{"record_type":"pith_number_record","schema_url":"https://pith.science/schemas/pith-number/v1.json","pith_number":"pith:2015:4KYIKTFKMGGTWQTJ5KM3D5MUCX","short_pith_number":"pith:4KYIKTFK","schema_version":"1.0","canonical_sha256":"e2b0854caa618d3b4269ea99b1f59415f548b20b7ee98eb50fc262d1ed7adea3","source":{"kind":"arxiv","id":"1507.04136","version":1},"attestation_state":"computed","paper":{"title":"Taming the Basel Leverage Cycle","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","headline":"","cross_cats":["q-fin.GN","q-fin.RM"],"primary_cat":"q-fin.EC","authors_text":"Christoph Aymanns, Fabio Caccioli, J. Doyne Farmer, Vincent W.C. Tan","submitted_at":"2015-07-15T09:14:10Z","abstract_excerpt":"Effective risk control must make a tradeoff between the microprudential risk of exogenous shocks to individual institutions and the macroprudential risks caused by their systemic interactions. We investigate a simple dynamical model for understanding this tradeoff, consisting of a bank with a leverage target and an unleveraged fundamental investor subject to exogenous noise with clustered volatility. The parameter space has three regions: (i) a stable region, where the system always reaches a fixed point equilibrium; (ii) a locally unstable region, characterized by cycles and chaotic behavior;"},"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":"1507.04136","kind":"arxiv","version":1},"metadata":{"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.EC","submitted_at":"2015-07-15T09:14:10Z","cross_cats_sorted":["q-fin.GN","q-fin.RM"],"title_canon_sha256":"5249aeaf17402ba7922e662afa75f4aa43eaed4aceb2640d1e3142d931931f59","abstract_canon_sha256":"4266c8dc5233968d2191a8a7248daf59cc4c2623dd84fd08e2828ba0d2ad19aa"},"schema_version":"1.0"},"receipt":{"kind":"pith_receipt","key_id":"pith-v1-2026-05","algorithm":"ed25519","signed_at":"2026-05-18T01:36:49.028054Z","signature_b64":"8mdnxFCJZTdvuWPFn7BZwQdjwf3+dmYiyvYm5qTn3O/+f391SnedOw6O3Yy31sLWDle38Fga3jos39xXALUABQ==","signed_message":"canonical_sha256_bytes","builder_version":"pith-number-builder-2026-05-17-v1","receipt_version":"0.3","canonical_sha256":"e2b0854caa618d3b4269ea99b1f59415f548b20b7ee98eb50fc262d1ed7adea3","last_reissued_at":"2026-05-18T01:36:49.027492Z","signature_status":"signed_v1","first_computed_at":"2026-05-18T01:36:49.027492Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"graph_snapshot":{"paper":{"title":"Taming the Basel Leverage Cycle","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","headline":"","cross_cats":["q-fin.GN","q-fin.RM"],"primary_cat":"q-fin.EC","authors_text":"Christoph Aymanns, Fabio Caccioli, J. Doyne Farmer, Vincent W.C. Tan","submitted_at":"2015-07-15T09:14:10Z","abstract_excerpt":"Effective risk control must make a tradeoff between the microprudential risk of exogenous shocks to individual institutions and the macroprudential risks caused by their systemic interactions. We investigate a simple dynamical model for understanding this tradeoff, consisting of a bank with a leverage target and an unleveraged fundamental investor subject to exogenous noise with clustered volatility. The parameter space has three regions: (i) a stable region, where the system always reaches a fixed point equilibrium; (ii) a locally unstable region, characterized by cycles and chaotic behavior;"},"claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1507.04136","kind":"arxiv","version":1},"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"},"aliases":[{"alias_kind":"arxiv","alias_value":"1507.04136","created_at":"2026-05-18T01:36:49.027583+00:00"},{"alias_kind":"arxiv_version","alias_value":"1507.04136v1","created_at":"2026-05-18T01:36:49.027583+00:00"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1507.04136","created_at":"2026-05-18T01:36:49.027583+00:00"},{"alias_kind":"pith_short_12","alias_value":"4KYIKTFKMGGT","created_at":"2026-05-18T12:29:05.191682+00:00"},{"alias_kind":"pith_short_16","alias_value":"4KYIKTFKMGGTWQTJ","created_at":"2026-05-18T12:29:05.191682+00:00"},{"alias_kind":"pith_short_8","alias_value":"4KYIKTFK","created_at":"2026-05-18T12:29:05.191682+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/4KYIKTFKMGGTWQTJ5KM3D5MUCX","json":"https://pith.science/pith/4KYIKTFKMGGTWQTJ5KM3D5MUCX.json","graph_json":"https://pith.science/api/pith-number/4KYIKTFKMGGTWQTJ5KM3D5MUCX/graph.json","events_json":"https://pith.science/api/pith-number/4KYIKTFKMGGTWQTJ5KM3D5MUCX/events.json","paper":"https://pith.science/paper/4KYIKTFK"},"agent_actions":{"view_html":"https://pith.science/pith/4KYIKTFKMGGTWQTJ5KM3D5MUCX","download_json":"https://pith.science/pith/4KYIKTFKMGGTWQTJ5KM3D5MUCX.json","view_paper":"https://pith.science/paper/4KYIKTFK","resolve_alias":"https://pith.science/api/pith-number/resolve?arxiv=1507.04136&json=true","fetch_graph":"https://pith.science/api/pith-number/4KYIKTFKMGGTWQTJ5KM3D5MUCX/graph.json","fetch_events":"https://pith.science/api/pith-number/4KYIKTFKMGGTWQTJ5KM3D5MUCX/events.json","actions":{"anchor_timestamp":"https://pith.science/pith/4KYIKTFKMGGTWQTJ5KM3D5MUCX/action/timestamp_anchor","attest_storage":"https://pith.science/pith/4KYIKTFKMGGTWQTJ5KM3D5MUCX/action/storage_attestation","attest_author":"https://pith.science/pith/4KYIKTFKMGGTWQTJ5KM3D5MUCX/action/author_attestation","sign_citation":"https://pith.science/pith/4KYIKTFKMGGTWQTJ5KM3D5MUCX/action/citation_signature","submit_replication":"https://pith.science/pith/4KYIKTFKMGGTWQTJ5KM3D5MUCX/action/replication_record"}},"created_at":"2026-05-18T01:36:49.027583+00:00","updated_at":"2026-05-18T01:36:49.027583+00:00"}