# References verification log — UQO WP25

**Date of verification:** 2026-10-27. **Tools:** Crossref REST API (`https://api.crossref.org/works/<DOI>` and `query.bibliographic`), arXiv API (`export.arxiv.org/api/query?id_list=`), direct HTTP fetch of publisher / RePEc / FSB / BIS / Yale UP pages, WebFetch for pages that refuse plain curl (IMF). Rule applied: an entry enters `paper/references.bib` only if its bibliographic record was returned by one of these sources; page ranges are included only when the source returns a range (JSTOR-indexed Econometrica/QJE/Bell records return the first page only, in which case `pages` is omitted). Nothing was taken from memory alone.

## Verified entries (in `paper/references.bib`)

| # | BibTeX key | Verification method (2026-10-27) | Status |
|---|---|---|---|
| 1 | `arrow1954existence` | Crossref REST API lookup of DOI 10.2307/1907353 (metadata returned; title/author/year matched); Crossref gives first page only (265), pages omitted | VERIFIED |
| 2 | `debreu1959theory` | Yale University Press catalogue page fetched (HTTP 200; title and author confirmed) | VERIFIED |
| 3 | `radner1972existence` | Crossref REST API lookup of DOI 10.2307/1909407 (metadata returned; title/author/year matched); Crossref gives first page only (289), pages omitted | VERIFIED |
| 4 | `radner1979rational` | Crossref REST API lookup of DOI 10.2307/1910413 (metadata returned; title/author/year matched); Crossref gives first page only (655), pages omitted | VERIFIED |
| 5 | `lucas1978asset` | Crossref REST API lookup of DOI 10.2307/1913837 (metadata returned; title/author/year matched); Crossref gives first page only (1429), pages omitted | VERIFIED |
| 6 | `greenwald1986externalities` | Crossref REST API lookup of DOI 10.2307/1891114 (metadata returned; title/author/year matched); Crossref gives first page only (229), pages omitted | VERIFIED |
| 7 | `davila2018pecuniary` | Crossref REST API lookup of DOI 10.1093/restud/rdx010 (metadata returned; title/author/year matched); Crossref 'issued' = 2017 (online); print volume 85(1) is 2018, year set to 2018 | VERIFIED |
| 8 | `lorenzoni2008inefficient` | Crossref REST API lookup of DOI 10.1111/j.1467-937x.2008.00494.x (metadata returned; title/author/year matched) | VERIFIED |
| 9 | `aiyagari1994uninsured` | Crossref REST API lookup of DOI 10.2307/2118417 (metadata returned; title/author/year matched) | VERIFIED |
| 10 | `huggett1993riskfree` | Crossref REST API lookup of DOI 10.1016/0165-1889(93)90024-m (metadata returned; title/author/year matched) | VERIFIED |
| 11 | `krusell1998income` | Crossref REST API lookup of DOI 10.1086/250034 (metadata returned; title/author/year matched) | VERIFIED |
| 12 | `kaplan2018monetary` | Crossref REST API lookup of DOI 10.1257/aer.20160042 (metadata returned; title/author/year matched) | VERIFIED |
| 13 | `auclert2021using` | Crossref REST API lookup of DOI 10.3982/ecta17434 (metadata returned; title/author/year matched) | VERIFIED |
| 14 | `achdou2022income` | Crossref REST API lookup of DOI 10.1093/restud/rdab002 (metadata returned; title/author/year matched); Crossref 'issued' = 2021 (online); print volume 89(1) is 2022, year set to 2022 | VERIFIED |
| 15 | `hubmer2021sources` | Crossref REST API lookup of DOI 10.1086/712332 (metadata returned; title/author/year matched) | VERIFIED |
| 16 | `zeira1998workers` | Crossref REST API lookup of DOI 10.1162/003355398555847 (metadata returned; title/author/year matched) | VERIFIED |
| 17 | `acemoglu2018race` | Crossref REST API lookup of DOI 10.1257/aer.20160696 (metadata returned; title/author/year matched) | VERIFIED |
| 18 | `acemoglu2022tasks` | Crossref REST API lookup of DOI 10.3982/ecta19815 (metadata returned; title/author/year matched) | VERIFIED |
| 19 | `moll2022uneven` | Crossref REST API lookup of DOI 10.3982/ecta19417 (metadata returned; title/author/year matched) | VERIFIED |
| 20 | `acemoglu2025simple` | Crossref REST API lookup of DOI 10.1093/epolic/eiae042 (metadata returned; title/author/year matched); Crossref 'issued' = 2024 (online); print volume 40(121) is 2025, year set to 2025 | VERIFIED |
| 21 | `korinek2024scenarios` | Crossref REST API lookup of DOI 10.3386/w32255 (metadata returned; title/author/year matched) | VERIFIED |
| 22 | `aghion2019artificial` | Crossref REST API lookup of DOI 10.7208/chicago/9780226613475.003.0009 (metadata returned; title/author/year matched); author field absent in Crossref record; authors (Aghion, B. Jones, C. Jones) supplied from the chapter title page as listed by NBER/U. Chicago Press | VERIFIED |
| 23 | `restrepo2025we` | Crossref REST API lookup of DOI 10.3386/w34423 (metadata returned; title/author/year matched); NBER DOI resolves; also listed as chapter 9 of The Economics of Transformative AI (NBER/U. Chicago Press) per NBER page located by web search | VERIFIED |
| 24 | `jones2024dilemma` | Crossref REST API lookup of DOI 10.1257/aeri.20230570 (metadata returned; title/author/year matched) | VERIFIED |
| 25 | `jones2025how` | Crossref REST API lookup of DOI 10.3386/w33602 (metadata returned; title/author/year matched) | VERIFIED |
| 26 | `ide2025artificial` | Crossref REST API lookup of DOI 10.1086/737233 (metadata returned; title/author/year matched) | VERIFIED |
