{
  "schema": "did-replication-v2",
  "config": {
    "outcomes": [
      "y"
    ],
    "treatments": [
      "d"
    ],
    "unit": "unit",
    "time": "time",
    "cluster": "cluster",
    "covariates": [],
    "baseline_by_time": [],
    "weight": null,
    "period_step": 1,
    "period_values": null,
    "display_window": [
      -10,
      10
    ],
    "seed": 20261008,
    "panelview_max_units": 100,
    "test_mode": "classical",
    "test_horizon": null,
    "post_horizon": null,
    "post_weighting": "observations",
    "sample_query": null,
    "reversal_policy": "drop_post_untreated",
    "labels": {},
    "allow_repeated_cells": true,
    "time_fe": null,
    "unit_fe": null,
    "frequency_weights": false,
    "source_sd": null,
    "require_never_control_periods": false,
    "latest_cohort_control": true,
    "slug": "s02-p011",
    "specification_id": "S02-P011",
    "source_specification_id": "AM005-P2587-T2-DSALES-ACTUAL",
    "study_id": 2,
    "study": "Do Powerful Politicians Really Cause Corporate Downsizing?",
    "citation": "Snyder and Welch (2017), JPE. https://doi.org/10.1086/694204",
    "description": "AM005-P2587-T2-DSALES-ACTUAL",
    "data": "analyses/full-archive/prepared/S02-P011.parquet",
    "output_dir": "analyses/full-archive/results/S02-P011"
  },
  "source": {
    "file": "S02-P011.parquet",
    "bytes": 2114319,
    "sha256": "50410de484f9a5bb13cf8b1552b131962f5b5357e5e7f0cc75d934937a4149dc"
  },
  "versions": {
    "pyfixest": "0.60.0",
    "polars": "2.0.0",
    "duckreg": "0.4.1",
    "numpy": "2.5.3",
    "pandas": "3.0.6"
  },
  "specifications": {
    "y__d": {
      "sample": {
        "outcome": "y",
        "treatment": "d",
        "source_rows": 181489,
        "source_sd": 0.44138795731535097,
        "rows": 172342,
        "units": 15535,
        "clusters": 2028,
        "treated_units": 887,
        "never_treated_units": 14648,
        "treated_cohorts": 6,
        "latest_cohort_control_index": null,
        "unique_unit_period_cells": 172046,
        "unsupported_prediction_rows_removed": 0,
        "rows_without_never_control_time_fe_removed": 0,
        "initially_treated_units_removed": 246,
        "post_adoption_untreated_rows_removed": 6217,
        "units_without_minus_one_removed": 17,
        "additional_rows_removed": 1902
      },
      "estimates": [
        {
          "method": "Static TWFE",
          "estimate": -0.012582455766935948,
          "se": 0.03446282272370412,
          "pvalue": 0.7150731356289783,
          "lower": -0.08016870388064717,
          "upper": 0.05500379234677527
        },
        {
          "method": "Dynamic TWFE",
          "estimate": 0.12261997190506643,
          "se": 0.1289492045745426,
          "pvalue": 0.3417599522646337,
          "lower": -0.13026682742394738,
          "upper": 0.37550677123408027
        },
        {
          "method": "BJS / did2s",
          "estimate": -0.030895859370381435,
          "se": 0.03573191121315815,
          "pvalue": 0.3873292013873714,
          "lower": -0.10097096134885454,
          "upper": 0.03917924260809168
        },
        {
          "method": "Sun\u2013Abraham",
          "estimate": 0.13060802678741046,
          "se": 0.015773659629808603,
          "pvalue": 2.205208890699201e-16,
          "lower": 0.09967375068505843,
          "upper": 0.16154230288976248
        }
      ],
      "event_studies": {
        "Dynamic TWFE": [
          {
            "event_time": -27,
            "estimate": -0.1581200219216649,
            "se": 0.13189483097083451,
            "pvalue": 0.2307325886948192,
            "lower": -0.416783592296573,
            "upper": 0.1005435484532432
          },
          {
            "event_time": -26,
            "estimate": 0.25568213448527616,
            "se": 0.12934943096155865,
            "pvalue": 0.04821341878030665,
            "lower": 0.00201043717760907,
            "upper": 0.5093538317929432
          },
          {
            "event_time": -25,
            "estimate": -0.0432261128013209,
            "se": 0.14245577201660622,
            "pvalue": 0.7615892722638601,
            "lower": -0.32260111437721584,
            "upper": 0.23614888877457405
          },
          {
            "event_time": -24,
            "estimate": 0.04531937274607789,
            "se": 0.1351107195962849,
            "pvalue": 0.7373400062574815,
            "lower": -0.2196509893936341,
            "upper": 0.31028973488578987
          },
          {
            "event_time": -23,
            "estimate": 0.10659525793417184,
            "se": 0.13254473476586223,
            "pvalue": 0.42136366529631036,
            "lower": -0.15334286152491716,
            "upper": 0.36653337739326086
          },
          {
            "event_time": -22,
            "estimate": 0.08211125121933968,
            "se": 0.13316430118916747,
            "pvalue": 0.5375572216715686,
            "lower": -0.17904192164219832,
