{"record_type":"pith_number_record","schema_url":"https://pith.science/schemas/pith-number/v1.json","pith_number":"pith:2022:4C5SP2AHM2L6FJONHE7N7PKEWL","short_pith_number":"pith:4C5SP2AH","schema_version":"1.0","canonical_sha256":"e0bb27e8076697e2a5cd393edfbd44b2c79ff588e1289f016e5f0dc7db533113","source":{"kind":"arxiv","id":"2211.09176","version":3},"attestation_state":"computed","paper":{"title":"On the Convergence of Credit Risk in Current Consumer Automobile Loans","license":"http://creativecommons.org/licenses/by/4.0/","headline":"","cross_cats":["econ.GN","q-fin.EC","q-fin.GN"],"primary_cat":"q-fin.ST","authors_text":"Jackson P. Lautier, Jun Yan, Vladimir Pozdnyakov","submitted_at":"2022-11-16T19:48:40Z","abstract_excerpt":"Loan seasoning and inefficient consumer interest rate refinance behavior are well-known for mortgages. Consumer automobile loans, which are collateralized loans on a rapidly depreciating asset, have attracted less attention, however. We derive a novel large-sample statistical hypothesis test suitable for loans sampled from asset-backed securities to populate a transition matrix between risk bands. We find all current risk bands eventually converge to a super-prime credit, despite remaining underwater. Economically, our results imply borrowers forwent \\$1,153-\\$2,327 in potential credit-based s"},"verification_status":{"content_addressed":true,"pith_receipt":true,"author_attested":false,"weak_author_claims":0,"strong_author_claims":0,"externally_anchored":false,"storage_verified":false,"citation_signatures":0,"replication_records":0,"graph_snapshot":true,"references_resolved":false,"formal_links_present":false},"canonical_record":{"source":{"id":"2211.09176","kind":"arxiv","version":3},"metadata":{"license":"http://creativecommons.org/licenses/by/4.0/","primary_cat":"q-fin.ST","submitted_at":"2022-11-16T19:48:40Z","cross_cats_sorted":["econ.GN","q-fin.EC","q-fin.GN"],"title_canon_sha256":"dd507c58810e42f2f7470a9046bc74ab57e3c6bc2176f7da51726c5a1bd5a34e","abstract_canon_sha256":"c0d391b9c7945de69593245421ccacbd65153d6f84ca1cc95b40e6355a4007ff"},"schema_version":"1.0"},"receipt":{"kind":"pith_receipt","key_id":"pith-v1-2026-05","algorithm":"ed25519","signed_at":"2026-07-05T09:52:55.955195Z","signature_b64":"dhbgEcD32FgG/WAKGjuOnkyfHA6zzItwlwijkyYkHc8V3vteUO1HLUjPxyIpmnLpsQLvmIuGrWQv7lTpjl3hAw==","signed_message":"canonical_sha256_bytes","builder_version":"pith-number-builder-2026-05-17-v1","receipt_version":"0.3","canonical_sha256":"e0bb27e8076697e2a5cd393edfbd44b2c79ff588e1289f016e5f0dc7db533113","last_reissued_at":"2026-07-05T09:52:55.954741Z","signature_status":"signed_v1","first_computed_at":"2026-07-05T09:52:55.954741Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"graph_snapshot":{"paper":{"title":"On the Convergence of Credit Risk in Current Consumer Automobile Loans","license":"http://creativecommons.org/licenses/by/4.0/","headline":"","cross_cats":["econ.GN","q-fin.EC","q-fin.GN"],"primary_cat":"q-fin.ST","authors_text":"Jackson P. Lautier, Jun Yan, Vladimir Pozdnyakov","submitted_at":"2022-11-16T19:48:40Z","abstract_excerpt":"Loan seasoning and inefficient consumer interest rate refinance behavior are well-known for mortgages. Consumer automobile loans, which are collateralized loans on a rapidly depreciating asset, have attracted less attention, however. We derive a novel large-sample statistical hypothesis test suitable for loans sampled from