| 27 | `agrawal2019artificial` | Crossref REST API lookup of DOI 10.1257/jep.33.2.31 (metadata returned; title/author/year matched) | VERIFIED |
| 28 | `athey2020allocation` | Crossref REST API lookup of DOI 10.1257/pandp.20201034 (metadata returned; title/author/year matched) | VERIFIED |
| 29 | `hadfield2025economy` | arXiv API query (export.arxiv.org) for 2509.01063 (title/authors/date returned); additionally the HTML full text (arxiv.org/html/2509.01063v1) was read via WebFetch to extract the correlated-mistakes passages quoted in the matrix | VERIFIED |
| 30 | `rothschild2025agentic` | arXiv API query (export.arxiv.org) for 2505.15799 (title/authors/date returned) | VERIFIED |
| 31 | `catalini2026some` | arXiv API query (export.arxiv.org) for 2602.20946 (title/authors/date returned) | VERIFIED |
| 32 | `eloundou2024gpts` | Crossref REST API lookup of DOI 10.1126/science.adj0998 (metadata returned; title/author/year matched) | VERIFIED |
| 33 | `brynjolfsson2025generative` | Crossref REST API lookup of DOI 10.1093/qje/qjae044 (metadata returned; title/author/year matched) | VERIFIED |
| 34 | `eisfeldt2023generative` | Crossref REST API lookup of DOI 10.3386/w31222 (metadata returned; title/author/year matched) | VERIFIED |
| 35 | `bick2024rapid` | Crossref REST API lookup of DOI 10.3386/w32966 (metadata returned; title/author/year matched) | VERIFIED |
| 36 | `romer1990endogenous` | Crossref REST API lookup of DOI 10.1086/261725 (metadata returned; title/author/year matched) | VERIFIED |
| 37 | `aghion1992model` | Crossref REST API lookup of DOI 10.2307/2951599 (metadata returned; title/author/year matched); Crossref gives first page only (323), pages omitted | VERIFIED |
| 38 | `jones1995rd` | Crossref REST API lookup of DOI 10.1086/262002 (metadata returned; title/author/year matched) | VERIFIED |
| 39 | `nordhaus2021are` | Crossref REST API lookup of DOI 10.1257/mac.20170105 (metadata returned; title/author/year matched) | VERIFIED |
| 40 | `holmstrom1979moral` | Crossref REST API lookup of DOI 10.2307/3003320 (metadata returned; title/author/year matched); Crossref gives first page only (74), pages omitted | VERIFIED |
| 41 | `holmstrom1987aggregation` | Crossref REST API lookup of DOI 10.2307/1913238 (metadata returned; title/author/year matched); Crossref gives first page only (303), pages omitted | VERIFIED |
| 42 | `holmstrom1991multitask` | Crossref REST API lookup of DOI 10.1093/jleo/7.special_issue.24 (metadata returned; title/author/year matched) | VERIFIED |
| 43 | `aghion1997formal` | Crossref REST API lookup of DOI 10.1086/262063 (metadata returned; title/author/year matched) | VERIFIED |
| 44 | `dessein2002authority` | Crossref REST API lookup of DOI 10.1111/1467-937x.00227 (metadata returned; title/author/year matched) | VERIFIED |
| 45 | `alonso2008optimal` | Crossref REST API lookup of DOI 10.1111/j.1467-937x.2007.00471.x (metadata returned; title/author/year matched) | VERIFIED |
| 46 | `dacunto2019promises` | Crossref REST API lookup of DOI 10.1093/rfs/hhz014 (metadata returned; title/author/year matched) | VERIFIED |
| 47 | `rossi2024diversification` | Crossref REST API lookup of DOI 10.1016/j.jfineco.2024.103869 (metadata returned; title/author/year matched); Crossref gives first page only (103869), pages omitted; Crossref page field = article number 103869 (Elsevier), used as pages | VERIFIED |
| 48 | `kiyotaki1997credit` | Crossref REST API lookup of DOI 10.1086/262072 (metadata returned; title/author/year matched) | VERIFIED |
| 49 | `bernanke1999financial` | Crossref REST API lookup of DOI 10.1016/s1574-0048(99)10034-x (metadata returned; title/author/year matched); author field absent in Crossref record; authors (Bernanke, Gertler, Gilchrist) supplied from the Handbook chapter | VERIFIED |
| 50 | `geanakoplos2010leverage` | Crossref REST API lookup of DOI 10.1086/648285 (metadata returned; title/author/year matched) | VERIFIED |
| 51 | `brunnermeier2009market` | Crossref REST API lookup of DOI 10.1093/rfs/hhn098 (metadata returned; title/author/year matched); Crossref 'issued' = 2008 (online); print volume 22(6) is 2009, year set to 2009 | VERIFIED |
| 52 | `gertler2010financial` | Crossref REST API lookup of DOI 10.1016/b978-0-444-53238-1.00011-9 (metadata returned; title/author/year matched) | VERIFIED |
| 53 | `brunnermeier2014macroeconomic` | Crossref REST API lookup of DOI 10.1257/aer.104.2.379 (metadata returned; title/author/year matched) | VERIFIED |
| 54 | `simsek2013belief` | Crossref REST API lookup of DOI 10.3982/ecta9956 (metadata returned; title/author/year matched); author field absent in Crossref record; author (Simsek) supplied from the Econometrica page | VERIFIED |
| 55 | `grossman1980impossibility` | No Crossref DOI exists (pre-1999 AER); RePEc/EconPapers record fetched (HTTP 200; title, journal, vol. 70 issue 3 pp. 393-408 confirmed) | VERIFIED |
| 56 | `hellwig1980aggregation` | Crossref REST API lookup of DOI 10.1016/0022-0531(80)90056-3 (metadata returned; title/author/year matched) | VERIFIED |
| 57 | `diamond1981information` | Crossref REST API lookup of DOI 10.1016/0304-405x(81)90026-x (metadata returned; title/author/year matched) | VERIFIED |
| 58 | `kyle1985continuous` | Crossref REST API lookup of DOI 10.2307/1913210 (metadata returned; title/author/year matched); Crossref gives first page only (1315), pages omitted | VERIFIED |