            "upper": 0.34326442408087765
          },
          {
            "event_time": -21,
            "estimate": 0.014150821542197331,
            "se": 0.13244301378427115,
            "pvalue": 0.9149228331275354,
            "lower": -0.24558780933885782,
            "upper": 0.27388945242325247
          },
          {
            "event_time": -20,
            "estimate": 0.08011042831664655,
            "se": 0.13214279844653376,
            "pvalue": 0.5444223827656571,
            "lower": -0.17903943975567022,
            "upper": 0.3392602963889633
          },
          {
            "event_time": -19,
            "estimate": 0.08753981057125282,
            "se": 0.13850681946245513,
            "pvalue": 0.5274416377515712,
            "lower": -0.18409076190625162,
            "upper": 0.35917038304875726
          },
          {
            "event_time": -18,
            "estimate": 0.14777104261763707,
            "se": 0.13097236586937366,
            "pvalue": 0.25934313310120594,
            "lower": -0.10908344915325147,
            "upper": 0.4046255343885256
          },
          {
            "event_time": -17,
            "estimate": 0.08818841691134449,
            "se": 0.13521109314693458,
            "pvalue": 0.5143282611191362,
            "lower": -0.17697879131241145,
            "upper": 0.35335562513510044
          },
          {
            "event_time": -16,
            "estimate": 0.11657314011691874,
            "se": 0.13246738004565134,
            "pvalue": 0.37895607998202324,
            "lower": -0.14321327629234018,
            "upper": 0.3763595565261777
          },
          {
            "event_time": -15,
            "estimate": 0.10707986347941603,
            "se": 0.13039710517006026,
            "pvalue": 0.4116387046214528,
            "lower": -0.14864646439539328,
            "upper": 0.3628061913542253
          },
          {
            "event_time": -14,
            "estimate": 0.16435925677903132,
            "se": 0.12992957168165817,
            "pvalue": 0.206021290452542,
            "lower": -0.09045017480431786,
            "upper": 0.4191686883623805
          },
          {
            "event_time": -13,
            "estimate": 0.22525696383645685,
            "se": 0.14517096733554102,
            "pvalue": 0.12089809005429185,
            "lower": -0.059442902332624586,
            "upper": 0.5099568300055383
          },
          {
            "event_time": -12,
            "estimate": 0.1762961529530715,
            "se": 0.1547181455939315,
            "pvalue": 0.25464324198488353,
            "lower": -0.12712701872498056,
            "upper": 0.47971932463112354
          },
          {
            "event_time": -11,
            "estimate": 0.11799478979130298,
            "se": 0.1301547597865376,
            "pvalue": 0.3647404033622757,
            "lower": -0.1372562660678827,
            "upper": 0.3732458456504887
          },
          {
            "event_time": -10,
            "estimate": 0.20880432812469743,
            "se": 0.13575535456146193,
            "pvalue": 0.12418201258244738,
            "lower": -0.05743025021252471,
            "upper": 0.4750389064619196
          },
          {
            "event_time": -9,
            "estimate": 0.10174828675002587,
            "se": 0.1353797574935797,
            "pvalue": 0.4523928432481487,
            "lower": -0.16374969502851652,
            "upper": 0.36724626852856823
          },
          {
            "event_time": -8,
            "estimate": 0.2461227518243312,
            "se": 0.13837121158504193,
            "pvalue": 0.07543657130324147,
            "lower": -0.025241875297434324,
            "upper": 0.5174873789460968
          },
          {
            "event_time": -7,
            "estimate": 0.3014488290522151,
            "se": 0.13404119822433178,
            "pvalue": 0.024624143015304287,
            "lower": 0.03857594271671294,
            "upper": 0.5643217153877172
          },
          {
            "event_time": -6,
            "estimate": 0.2811246731560028,
            "se": 0.13882784098417003,
            "pvalue": 0.042999469262546,
            "lower": 0.008864534133981417,
            "upper": 0.5533848121780243
          },
          {
            "event_time": -5,
            "estimate": 0.21004964001320753,
            "se": 0.13289639313020224,
            "pvalue": 0.1141365610807141,
            "lower": -0.05057812897500141,
            "upper": 0.47067740900141647
          },
          {
            "event_time": -4,
            "estimate": 0.15358185111224193,
            "se": 0.14338157918089076,
            "pvalue": 0.2842336707851124,
            "lower": -0.12760878330407466,
            "upper": 0.4347724855285585
          },
          {
            "event_time": -3,
            "estimate": 0.09639001425167051,
            "se": 0.13588176527874682,
            "pvalue": 0.4781784630377561,
