{"bundle_type":"pith_open_graph_bundle","bundle_version":"1.0","pith_number":"pith:2017:4JGJ7WKBJC3JI6AWDW522SGIHS","short_pith_number":"pith:4JGJ7WKB","canonical_record":{"source":{"id":"1709.05117","kind":"arxiv","version":2},"metadata":{"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.EC","submitted_at":"2017-09-15T09:07:09Z","cross_cats_sorted":["physics.soc-ph"],"title_canon_sha256":"722289833a281285c72739c88438f8660baf12f5f85a8be606b7639a6500f867","abstract_canon_sha256":"c9bc5fc03ad3f1387dd56c44f57b4a3fd40fbee89f4ba69180c918d38b62e5c7"},"schema_version":"1.0"},"canonical_sha256":"e24c9fd94148b69478161dbbad48c83c9edf5126beff73a5aeb378d81d5e679b","source":{"kind":"arxiv","id":"1709.05117","version":2},"source_aliases":[{"alias_kind":"arxiv","alias_value":"1709.05117","created_at":"2026-05-18T00:20:39Z"},{"alias_kind":"arxiv_version","alias_value":"1709.05117v2","created_at":"2026-05-18T00:20:39Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1709.05117","created_at":"2026-05-18T00:20:39Z"},{"alias_kind":"pith_short_12","alias_value":"4JGJ7WKBJC3J","created_at":"2026-05-18T12:31:00Z"},{"alias_kind":"pith_short_16","alias_value":"4JGJ7WKBJC3JI6AW","created_at":"2026-05-18T12:31:00Z"},{"alias_kind":"pith_short_8","alias_value":"4JGJ7WKB","created_at":"2026-05-18T12:31:00Z"}],"events":[{"event_type":"record_created","subject_pith_number":"pith:2017:4JGJ7WKBJC3JI6AWDW522SGIHS","target":"record","payload":{"canonical_record":{"source":{"id":"1709.05117","kind":"arxiv","version":2},"metadata":{"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.EC","submitted_at":"2017-09-15T09:07:09Z","cross_cats_sorted":["physics.soc-ph"],"title_canon_sha256":"722289833a281285c72739c88438f8660baf12f5f85a8be606b7639a6500f867","abstract_canon_sha256":"c9bc5fc03ad3f1387dd56c44f57b4a3fd40fbee89f4ba69180c918d38b62e5c7"},"schema_version":"1.0"},"canonical_sha256":"e24c9fd94148b69478161dbbad48c83c9edf5126beff73a5aeb378d81d5e679b","receipt":{"kind":"pith_receipt","key_id":"pith-v1-2026-05","algorithm":"ed25519","signed_at":"2026-05-18T00:20:39.020066Z","signature_b64":"g9AJEymM+RmkVwrMwyVB4nOsgjRv57G/yHCfZHI2zEReaoLu61MsCoDGl3i/IxpJ4zGwnDBvkw+qrzSl/f7zAQ==","signed_message":"canonical_sha256_bytes","builder_version":"pith-number-builder-2026-05-17-v1","receipt_version":"0.3","canonical_sha256":"e24c9fd94148b69478161dbbad48c83c9edf5126beff73a5aeb378d81d5e679b","last_reissued_at":"2026-05-18T00:20:39.019536Z","signature_status":"signed_v1","first_computed_at":"2026-05-18T00:20:39.019536Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"source_kind":"arxiv","source_id":"1709.05117","source_version":2,"attestation_state":"computed"},"signer":{"signer_id":"pith.science","signer_type":"pith_registry","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"created_at":"2026-05-18T00:20:39Z","supersedes":[],"prev_event":null,"signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"elGxodNWHchZtF0GFJGavH0wz9k0bcrYMQBErkwW9b2EnijarXW2GktqIU8ntBD6Nv4yPaogoL2DEKao8/4ECQ==","signed_message":"open_graph_event_sha256_bytes","signed_at":"2026-06-02T04:15:07.764019Z"},"content_sha256":"9ffc08b618318ed44434ea6e2d0c8604bcdaebf55923febffb9aef036766bb88","schema_version":"1.0","event_id":"sha256:9ffc08b618318ed44434ea6e2d0c8604bcdaebf55923febffb9aef036766bb88"},{"event_type":"graph_snapshot","subject_pith_number":"pith:2017:4JGJ7WKBJC3JI6AWDW522SGIHS","target":"graph","payload":{"graph_snapshot":{"paper":{"title":"Optimal Inflation Target: Insights from an Agent-Based Model","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","headline":"","cross_cats":["physics.soc-ph"],"primary_cat":"q-fin.EC","authors_text":"Francesco Zamponi, Jean-Philippe Bouchaud, Marco Tarzia, Stanislao Gualdi","submitted_at":"2017-09-15T09:07:09Z","abstract_excerpt":"Which level of inflation should Central Banks be targeting? We investigate this issue in the context of a simplified Agent Based Model of the economy. Depending on the value of the parameters that describe the