asset-backed securities to populate a transition matrix between risk bands. We find all current risk bands eventually converge to a super-prime credit, despite remaining underwater. Economically, our results imply borrowers forwent \\$1,153-\\$2,327 in potential credit-based s"},"claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"2211.09176","kind":"arxiv","version":3},"verdict":{"id":null,"model_set":{},"created_at":null,"strongest_claim":"","one_line_summary":"","pipeline_version":null,"weakest_assumption":"","pith_extraction_headline":""},"integrity":{"clean":true,"summary":{"advisory":0,"critical":0,"by_detector":{},"informational":0},"endpoint":"/pith/2211.09176/integrity.json","findings":[],"available":true,"detectors_run":[],"snapshot_sha256":"c28c3603d3b5d939e8dc4c7e95fa8dfce3d595e45f758748cecf8e644a296938"},"references":{"count":0,"sample":[],"resolved_work":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","internal_anchors":0},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"author_claims":{"count":0,"strong_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"builder_version":"pith-number-builder-2026-05-17-v1"},"aliases":[{"alias_kind":"arxiv","alias_value":"2211.09176","created_at":"2026-07-05T09:52:55.954793+00:00"},{"alias_kind":"arxiv_version","alias_value":"2211.09176v3","created_at":"2026-07-05T09:52:55.954793+00:00"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.2211.09176","created_at":"2026-07-05T09:52:55.954793+00:00"},{"alias_kind":"pith_short_12","alias_value":"4C5SP2AHM2L6","created_at":"2026-07-05T09:52:55.954793+00:00"},{"alias_kind":"pith_short_16","alias_value":"4C5SP2AHM2L6FJON","created_at":"2026-07-05T09:52:55.954793+00:00"},{"alias_kind":"pith_short_8","alias_value":"4C5SP2AH","created_at":"2026-07-05T09:52:55.954793+00:00"}],"events":[],"event_summary":{},"paper_claims":[],"inbound_citations":{"count":0,"internal_anchor_count":0,"sample":[]},"formal_canon":{"evidence_count":0,"sample":[],"anchors":[]},"links":{"html":"https://pith.science/pith/4C5SP2AHM2L6FJONHE7N7PKEWL","json":"https://pith.science/pith/4C5SP2AHM2L6FJONHE7N7PKEWL.json","graph_json":"https://pith.science/api/pith-number/4C5SP2AHM2L6FJONHE7N7PKEWL/graph.json","events_json":"https://pith.science/api/pith-number/4C5SP2AHM2L6FJONHE7N7PKEWL/events.json","paper":"https://pith.science/paper/4C5SP2AH"},"agent_actions":{"view_html":"https://pith.science/pith/4C5SP2AHM2L6FJONHE7N7PKEWL","download_json":"https://pith.science/pith/4C5SP2AHM2L6FJONHE7N7PKEWL.json","view_paper":"https://pith.science/paper/4C5SP2AH","resolve_alias":"https://pith.science/api/pith-number/resolve?arxiv=2211.09176&json=true","fetch_graph":"https://pith.science/api/pith-number/4C5SP2AHM2L6FJONHE7N7PKEWL/graph.json","fetch_events":"https://pith.science/api/pith-number/4C5SP2AHM2L6FJONHE7N7PKEWL/events.json","actions":{"anchor_timestamp":"https://pith.science/pith/4C5SP2AHM2L6FJONHE7N7PKEWL/action/timestamp_anchor","attest_storage":"https://pith.science/pith/4C5SP2AHM2L6FJONHE7N7PKEWL/action/storage_attestation","attest_author":"https://pith.science/pith/4C5SP2AHM2L6FJONHE7N7PKEWL/action/author_attestation","sign_citation":"https://pith.science/pith/4C5SP2AHM2L6FJONHE7N7PKEWL/action/citation_signature","submit_replication":"https://pith.science/pith/4C5SP2AHM2L6FJONHE7N7PKEWL/action/replication_record"}},"created_at":"2026-07-05T09:52:55.954793+00:00","updated_at":"2026-07-05T09:52:55.954793+00:00"}