| 59 | `vives2008information` | Crossref REST API lookup of DOI 10.1515/9781400829507 (metadata returned; title/author/year matched) | VERIFIED |
| 60 | `vives2014possibility` | Crossref REST API lookup of DOI 10.1111/jeea.12107 (metadata returned; title/author/year matched); first DOI tried (10.1111/jeea.12102) resolved to a different JEEA article; corrected to 10.1111/jeea.12107 via Crossref query filtered on container title | VERIFIED |
| 61 | `morris2002social` | Crossref REST API lookup of DOI 10.1257/000282802762024610 (metadata returned; title/author/year matched) | VERIFIED |
| 62 | `angeletos2007efficient` | Crossref REST API lookup of DOI 10.1111/j.1468-0262.2007.00783.x (metadata returned; title/author/year matched) | VERIFIED |
| 63 | `lorenzoni2009theory` | Crossref REST API lookup of DOI 10.1257/aer.99.5.2050 (metadata returned; title/author/year matched) | VERIFIED |
| 64 | `angeletos2013sentiments` | Crossref REST API lookup of DOI 10.3982/ecta10008 (metadata returned; title/author/year matched); author field absent in Crossref record; authors (Angeletos, La'O) supplied from the Econometrica page | VERIFIED |
| 65 | `benhabib2015sentiments` | Crossref REST API lookup of DOI 10.3982/ecta11085 (metadata returned; title/author/year matched) | VERIFIED |
| 66 | `david2016information` | Crossref REST API lookup of DOI 10.1093/qje/qjw006 (metadata returned; title/author/year matched) | VERIFIED |
| 67 | `sims2003implications` | Crossref REST API lookup of DOI 10.1016/s0304-3932(03)00029-1 (metadata returned; title/author/year matched) | VERIFIED |
| 68 | `veldkamp2011information` | Crossref REST API lookup of DOI 10.1515/9781400840496 (metadata returned; title/author/year matched) | VERIFIED |
| 69 | `veldkamp2006media` | Crossref REST API lookup of DOI 10.1257/aer.96.3.577 (metadata returned; title/author/year matched) | VERIFIED |
| 70 | `hellwig2009knowing` | Crossref REST API lookup of DOI 10.1111/j.1467-937x.2008.00515.x (metadata returned; title/author/year matched) | VERIFIED |
| 71 | `colombo2014information` | Crossref REST API lookup of DOI 10.1093/restud/rdu015 (metadata returned; title/author/year matched) | VERIFIED |
| 72 | `vives2017endogenous` | Crossref REST API lookup of DOI 10.1093/res/rdw062 (metadata returned; title/author/year matched) | VERIFIED |
| 73 | `farboodi2020long` | Crossref REST API lookup of DOI 10.1257/aer.20171349 (metadata returned; title/author/year matched) | VERIFIED |
| 74 | `farboodi2022where` | Crossref REST API lookup of DOI 10.1093/rfs/hhab110 (metadata returned; title/author/year matched); Crossref 'issued' = 2021 (online); print volume 35(7) is 2022, year set to 2022 | VERIFIED |
| 75 | `farboodi2023data` | Crossref REST API lookup of DOI 10.1146/annurev-economics-082322-023244 (metadata returned; title/author/year matched) | VERIFIED |
| 76 | `jones2020nonrivalry` | Crossref REST API lookup of DOI 10.1257/aer.20191330 (metadata returned; title/author/year matched) | VERIFIED |
| 77 | `dugast2018data` | Crossref REST API lookup of DOI 10.1016/j.jfineco.2018.07.004 (metadata returned; title/author/year matched) | VERIFIED |
| 78 | `harrison1978speculative` | Crossref REST API lookup of DOI 10.2307/1884166 (metadata returned; title/author/year matched); Crossref gives first page only (323), pages omitted | VERIFIED |
| 79 | `scheinkman2003overconfidence` | Crossref REST API lookup of DOI 10.1086/378531 (metadata returned; title/author/year matched) | VERIFIED |
| 80 | `miller1977risk` | Crossref REST API lookup of DOI 10.1111/j.1540-6261.1977.tb03317.x (metadata returned; title/author/year matched) | VERIFIED |
| 81 | `hong2007disagreement` | Crossref REST API lookup of DOI 10.1257/jep.21.2.109 (metadata returned; title/author/year matched) | VERIFIED |
| 82 | `banerjee1992simple` | Crossref REST API lookup of DOI 10.2307/2118364 (metadata returned; title/author/year matched) | VERIFIED |
| 83 | `chaboud2014rise` | Crossref REST API lookup of DOI 10.1111/jofi.12186 (metadata returned; title/author/year matched) | VERIFIED |
| 84 | `kirilenko2017flash` | Crossref REST API lookup of DOI 10.1111/jofi.12498 (metadata returned; title/author/year matched) | VERIFIED |
| 85 | `calvano2020artificial` | Crossref REST API lookup of DOI 10.1257/aer.20190623 (metadata returned; title/author/year matched) | VERIFIED |
| 86 | `dou2025ai` | Crossref REST API lookup of DOI 10.3386/w34054 (metadata returned; title/author/year matched); NBER DOI resolves; SSRN page (4452704) returns 403 to this client | VERIFIED |
| 87 | `gabaix2021search` | Crossref REST API lookup of DOI 10.3386/w28967 (metadata returned; title/author/year matched) | VERIFIED |
| 88 | `garleanu2018efficiently` | Crossref REST API lookup of DOI 10.1111/jofi.12696 (metadata returned; title/author/year matched) | VERIFIED |
| 89 | `khandani2011what` | Crossref REST API lookup of DOI 10.1016/j.finmar.2010.07.005 (metadata returned; title/author/year matched) | VERIFIED |
| 90 | `stein2009presidential` | Crossref REST API lookup of DOI 10.1111/j.1540-6261.2009.01472.x (metadata returned; title/author/year matched) | VERIFIED |
| 91 | `wagner2011systemic` | Crossref REST API lookup of DOI 10.1111/j.1540-6261.2011.01666.x (metadata returned; title/author/year matched) | VERIFIED |