behaviour of agents (in particular inflation anticipations), we find a rich variety of behaviour at the macro-level. Without any active monetary policy, our ABM economy can be in a high inflation/high output state, or in a low inflation/low output state. Hyper-inflation, deflation and \"business cycles\" between coexisting states are also found. We then introduce a Central Bank with a Tayl"},"claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1709.05117","kind":"arxiv","version":2},"verdict":{"id":null,"model_set":{},"created_at":null,"strongest_claim":"","one_line_summary":"","pipeline_version":null,"weakest_assumption":"","pith_extraction_headline":""},"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"},"verdict_id":null},"signer":{"signer_id":"pith.science","signer_type":"pith_registry","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"created_at":"2026-05-18T00:20:39Z","supersedes":[],"prev_event":null,"signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"MpLm4TqHEIx8VDVBIK0M8fWRHzmFuYgeXAYs2vm5+8srR6TE2DYdspnsHJL8QCWuZDxBWFFEXYZAKc3kdPG/DA==","signed_message":"open_graph_event_sha256_bytes","signed_at":"2026-06-02T04:15:07.764574Z"},"content_sha256":"2f38702e9312bae4f6a68ebfd6c3d81f5a402b28a8fdfc01ebca252f14d33301","schema_version":"1.0","event_id":"sha256:2f38702e9312bae4f6a68ebfd6c3d81f5a402b28a8fdfc01ebca252f14d33301"}],"timestamp_proofs":[],"mirror_hints":[{"mirror_type":"https","name":"Pith Resolver","base_url":"https://pith.science","bundle_url":"https://pith.science/pith/4JGJ7WKBJC3JI6AWDW522SGIHS/bundle.json","state_url":"https://pith.science/pith/4JGJ7WKBJC3JI6AWDW522SGIHS/state.json","well_known_bundle_url":"https://pith.science/.well-known/pith/4JGJ7WKBJC3JI6AWDW522SGIHS/bundle.json","status":"primary"}],"public_keys":[{"key_id":"pith-v1-2026-05","algorithm":"ed25519","format":"raw","public_key_b64":"stVStoiQhXFxp4s2pdzPNoqVNBMojDU/fJ2db5S3CbM=","public_key_hex":"b2d552b68890857171a78b36a5dccf368a953413288c353f7c9d9d6f94b709b3","fingerprint_sha256_b32_first128bits":"RVFV5Z2OI2J3ZUO7ERDEBCYNKS","fingerprint_sha256_hex":"8d4b5ee74e4693bcd1df2446408b0d54","rotates_at":null,"url":"https://pith.science/pith-signing-key.json","notes":"Pith uses this Ed25519 key to sign canonical record SHA-256 digests. Verify with: ed25519_verify(public_key, message=canonical_sha256_bytes, signature=base64decode(signature_b64))."}],"merge_version":"pith-open-graph-merge-v1","built_at":"2026-06-02T04:15:07Z","links":{"resolver":"https://pith.science/pith/4JGJ7WKBJC3JI6AWDW522SGIHS","bundle":"https://pith.science/pith/4JGJ7WKBJC3JI6AWDW522SGIHS/bundle.json","state":"https://pith.science/pith/4JGJ7WKBJC3JI6AWDW522SGIHS/state.json","well_known_bundle":"https://pith.science/.well-known/pith/4JGJ7WKBJC3JI6AWDW522SGIHS/bundle.json"},"state":{"state_type":"pith_open_graph_state","state_version":"1.0","pith_number":"pith:2017:4JGJ7WKBJC3JI6AWDW522SGIHS","merge_version":"pith-open-graph-merge-v1","event_count":2,"valid_event_count":2,"invalid_event_count":0,"equivocation_count":0,"current":{"canonical_record":{"metadata":{"abstract_canon_sha256":"c9bc5fc03ad3f1387dd56c44f57b4a3fd40fbee89f4ba69180c918d38b62e5c7","cross_cats_sorted":["physics.soc-ph"],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.EC","submitted_at":"2017-09-15T09:07:09Z","title_canon_sha256":"722289833a281285c72739c88438f8660baf12f5f85a8be606b7639a6500f867"},"schema_version":"1.0","source":{"id":"1709.05117","kind":"arxiv","version":2}},"source_aliases":[{"alias_kind":"arxiv","alias_value":"1709.05117","created_at":"2026-05-18T00:20:39Z"},{"alias_kind":"arxiv_version","alias_value":"1709.05117v2","created_at":"2026-05-18T00:20:39Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1709.05117","created_at":"2026-05-18T00:20:39Z"},{"alias_kind":"pith_short_12","alias_value":"4JGJ7WKBJC3J","created_at":"2026-05-18T12:31:00Z"},{"alias_kind":"pith_short_16","alias_value":"4JGJ7WKBJC3JI6AW","created_at":"2026-05-18T12:31:00Z"},{"alias_kind":"pith_short_8","alias_value":"4JGJ7WKB","created_at":"2026-05-18T12:31:00Z"}],"graph_snapshots":[{"event_id":"sha256:2f38702e9312bae4f6a68ebfd6c3d81f5a402b28a8fdfc01ebca252f14d33301","target":"graph","created_at":"2026-05-18T00:20:39Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"graph_snapshot":{"author_claims":{"count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","strong_count":0},"builder_version":"pith-number-builder-2026-05-17-v1","claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"paper":{"abstract_excerpt":"Which