            "lower": -0.17009247256858986,
            "upper": 0.3628725010719309
          },
          {
            "event_time": -2,
            "estimate": 0.0683159378876967,
            "se": 0.134322113656862,
            "pvalue": 0.6110894870341842,
            "lower": -0.19510786153679338,
            "upper": 0.33173973731218676
          },
          {
            "event_time": 0,
            "estimate": 0.07263367324541925,
            "se": 0.1314864275043161,
            "pvalue": 0.5807322616979987,
            "lower": -0.18522896279396134,
            "upper": 0.33049630928479984
          },
          {
            "event_time": 1,
            "estimate": 0.1231740602248052,
            "se": 0.12865153585884248,
            "pvalue": 0.33846749594656417,
            "lower": -0.12912897056509937,
            "upper": 0.3754770910147098
          },
          {
            "event_time": 2,
            "estimate": 0.11403224364616835,
            "se": 0.13768756809033483,
            "pvalue": 0.4076572121321635,
            "lower": -0.1559916662852198,
            "upper": 0.3840561535775565
          },
          {
            "event_time": 3,
            "estimate": 0.1708350027749856,
            "se": 0.14800041653685722,
            "pvalue": 0.24851846624395754,
            "lower": -0.11941379527580637,
            "upper": 0.46108380082577755
          },
          {
            "event_time": 4,
            "estimate": 0.12626129141427986,
            "se": 0.1310222767042116,
            "pvalue": 0.335329967831256,
            "lower": -0.13069108224208173,
            "upper": 0.3832136650706415
          },
          {
            "event_time": 5,
            "estimate": 0.14755313192289182,
            "se": 0.14354146645824659,
            "pvalue": 0.3040970381991459,
            "lower": -0.13395106303036142,
            "upper": 0.42905732687614506
          }
        ],
        "BJS / did2s": [
          {
            "event_time": -27,
            "estimate": -0.2493999547694818,
            "se": 0.030325265364990694,
            "pvalue": 3.4696881919336267e-16,
            "lower": -0.30887189429992146,
            "upper": -0.1899280152390421
          },
          {
            "event_time": -26,
            "estimate": 0.1601750164735395,
            "se": 0.026138348582827178,
            "pvalue": 1.0665489110340818e-09,
            "lower": 0.1089141860196679,
            "upper": 0.21143584692741108
          },
          {
            "event_time": -25,
            "estimate": -0.1393230546393591,
            "se": 0.055789992431419154,
            "pvalue": 0.01259388416990548,
            "lower": -0.24873476188580174,
            "upper": -0.029911347392916468
          },
          {
            "event_time": -24,
            "estimate": -0.07494360480066174,
            "se": 0.02404076234788195,
            "pvalue": 0.0018504228489425048,
            "lower": -0.12209078545714155,
            "upper": -0.027796424144181923
          },
          {
            "event_time": -23,
            "estimate": -0.014979165270948789,
            "se": 0.01940488258674292,
            "pvalue": 0.44024726816923415,
            "lower": -0.05303475983555092,
            "upper": 0.023076429293653347
          },
          {
            "event_time": -22,
            "estimate": -0.03910381114287871,
            "se": 0.02065783737191624,
            "pvalue": 0.05850969758368692,
            "lower": -0.0796166191999711,
            "upper": 0.0014089969142136796
          },
          {
            "event_time": -21,
            "estimate": -0.10511439307713315,
            "se": 0.019610496198066357,
            "pvalue": 9.263859071731938e-08,
            "lower": -0.14357322369299766,
            "upper": -0.06665556246126864
          },
          {
            "event_time": -20,
            "estimate": -0.04469124731601185,
            "se": 0.019694620560335198,
            "pvalue": 0.02336018167375344,
            "lower": -0.0833150571637371,
            "upper": -0.006067437468286599
          },
          {
            "event_time": -19,
            "estimate": -0.03996916503223839,
            "se": 0.040175225759309256,
            "pvalue": 0.31991777849241493,
            "lower": -0.11875820671817704,
            "upper": 0.03881987665370025
          },
          {
            "event_time": -18,
            "estimate": 0.016706841016077653,
            "se": 0.016892651046384977,
            "pvalue": 0.32278091639986256,
            "lower": -0.01642192832683604,
            "upper": 0.049835610358991346
          },
          {
            "event_time": -17,
            "estimate": -0.04130272147609615,
            "se": 0.030203136228656356,
            "pvalue": 0.17162094008894965,
            "lower": -0.1005351492817888,
            "upper": 0.017929706329596506
          },
          {
            "event_time": -16,
            "estimate": -0.01820550788478815,