| 92 | `kleinberg2021algorithmic` | Crossref REST API lookup of DOI 10.1073/pnas.2018340118 (metadata returned; title/author/year matched); Crossref gives no page field; article number e2018340118 taken from the PNAS DOI landing metadata (pages field = article number) | VERIFIED |
| 93 | `bommasani2022picking` | arXiv API query (export.arxiv.org) for 2211.13972 (title/authors/date returned) | VERIFIED |
| 94 | `jo2025homogeneous` | arXiv API query (export.arxiv.org) for 2503.15634 (title/authors/date returned) | VERIFIED |
| 95 | `danielsson2022artificial` | Crossref REST API lookup of DOI 10.1016/j.jbankfin.2021.106290 (metadata returned; title/author/year matched); Crossref gives first page only (106290), pages omitted; Crossref page field = article number 106290 (Elsevier), used as pages | VERIFIED |
| 96 | `danielsson2024artificial` | Crossref REST API lookup of DOI 10.2139/ssrn.4903998 (metadata returned; title/author/year matched) | VERIFIED |
| 97 | `gensler2020deep` | Crossref REST API lookup of DOI 10.2139/ssrn.3723132 (metadata returned; title/author/year matched) | VERIFIED |
| 98 | `fsb2024financial` | FSB publication page fetched (HTTP 200; title confirmed) | VERIFIED |
| 99 | `imf2024advances` | IMF publication page fetched via WebFetch (report title, date 2024-10-22 and Chapter 3 title confirmed; direct curl returns 403) | VERIFIED |
| 100 | `bis2024artificial` | BIS chapter page fetched (HTTP 200; title confirmed) | VERIFIED |
| 101 | `meng2026artificial` | arXiv API query (export.arxiv.org) for 2604.03272 (title/authors/date returned); abstract page read via WebFetch; full PDF not read — the matrix row is abstract-level | VERIFIED |
| 102 | `qiu2026representation` | arXiv API query (export.arxiv.org) for 2604.22818 (title/authors/date returned); abstract page read via WebFetch | VERIFIED |
| 103 | `spiro2026oracle` | arXiv API query (export.arxiv.org) for 2605.00844 (title/authors/date returned); abstract page read via WebFetch | VERIFIED |
| 104 | `park2026correlated` | Crossref REST API lookup of DOI 10.2139/ssrn.7316679 (metadata returned; title/author/year matched); SSRN page returns HTTP 403 to this client; title/author/year from Crossref only; content description in the matrix comes from a search-engine snippet and is flagged as such | VERIFIED |
| 105 | `he2026when` | Crossref REST API lookup of DOI 10.2139/ssrn.6350140 (metadata returned; title/author/year matched); SSRN page returns HTTP 403; title/author/year from Crossref; content from the author's BoF/ESRB 2026 slide deck located by web search | VERIFIED |
| 106 | `hansen2025financial` | Crossref REST API lookup of DOI 10.17016/feds.2025.090 (metadata returned; title/author/year matched); also confirmed on arXiv (2510.01451) with the same FEDS DOI | VERIFIED |
| 107 | `lopezlira2023can` | Crossref REST API lookup of DOI 10.2139/ssrn.4412788 (metadata returned; title/author/year matched); also confirmed on arXiv (2304.07619) via arXiv API | VERIFIED |
| 108 | `doshi2024generative` | Crossref REST API lookup of DOI 10.1126/sciadv.adn5290 (metadata returned; title/author/year matched); article number eadn5290 used as pages (Science Advances) | VERIFIED |
| 109 | `lebaron2006agent` | Crossref REST API lookup of DOI 10.1016/s1574-0021(05)02024-1 (metadata returned; title/author/year matched) | VERIFIED |
| 110 | `tesfatsion2006agent` | Crossref REST API lookup of DOI 10.1016/s1574-0021(05)02016-2 (metadata returned; title/author/year matched) | VERIFIED |
| 111 | `hommes2006heterogeneous` | Crossref REST API lookup of DOI 10.1016/s1574-0021(05)02023-x (metadata returned; title/author/year matched) | VERIFIED |
| 112 | `farmer2009economy` | Crossref REST API lookup of DOI 10.1038/460685a (metadata returned; title/author/year matched) | VERIFIED |
| 113 | `dawid2018agent` | Crossref REST API lookup of DOI 10.1016/bs.hescom.2018.02.006 (metadata returned; title/author/year matched) | VERIFIED |
| 114 | `brock1998heterogeneous` | Crossref REST API lookup of DOI 10.1016/s0165-1889(98)00011-6 (metadata returned; title/author/year matched) | VERIFIED |
| 115 | `axtell2025agent` | Crossref REST API lookup of DOI 10.1257/jel.20221319 (metadata returned; title/author/year matched) | VERIFIED |
| 116 | `gode1993allocative` | Crossref REST API lookup of DOI 10.1086/261868 (metadata returned; title/author/year matched) | VERIFIED |
| 117 | `park2023generative` | Crossref REST API lookup of DOI 10.1145/3586183.3606763 (metadata returned; title/author/year matched) | VERIFIED |
| 118 | `horton2023large` | Crossref REST API lookup of DOI 10.3386/w31122 (metadata returned; title/author/year matched) | VERIFIED |
| 119 | `li2024econagent` | Crossref REST API lookup of DOI 10.18653/v1/2024.acl-long.829 (metadata returned; title/author/year matched) | VERIFIED |
| 120 | `lopezlira2025can` | Crossref REST API lookup of DOI 10.2139/ssrn.5217340 (metadata returned; title/author/year matched); also confirmed on arXiv (2504.10789) via arXiv API | VERIFIED |
| 121 | `chen2023emergence` | Crossref REST API lookup of DOI 10.1073/pnas.2316205120 (metadata returned; title/author/year matched); article number e2316205120 used as pages (PNAS) | VERIFIED |
| 122 | `ross2024llm` | arXiv API query (export.arxiv.org) for 2408.02784 (title/authors/date returned) | VERIFIED |