level of inflation should Central Banks be targeting? We investigate this issue in the context of a simplified Agent Based Model of the economy. Depending on the value of the parameters that describe the behaviour of agents (in particular inflation anticipations), we find a rich variety of behaviour at the macro-level. Without any active monetary policy, our ABM economy can be in a high inflation/high output state, or in a low inflation/low output state. Hyper-inflation, deflation and \"business cycles\" between coexisting states are also found. We then introduce a Central Bank with a Tayl","authors_text":"Francesco Zamponi, Jean-Philippe Bouchaud, Marco Tarzia, Stanislao Gualdi","cross_cats":["physics.soc-ph"],"headline":"","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.EC","submitted_at":"2017-09-15T09:07:09Z","title":"Optimal Inflation Target: Insights from an Agent-Based Model"},"references":{"count":0,"internal_anchors":0,"resolved_work":0,"sample":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1709.05117","kind":"arxiv","version":2},"verdict":{"created_at":null,"id":null,"model_set":{},"one_line_summary":"","pipeline_version":null,"pith_extraction_headline":"","strongest_claim":"","weakest_assumption":""}},"verdict_id":null}}],"author_attestations":[],"timestamp_anchors":[],"storage_attestations":[],"citation_signatures":[],"replication_records":[],"corrections":[],"mirror_hints":[],"record_created":{"event_id":"sha256:9ffc08b618318ed44434ea6e2d0c8604bcdaebf55923febffb9aef036766bb88","target":"record","created_at":"2026-05-18T00:20:39Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"attestation_state":"computed","canonical_record":{"metadata":{"abstract_canon_sha256":"c9bc5fc03ad3f1387dd56c44f57b4a3fd40fbee89f4ba69180c918d38b62e5c7","cross_cats_sorted":["physics.soc-ph"],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.EC","submitted_at":"2017-09-15T09:07:09Z","title_canon_sha256":"722289833a281285c72739c88438f8660baf12f5f85a8be606b7639a6500f867"},"schema_version":"1.0","source":{"id":"1709.05117","kind":"arxiv","version":2}},"canonical_sha256":"e24c9fd94148b69478161dbbad48c83c9edf5126beff73a5aeb378d81d5e679b","receipt":{"algorithm":"ed25519","builder_version":"pith-number-builder-2026-05-17-v1","canonical_sha256":"e24c9fd94148b69478161dbbad48c83c9edf5126beff73a5aeb378d81d5e679b","first_computed_at":"2026-05-18T00:20:39.019536Z","key_id":"pith-v1-2026-05","kind":"pith_receipt","last_reissued_at":"2026-05-18T00:20:39.019536Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","receipt_version":"0.3","signature_b64":"g9AJEymM+RmkVwrMwyVB4nOsgjRv57G/yHCfZHI2zEReaoLu61MsCoDGl3i/IxpJ4zGwnDBvkw+qrzSl/f7zAQ==","signature_status":"signed_v1","signed_at":"2026-05-18T00:20:39.020066Z","signed_message":"canonical_sha256_bytes"},"source_id":"1709.05117","source_kind":"arxiv","source_version":2}}},"equivocations":[],"invalid_events":[],"applied_event_ids":["sha256:9ffc08b618318ed44434ea6e2d0c8604bcdaebf55923febffb9aef036766bb88","sha256:2f38702e9312bae4f6a68ebfd6c3d81f5a402b28a8fdfc01ebca252f14d33301"],"state_sha256":"dbf39aa87401d132ed79d26f1a526badd3ddeac6e32d8de319ad19da2fca907d"},"bundle_signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"pF7EXx4gzIDSjlJUu95ha+yn3pX5T50s4Wi+03zCN84h1nrUGlc7dw7t7votIGCphluoemcxz/M3bqcNQMHCBw==","signed_message":"bundle_sha256_bytes","signed_at":"2026-06-02T04:15:07.767235Z","bundle_sha256":"d7e98936c27b9f177b4c0393fed4bac01966233eedc14944bc5ca1f26498388c"}}