REPORTS BANK OF CANADA? FINANCIAL SYSTEM REVIEW? DECEMBER 2008 29 Credit, Asset Prices, and Financial Stress in Canada
Bibliographic record
Abstract
Despite the apparent uniqueness of each financial cycle— from the conditions that lead to boom times, to triggers that result in the reversals—historical narratives (e.g., Kindleberger and Aliber 2005) suggest that most cycles display common features: boom times are typically associated with periods of credit expansion and persistent increases in asset prices, often followed by rapid reversals. These commonalities, confirmed by recent empirical work (e.g., Borio and Lowe 2002; Kaminsky and Reinhart 1999), suggest that developments in the credit and asset markets of individual countries may provide an early-warning indicator of vulnerability in the financial system that would be useful in assessing the current situation and in discussions of possible policy actions. To arrive at a useful set of predictors for a par-ticular country, however, the information content of different
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 imitationNot 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.
Distilled classifier scores by category (both heads)
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.002 | 0.010 |
| Meta-epidemiology (narrow) | 0.001 | 0.001 |
| Meta-epidemiology (broad) | 0.001 | 0.001 |
| Bibliometrics | 0.010 | 0.020 |
| Science and technology studies | 0.003 | 0.001 |
| Scholarly communication | 0.006 | 0.001 |
| Open science | 0.001 | 0.001 |
| Research integrity | 0.002 | 0.002 |
| Insufficient payload (model declined to judge) | 0.041 | 0.005 |
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 itClassification
machine, unvalidatedMachine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.
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".