| 123 | `ross2026why` | arXiv API query (export.arxiv.org) for 2609.04373 (title/authors/date returned) | VERIFIED |
| 124 | `bybee2023surveying` | arXiv API query (export.arxiv.org) for 2305.02823 (title/authors/date returned); arXiv v2 title is 'Surveying Generative AI's Economic Expectations'; v1 circulated as 'The Ghost in the Machine' (noted in the bib entry) | VERIFIED |
| 125 | `zhao2023competeai` | arXiv API query (export.arxiv.org) for 2310.17512 (title/authors/date returned) | VERIFIED |
| 126 | `xia2026agentic` | arXiv API query (export.arxiv.org) for 2605.19337 (title/authors/date returned) | VERIFIED |
| 127 | `fish2024algorithmic` | arXiv API query (export.arxiv.org) for 2404.00806 (title/authors/date returned) | VERIFIED |
| 128 | `immorlica2024generative` | Crossref REST API lookup of DOI 10.1145/3699824.3699832 (metadata returned; title/author/year matched) | VERIFIED |
| 129 | `hammond2025multiagent` | arXiv API query (export.arxiv.org) for 2502.14143 (title/authors/date returned) | VERIFIED |
| 130 | `mei2024turing` | Crossref REST API lookup of DOI 10.1073/pnas.2313925121 (metadata returned; title/author/year matched); article number e2313925121 used as pages (PNAS) | VERIFIED |
| 131 | `fernald2014quarterly` | Crossref REST API lookup of DOI 10.24148/wp2012-19 (FRBSF Working Paper Series record returned; title/author matched; Crossref 'issued' = 2012-04 for the series entry); FRBSF working-paper page fetched (HTTP 200, redirected from the 2012/19 URL to the 2014/04 page, which lists '2012-19 | April 1, 2014'), so year set to 2014 (revised version) and the 2012 first version noted | VERIFIED |
| 132 | `mehra1985equity` | Crossref REST API lookup of DOI 10.1016/0304-3932(85)90061-3 (metadata returned; title/author/year matched; JME 15(2), 145--161) | VERIFIED |
| 133 | `chetty2011are` | Crossref REST API lookup of DOI 10.1257/aer.101.3.471 (metadata returned; title/author/year matched; AER 101(3), 471--475, Papers & Proceedings) | VERIFIED |
| 134 | `floden2001idiosyncratic` | Crossref REST API lookup of DOI 10.1006/redy.2000.0121 (metadata returned; title/author/year matched; RED 4(2), 406--437; co-author Jesper Lindé included) | VERIFIED |
| 135 | `storesletten2004consumption` | Crossref REST API lookup of DOI 10.1016/j.jmoneco.2003.06.005 (metadata returned; title/author/year matched; JME 51(3), 609--633) | VERIFIED |
| 136 | `gorton2012securitized` | Crossref REST API lookup of DOI 10.1016/j.jfineco.2011.03.016 (metadata returned; title/author/year matched; JFE 104(3), 425--451) | VERIFIED |
| 137 | `oberfield2021micro` | Crossref bibliographic query ('Micro Data and Macro Technology Oberfield Raval') returned NBER w20452 (2014), SSRN (2012) and Econometrica 89(2) 703--732 (2021); the journal DOI 10.3982/ecta12807 was then confirmed by direct Crossref REST API lookup (title/author/year matched). Note: the guessed DOI 10.3982/ECTA15537 does not resolve | VERIFIED |
| 138 | `karabarbounis2014global` | Crossref REST API lookup of DOI 10.1093/qje/qjt032 (metadata returned; title/author matched; QJE 129(1), 61--103); Crossref 'issued' = 2013-10 (online), print issue is February 2014, year set to 2014; trailing asterisk in the Crossref title removed | VERIFIED |
| 139 | `hobbhahn2022trends` | Epoch AI page fetched via WebFetch (HTTP 200): title 'Trends in GPU price-performance', byline Marius Hobbhahn and Tamay Besiroglu, dated Jun. 27, 2022; canonical URL https://epoch.ai/publications/trends-in-gpu-price-performance also resolves (curl HTTP 200) | VERIFIED |
| 140 | `cottier2025llm` | Epoch AI Data Insights page https://epoch.ai/data-insights/llm-inference-price-trends fetched via WebFetch and curl (HTTP 200): title 'LLM inference prices have fallen rapidly but unequally across tasks', authors Ben Cottier, Ben Snodin, David Owen and Tom Adamczewski, dated Mar. 12, 2025 (authors/title taken from the page, not from the coordinator's description) | VERIFIED |
| 141 | `iea2025energy` | IEA report page https://www.iea.org/reports/energy-and-ai fetched via WebFetch (HTTP 200): title 'Energy and AI', IEA, Paris, published 10 April 2025, licence CC BY 4.0; the page's own citation line used | VERIFIED |
| 142 | `acemoglu2019automation` | Crossref REST API lookup of DOI 10.1257/jep.33.2.3 (metadata returned; title/author/year matched; JEP 33(2), 3--30) | VERIFIED |
| 143 | `myatt2012endogenous` | Crossref REST API lookup of DOI 10.1093/restud/rdr018 (metadata returned; title/year matched; RES 79(1), 340--374); Crossref gives authors as 'D. P. Myatt' and 'C. Wallace' (initials only); full given names 'David P. Myatt' and 'Chris Wallace' confirmed by the RePEc/IDEAS journal-article listing (ideas.repec.org/a/oup/restud/v79y2012i1p340-374.html, located by web search); Crossref 'issued' = 2011-10 (online), print issue January 2012, year set to 2012 | VERIFIED |
| 144 | `gabaix2016dynamics` | Crossref REST API lookup of DOI 10.3982/ecta13569 (metadata returned; title/author/year matched; Econometrica 84(6), 2071--2111; four authors Gabaix, Lasry, Lions, Moll) | VERIFIED |

**Counts:** 130 entries in `references.bib` — 110 verified by Crossref DOI lookup, 15 verified by arXiv API, 5 verified by other means (RePEc record, Yale UP catalogue, FSB page, IMF page, BIS page).

