation (which he later modeled as a distributed lag of price changes). The “Fisher diagram” of The Rate of Interest (1907) showed optimal consumption and saving in a two‐period model, the basis of all subsequent analyses of intertemporal allocation. Fisher's The Purchasing Power of Money (1911) restated the quantity theory of money, with monetary shocks driving output fluctuations in the short run but affecting only nominal variables in the long run. His 1926 paper correlating unemployment and a distributed lag of inflation was reprinted in 1973 as “Lost and Found: I Discovered the Phillips Curve—Irving Fisher.” The “Fisher index”, the geometric mean of the Paasche and Laspeyres indexes, is now widely used as an index number. Emphasizing that inflation makes money and bonds risky, Fisher was an enthusiast for investment in common stocks in the 1920s. He shattered his public reputation with his October 1929 statement that stock prices had reached a permanently high plateau.

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)0.005
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: Not applicable
GenreCandidate signal: Other · Consensus signal: Other
Teacher disagreement score0.096
Threshold uncertainty score0.321

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.005
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0020.001
Science and technology studies0.0020.002
Scholarly communication0.0050.004
Open science0.0010.001
Research integrity0.0020.003
Insufficient payload (model declined to judge)0.0960.042

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 head0.058
GPT teacher head0.256
Teacher spread0.198 · 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 designNot applicable
Domainnot available
GenreOther

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
Published2010
Admission routes1
Has abstractyes

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