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Record W4299682333 · doi:10.1111/1468-0319.12285

World Economic Prospects Monthly

2017· article· en· W4299682333 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 · 2017
Typearticle
Languageen
FieldSocial Sciences
TopicEconomic and Technological Developments in Russia
Canadian institutionsnot available
Fundersnot available
KeywordsEconomicsPaceQuarter (Canadian coin)Momentum (technical analysis)Index (typography)Point (geometry)World economyInterest rateReal gross domestic productMonetary economicsInternational economicsFinancial economicsGeography

Abstract

fetched live from OpenAlex

Overview: Diverging fortunes across the Atlantic ▀ We have revised up marginally our 2017 world GDP growth forecast to 2.8%, reflecting the boost from a relatively broad‐based strengthening in global trade. However, at a regional level the picture is quite mixed, with several upgrades in Europe but a more cautious outlook for the US in 2018. ▀ Global indicators continue to point to robust and stable activity in the world economy. The manufacturing PMI held steady in Q2, while the services index had the best quarter in over two years. ▀ We have lowered our forecast for oil prices to $45 in H2 2017 and $45.5 in 2018, in line with current spot prices. The change reflects not only increased output in the US but weak demand from OECD countries. This is being reflected in a lower forecast for consumer prices in several economies. ▀ The Eurozone is expanding at the fastest pace in a decade, leading to a dramatic shift in sentiment in the short term. This has led us to raise our 2017 GDP forecast again to an above‐consensus 2.2%. Despite the strong economic momentum, recent communications from the ECB have prompted us to revise our monetary policy call. We expect bond purchases to be reduced to €40bn a month from the start of 2018 and then reduced to €20bn a month in H2, with QE ending at end‐2018. ▀ Despite the stronger global environment, the US remains stuck at a 2% growth rate. Our short‐term forecast remains unchanged but we have downgraded our 2018 outlook on the back of sizable reduction in the envisaged fiscal stimulus package, from a previous $1.2 trillion to $500bn. In light of our lower growth and inflation forecasts, we now see the Fed raising rates only twice before the end of 2018. ▀ A renewed fall in oil prices and more hawkish signals from central banks in advanced economies may worsen the external backdrop for emerging markets (EM). Meanwhile higher global bond yields could dampen capital flows to EMs, although lower inflation from weaker oil prices will lead to attractively high real rates in many of them.

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)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesScience and technology studies, Insufficient payload (model declined to judge)
Consensus categoriesInsufficient payload (model declined to judge)
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.826
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0020.001
Scholarly communication0.0000.001
Open science0.0010.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0040.008

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 head0.027
GPT teacher head0.304
Teacher spread0.277 · 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