## Excluded (unverifiable) — NOT in references.bib

| Candidate | Attempt | Outcome |
|---|---|---|
| Chen, Kelly & Xiu, "Expected returns and large language models" (2025?) | Crossref `query.bibliographic` with author filter | no matching record; EXCLUDED |
| Bianchi & Brière, "Robo-advising for small investors" (2024?) | Crossref query | no matching record; EXCLUDED (the 2021 SSRN 'Robo-Advising: Less AI and More XAI?' was found but not used) |
| "Nascimento et al." on LLM agents in markets (named in the brief) | web search + arXiv | could not identify a paper matching this description; EXCLUDED |
| Li & Hai, "Correlated errors determine the optimal architecture of AI-agent organizations" (2026) | web search; arXiv | only a Zenodo replication record surfaced, no arXiv/journal record; EXCLUDED (the companion arXiv 2607.23931 was verified but pruned as off-topic) |
| Pedersen (L. H.) on AI and markets, 2024–2025 (named in the brief) | web search of lhpedersen.com listing, SSRN | no such paper found; EXCLUDED. Gârleanu & Pedersen 2018 included instead |
| Geanakoplos & Polemarchakis 1986 (constrained suboptimality) | not attempted (book chapter without DOI) | not included |
| Holmström 1984 "On the theory of delegation" | not attempted (book chapter without DOI) | not included |
| Arthur, Holland, LeBaron, Palmer & Tayler 1997 (Santa Fe artificial stock market) | not attempted (book chapter without DOI) | not included; LeBaron 2006 and Brock–Hommes 1998 cover the strand |
| OECD 2021 "AI, Machine Learning and Big Data in Finance" | not attempted | not included |

## Verified but pruned for length (available for later use; not in references.bib)

Each of the following was returned by Crossref (DOI shown) or the arXiv API on 2026-10-27 but was dropped to keep the bibliography within the 90–130 target. They can be re-added without further checking.

- `lucas1972expectations` — Expectations and the neutrality of money (1972) — DOI 10.1016/0022-0531(72)90142-1
- `stiglitz1982inefficiency` — The Inefficiency of the Stock Market Equilibrium (1982) — DOI 10.2307/2297273
- `auclert2019monetary` — Monetary Policy and the Redistribution Channel (2019) — DOI 10.1257/aer.20160137
- `benhabib2011distribution` — The Distribution of Wealth and Fiscal Policy in Economies With Finitely Lived Agents (2011) — DOI 10.3982/ecta8416
- `gabaix2016dynamics` — The Dynamics of Inequality (2016) — DOI 10.3982/ecta13569
- `acemoglu2019automation` — Automation and New Tasks: How Technology Displaces and Reinstates Labor (2019) — DOI 10.1257/jep.33.2.3
- `acemoglu2020robots` — Robots and Jobs: Evidence from US Labor Markets (2020) — DOI 10.1086/705716
- `autor2003skill` — The Skill Content of Recent Technological Change: An Empirical Exploration (2003) — DOI 10.1162/003355303322552801
- `hemous2022rise` — The Rise of the Machines: Automation, Horizontal Innovation, and Income Inequality (2022) — DOI 10.1257/mac.20160164
- `noy2023experimental` — Experimental evidence on the productivity effects of generative artificial intelligence (2023) — DOI 10.1126/science.adh2586
- `babina2024artificial` — Artificial intelligence, firm growth, and product innovation (2024) — DOI 10.1016/j.jfineco.2023.103745
- `lucas1988mechanics` — On the mechanics of economic development (1988) — DOI 10.1016/0304-3932(88)90168-7
- `trammell2023economic` — Economic Growth under Transformative AI (2023) — DOI 10.3386/w31815
- `crawford1982strategic` — Strategic Information Transmission (1982) — DOI 10.2307/1913390
- `jensen1976theory` — Theory of the firm: Managerial behavior, agency costs and ownership structure (1976) — DOI 10.1016/0304-405x(76)90026-x
- `shleifer1997limits` — The Limits of Arbitrage (1997) — DOI 10.1111/j.1540-6261.1997.tb03807.x
- `fostel2008leverage` — Leverage Cycles and the Anxious Economy (2008) — DOI 10.1257/aer.98.4.1211
- `adrian2010liquidity` — Liquidity and leverage (2010) — DOI 10.1016/j.jfi.2008.12.002
- `gromb2002equilibrium` — Equilibrium and welfare in markets with financially constrained arbitrageurs (2002) — DOI 10.1016/s0304-405x(02)00228-3
- `bianchi2011overborrowing` — Overborrowing and Systemic Externalities in the Business Cycle (2011) — DOI 10.1257/aer.101.7.3400
- `grossman1976efficiency` — ON THE EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION (1976) — DOI 10.1111/j.1540-6261.1976.tb01907.x
- `vives1993fast` — How Fast do Rational Agents Learn? (1993) — DOI 10.2307/2298060
- `admati1985noisy` — A Noisy Rational Expectations Equilibrium for Multi-Asset Securities Markets (1985) — DOI 10.2307/1911659
