{"record_type":"pith_number_record","schema_url":"https://pith.science/schemas/pith-number/v1.json","pith_number":"pith:2026:LCW2BVQVKCVLDKSE2DD66UYAN6","short_pith_number":"pith:LCW2BVQV","schema_version":"1.0","canonical_sha256":"58ada0d61550aab1aa44d0c7ef53006fbcb4a9ad9ba816aa942aa0051489774c","source":{"kind":"arxiv","id":"2606.30381","version":1},"attestation_state":"computed","paper":{"title":"Bank Earnings, Credit Supply & the Macroeconomy: Evidence from Canada","license":"http://creativecommons.org/publicdomain/zero/1.0/","headline":"","cross_cats":["q-fin.EC"],"primary_cat":"econ.GN","authors_text":"Sanaa Latif, Santiago Camara","submitted_at":"2026-06-29T14:39:33Z","abstract_excerpt":"This paper studies whether news about banks' balance sheets propagates to aggregate financial conditions and macroeconomic activity. We construct high-frequency Canadian bank net-worth shocks using stock-price reactions around earnings announcements of the six large Canadian banks. Guided by a model in which higher intermediary net worth expands credit supply and lowers borrowing spreads, we use the co-movement between bank equity prices and Canadian corporate spreads to purge raw bank equity surprises from contaminating information. Favorable purged credit-supply bank net-worth shocks lower c"},"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":"2606.30381","kind":"arxiv","version":1},"metadata":{"license":"http://creativecommons.org/publicdomain/zero/1.0/","primary_cat":"econ.GN","submitted_at":"2026-06-29T14:39:33Z","cross_cats_sorted":["q-fin.EC"],"title_canon_sha256":"1ff037b7e4a9ad26c9ca5c85bfec1b48d532d77b4dc1fd4b510d9dad3703a368","abstract_canon_sha256":"ed1b4286a3096afeff5e20e4afb770a852ab08af17b513c1f62f63f7a9ea1cda"},"schema_version":"1.0"},"receipt":{"kind":"pith_receipt","key_id":"pith-v1-2026-05","algorithm":"ed25519","signed_at":"2026-06-30T02:18:12.725053Z","signature_b64":"b+mRLI1TGmnF/IAOL//TBSFboLVkNTHv/Nqjwnqd2qBMp3iP1JNSDQctM+q1/R9RdC8f8jEklXtTxIOeo1pZAA==","signed_message":"canonical_sha256_bytes","builder_version":"pith-number-builder-2026-05-17-v1","receipt_version":"0.3","canonical_sha256":"58ada0d61550aab1aa44d0c7ef53006fbcb4a9ad9ba816aa942aa0051489774c","last_reissued_at":"2026-06-30T02:18:12.724354Z","signature_status":"signed_v1","first_computed_at":"2026-06-30T02:18:12.724354Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"graph_snapshot":{"paper":{"title":"Bank Earnings, Credit Supply & the Macroeconomy: Evidence from Canada","license":"http://creativecommons.org/publicdomain/zero/1.0/","headline":"","cross_cats":["q-fin.EC"],"primary_cat":"econ.GN","authors_text":"Sanaa Latif, Santiago Camara","submitted_at":"2026-06-29T14:39:33Z","abstract_excerpt":"This paper studies whether news about banks' balance sheets propagates to aggregate financial conditions and macroeconomic activity. We construct high-frequency Canadian bank net-worth shocks using stock-price reactions around earnings announcements of the six large Canadian banks. Guided by a model in which higher intermediary net worth expands credit supply and lowers borrowing spreads, we use the co-movement between bank equity prices and Canadian corporate spreads to purge raw bank equity surprises from contaminating information. Favorable purged credit-supply bank net-worth shocks lower c"},"claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"2606.30381","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":""},"integrity":{"clean":true,"summary":{"advisory":0,"critical":0,"by_detector":{},"informational":0},"endpoint":"/pith/2606.30381/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":"2606.30381","created_at":"2026-06-30T02:18:12.724446+00:00"},{"alias_kind":"arxiv_version","alias_value":"2606.30381v1","created_at":"2026-06-30T02:18:12.724446+00:00"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.2606.30381","created_at":"2026-06-30T02:18:12.724446+00:00"},{"alias_kind":"pith_short_12","alias_value":"LCW2BVQVKCVL","created_at":"2026-06-30T02:18:12.724446+00:00"},{"alias_kind":"pith_short_16","alias_value":"LCW2BVQVKCVLDKSE","created_at":"2026-06-30T02:18:12.724446+00:00"},{"alias_kind":"pith_short_8","alias_value":"LCW2BVQV","created_at":"2026-06-30T02:18:12.724446+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/LCW2BVQVKCVLDKSE2DD66UYAN6","json":"https://pith.science/pith/LCW2BVQVKCVLDKSE2DD66UYAN6.json","graph_json":"https://pith.science/api/pith-number/LCW2BVQVKCVLDKSE2DD66UYAN6/graph.json","events_json":"https://pith.science/api/pith-number/LCW2BVQVKCVLDKSE2DD66UYAN6/events.json","paper":"https://pith.science/paper/LCW2BVQV"},"agent_actions":{"view_html":"https://pith.science/pith/LCW2BVQVKCVLDKSE2DD66UYAN6","download_json":"https://pith.science/pith/LCW2BVQVKCVLDKSE2DD66UYAN6.json","view_paper":"https://pith.science/paper/LCW2BVQV","resolve_alias":"https://pith.science/api/pith-number/resolve?arxiv=2606.30381&json=true","fetch_graph":"https://pith.science/api/pith-number/LCW2BVQVKCVLDKSE2DD66UYAN6/graph.json","fetch_events":"https://pith.science/api/pith-number/LCW2BVQVKCVLDKSE2DD66UYAN6/events.json","actions":{"anchor_timestamp":"https://pith.science/pith/LCW2BVQVKCVLDKSE2DD66UYAN6/action/timestamp_anchor","attest_storage":"https://pith.science/pith/LCW2BVQVKCVLDKSE2DD66UYAN6/action/storage_attestation","attest_author":"https://pith.science/pith/LCW2BVQVKCVLDKSE2DD66UYAN6/action/author_attestation","sign_citation":"https://pith.science/pith/LCW2BVQVKCVLDKSE2DD66UYAN6/action/citation_signature","submit_replication":"https://pith.science/pith/LCW2BVQVKCVLDKSE2DD66UYAN6/action/replication_record"}},"created_at":"2026-06-30T02:18:12.724446+00:00","updated_at":"2026-06-30T02:18:12.724446+00:00"}