- `glosten1985bid` — Bid, ask and transaction prices in a specialist market with heterogeneously informed trade (1985) — DOI 10.1016/0304-405x(85)90044-3
- `amador2010learning` — What Fiscal Policy Is Effective at Zero Interest Rates? (2011) — DOI 10.1086/657529
- `angeletos2010noisy` — Noisy Business Cycles (2010) — DOI 10.1086/648301
- `kacperczyk2016rational` — A Rational Theory of Mutual Funds' Attention Allocation (2016) — DOI 10.3982/ecta11412
- `vannieuwerburgh2010information` — Information Acquisition and Under-Diversification (2010) — DOI 10.1111/j.1467-937x.2009.00583.x
- `mackowiak2009optimal` — Optimal Sticky Prices under Rational Inattention (2009) — DOI 10.1257/aer.99.3.769
- `mackowiak2023rational` — Rational Inattention: A Review (2023) — DOI 10.1257/jel.20211524
- `myatt2012endogenous` — Endogenous Information Acquisition in Coordination Games (2011) — DOI 10.1093/restud/rdr018
- `hellwig2012information` — Information Choice Technologies (2012) — DOI 10.1257/aer.102.3.35
- `bikhchandani1992theory` — A Theory of Fads, Fashion, Custom, and Cultural Change as Informational Cascades (1992) — DOI 10.1086/261849
- `acharya2007too` — Too many to fail—An analysis of time-inconsistency in bank closure policies (2007) — DOI 10.1016/j.jfi.2006.06.001
- `budish2015high` — The High-Frequency Trading Arms Race: Frequent Batch Auctions as a Market Design Response  (2015) — DOI 10.1093/qje/qjv027
- `brogaard2014high` — High-Frequency Trading and Price Discovery (2014) — DOI 10.1093/rfs/hhu032
- `hendershott2011does` — Does Algorithmic Trading Improve Liquidity? (2011) — DOI 10.1111/j.1540-6261.2010.01624.x
- `goldstein2021big` — Big Data in Finance (2021) — DOI 10.1093/rfs/hhab038
- `kelly2023financial` — Financial Machine Learning (2023) — DOI 10.1561/0500000064
- `gu2020empirical` — Empirical Asset Pricing via Machine Learning (2020) — DOI 10.1093/rfs/hhaa009
- `argyle2023out` — Out of One, Many: Using Language Models to Simulate Human Samples (2023) — DOI 10.1017/pan.2023.2
- `manning2024automated` — Automated Social Science: Language Models as Scientist and Subjects (2024) — DOI 10.3386/w32381
- `charness2023generation` — Generation Next: Experimentation with AI (2023) — DOI 10.3386/w31679
- `anderson2024homogenization` — Homogenization Effects of Large Language Models on Human Creative Ideation (2024) — DOI 10.1145/3635636.3656204
- `kirilenko2013moore` — Moore's Law versus Murphy's Law: Algorithmic Trading and Its Discontents (2013) — DOI 10.1257/jep.27.2.51
- `lebaron1999time` — Time series properties of an artificial stock market (1999) — DOI 10.1016/s0165-1889(98)00081-5
- `lux1999scaling` — Scaling and criticality in a stochastic multi-agent model of a financial market (1999) — DOI 10.1038/17290
- `poledna2023economic` — Economic forecasting with an agent-based model (2023) — DOI 10.1016/j.euroecorev.2022.104306
- `smith1962experimental` — An Experimental Study of Competitive Market Behavior (1962) — DOI 10.1086/258609
- `besiroglu2024economic` — Economic impacts of AI-augmented R&amp;D (2024) — DOI 10.1016/j.respol.2024.105037
- `sevilla2022compute` — Compute Trends Across Three Eras of Machine Learning (2022) — DOI 10.1109/ijcnn55064.2022.9891914
- `korinek2019artificial` — Artificial Intelligence and Its Implications for Income Distribution and Unemployment (2019) — DOI 10.7208/chicago/9780226613475.003.0014
- `korinek2023generative` — Generative AI for Economic Research: Use Cases and Implications for Economists (2023) — DOI 10.1257/jel.20231736
- `ludwig2025large` — Large Language Models: An Applied Econometric Framework (2025) — DOI 10.3386/w33344
- `jha2024chatgpt` — ChatGPT and Corporate Policies (2024) — DOI 10.3386/w32161
- `hennessy2023goodhart` — GOODHART'S LAW AND MACHINE LEARNING: A STRUCTURAL PERSPECTIVE (2023) — DOI 10.1111/iere.12633
- `jones2022end` — The End of Economic Growth? Unintended Consequences of a Declining Population (2022) — DOI 10.1257/aer.20201605
- `humlum2025large` — Large Language Models, Small Labor Market Effects (2025) — DOI 10.2139/ssrn.5219933
- `hampole2025artificial` — Artificial Intelligence and the Labor Market (2025) — DOI 10.3386/w33509
- `gao2024large` — Large language models empowered agent-based modeling and simulation: a survey and perspect (2024) — DOI 10.1057/s41599-024-03611-3
- `pedersen2022game` — Game On: Social Networks and Markets (2021) — DOI 10.2139/ssrn.3794616
- `dou2025human` — Human Edge, Machine Limits: AI-Human Competition in Financial Markets (2025) — DOI 10.2139/ssrn.5866104
- `agrawal2024artificial` — Artificial intelligence adoption and system‐wide change (2023) — DOI 10.1111/jems.12521
- `cao2024ai` — From Man vs. Machine to Man + Machine: The art and AI of stock analyses (2024) — DOI 10.1016/j.jfineco.2024.103910
- `aldasoro2024intelligent` — Intelligent financial system: How AI is transforming finance (2025) — DOI 10.1016/j.jfs.2025.101472
- `haldane2011systemic` — Systemic risk in banking ecosystems (2011) — DOI 10.1038/nature09659
- `acemoglu2024learning` — Learning from Ricardo and Thompson: Machinery and Labor in the Early Industrial Revolution (2024) — DOI 10.3386/w32416
- `hansen2025simulating` — Simulating the Survey of Professional Forecasters (2025) — DOI 10.2139/ssrn.5066286
- `brand2023using` — Using LLMs for Market Research (2023) — DOI 10.2139/ssrn.4395751
- `amador2010learning` — Learning from Prices: Public Communication and Welfare (2010) — DOI 10.1086/657923
- `angeletos2016incomplete` — Incomplete Information in Macroeconomics:  Accommodating Frictions in Coordination (2016) — DOI 10.3386/w22297
- `acemoglu2022too` — Too Much Data: Prices and Inefficiencies in Data Markets (2022) — DOI 10.1257/mic.20200200
- `cheng2025chatgpt` — Does Generative AI Facilitate Investor Trading? Early Evidence from ChatGPT Outages (2024) — DOI 10.2139/ssrn.4872189
- `bianchi2021robo` — Robo-Advising: Less AI and More XAI? (2021) — DOI 10.2139/ssrn.3825110
- `woodford2003imperfect` — 1. Imperfect Common Knowledge and the Effects of Monetary Policy (2003) — DOI 10.1515/9780691223933-004
- `bergemann2019markets` — Markets for Information: An Introduction (2018) — DOI 10.2139/ssrn.3240310
- `frimpong2026model` — Model Monoculture Risk: Systemic AI Convergence in Banking and Financial Markets (2026) — DOI 10.3390/fintech5030078
- `thompson2020computational` — The Computational Limits of Deep Learning (2020) — arXiv:2007.05558
- `danielsson2023use` — On the use of artificial intelligence in financial regulations and the impact on financial (2023) — arXiv:2310.11293
- `aher2023using` — Using Large Language Models to Simulate Multiple Humans and Replicate Human Subject Studie (2022) — arXiv:2208.10264
- `erdil2023explosive` — Explosive growth from AI automation: A review of the arguments (2023) — arXiv:2309.11690
- `zhang2024stockagent` — When AI Meets Finance (StockAgent): Large Language Model-based Stock Trading in Simulated  (2024) — arXiv:2407.18957
- `xiao2024tradingagents` — TradingAgents: Multi-Agents LLM Financial Trading Framework (2024) — arXiv:2412.20138
- `gabriele2025heterogeneous` — Heterogeneous RBCs via Deep Multi-Agent Reinforcement Learning (2025) — arXiv:2510.12272
- `li2026state` — State-dependent error correlations shape voting thresholds in committees of AI agents (2026) — arXiv:2607.23931
- `bommasani2021opportunities` — On the Opportunities and Risks of Foundation Models (2021) — arXiv:2108.07258
- `zhang2026welfare` — Welfare-Opaque Income: Taxation under AI-Agent Delegation (2026) — arXiv:2609.20425
- `toledo2026algorithmic` — Algorithmic Intermediation and the International Transmission of U.S. Monetary Policy (2026) — arXiv:2607.15385
- `meng2026cognitive` — Cognitive Debt: AI as Intellectual Leverage and the Dynamics of Systemic Fragility (2026) — arXiv:2606.15078
- `fsb2025monitoring` — FSB, Monitoring Adoption of Artificial Intelligence and Related Vulnerabilities in the Financial Sector (Oct 2025) — fsb.org page fetched, HTTP 200
- `ecb2024rise` — ECB Financial Stability Review May 2024 special feature, The rise of artificial intelligence: benefits and risks for financial stability — ecb.europa.eu page fetched, HTTP 200
- `boe2025artificial` — Bank of England, Financial Stability in Focus: Artificial intelligence in the financial system (April 2025) — bankofengland.co.uk page fetched, HTTP 200

## Addendum 2026-10-27 (calibration-section sources)

Rows 131--144 above were added on 2026-10-27 for the fourteen sources cited in prose by the calibration section (`fernald2014quarterly`, `mehra1985equity`, `chetty2011are`, `floden2001idiosyncratic`, `storesletten2004consumption`, `gorton2012securitized`, `oberfield2021micro`, `karabarbounis2014global`, `hobbhahn2022trends`, `cottier2025llm`, `iea2025energy`, `acemoglu2019automation`, `myatt2012endogenous`, `gabaix2016dynamics`). Same discipline as above: Crossref REST API for every DOI, direct HTTP fetch (WebFetch and curl) for the FRBSF, Epoch AI and IEA pages. All fourteen entered `paper/references.bib`; none was excluded.