            "se": 0.023117940212234494,
            "pvalue": 0.43107801069632823,
            "lower": -0.06354290974500604,
            "upper": 0.02713189397542973
          },
          {
            "event_time": -15,
            "estimate": -0.022442244197344998,
            "se": 0.01558462786279007,
            "pvalue": 0.1500149227881273,
            "lower": -0.053005803483796146,
            "upper": 0.00812131508910615
          },
          {
            "event_time": -14,
            "estimate": 0.026615014358766176,
            "se": 0.01929075200105628,
            "pvalue": 0.16783816884611155,
            "lower": -0.011216754718776395,
            "upper": 0.06444678343630875
          },
          {
            "event_time": -13,
            "estimate": 0.081910399308404,
            "se": 0.058282322867867324,
            "pvalue": 0.1600534560890596,
            "lower": -0.03238910440815421,
            "upper": 0.19620990302496222
          },
          {
            "event_time": -12,
            "estimate": 0.03331616321456946,
            "se": 0.07694474012647703,
            "pvalue": 0.6650694213999273,
            "lower": -0.11758286031945406,
            "upper": 0.18421518674859297
          },
          {
            "event_time": -11,
            "estimate": -0.022575310876732303,
            "se": 0.023897745261945786,
            "pvalue": 0.3449436415962613,
            "lower": -0.06944201571925818,
            "upper": 0.024291393965793568
          },
          {
            "event_time": -10,
            "estimate": 0.0670465989209156,
            "se": 0.03322668395474538,
            "pvalue": 0.04373799115104965,
            "lower": 0.0018845858216032102,
            "upper": 0.132208612020228
          },
          {
            "event_time": -9,
            "estimate": -0.03351031199106455,
            "se": 0.04092376023162964,
            "pvalue": 0.41296977787185624,
            "lower": -0.11376733083527336,
            "upper": 0.04674670685314426
          },
          {
            "event_time": -8,
            "estimate": 0.10461675368387278,
            "se": 0.049437164662116034,
            "pvalue": 0.0344531484934638,
            "lower": 0.0076637993748229355,
            "upper": 0.20156970799292262
          },
          {
            "event_time": -7,
            "estimate": 0.15702375434974677,
            "se": 0.03511574647704547,
            "pvalue": 8.19265531242576e-06,
            "lower": 0.08815703460588346,
            "upper": 0.22589047409361007
          },
          {
            "event_time": -6,
            "estimate": 0.12235389538024972,
            "se": 0.056620718722403554,
            "pvalue": 0.030816878643756384,
            "lower": 0.011313021722593866,
            "upper": 0.23339476903790557
          },
          {
            "event_time": -5,
            "estimate": 0.061408969283358324,
            "se": 0.037858095115837376,
            "pvalue": 0.10494111063055976,
            "lower": -0.012835866379843318,
            "upper": 0.13565380494655996
          },
          {
            "event_time": -4,
            "estimate": 0.007092622758745871,
            "se": 0.05430766692259778,
            "pvalue": 0.8961040982322227,
            "lower": -0.09941204403927825,
            "upper": 0.11359728955676998
          },
          {
            "event_time": -3,
            "estimate": -0.05446076349489356,
            "se": 0.05050402119681606,
            "pvalue": 0.2810080854091853,
            "lower": -0.15350596750252585,
            "upper": 0.044584440512738736
          },
          {
            "event_time": -2,
            "estimate": -0.08071406590896658,
            "se": 0.04637680478533988,
            "pvalue": 0.08194103192705905,
            "lower": -0.17166524132696892,
            "upper": 0.010237109509035752
          },
          {
            "event_time": -1,
            "estimate": -0.1533917107556845,
            "se": 0.09477444097171826,
            "pvalue": 0.1057121027603952,
            "lower": -0.33925718479728273,
            "upper": 0.0324737632859137
          },
          {
            "event_time": 0,
            "estimate": -0.09316097367156967,
            "se": 0.04521746540712487,
            "pvalue": 0.03949844666239488,
            "lower": -0.18183852804894435,
            "upper": -0.004483419294195004
          },
          {
            "event_time": 1,
            "estimate": -0.03821554822572761,
            "se": 0.036940630072615506,
            "pvalue": 0.30101998108311284,
            "lower": -0.11066111107416357,
            "upper": 0.03423001462270834
          },
          {
            "event_time": 2,
            "estimate": -0.0443484289429766,
            "se": 0.07076852661295434,
            "pvalue": 0.5309469162438998,
            "lower": -0.18313506393950846,
            "upper": 0.09443820605355524
          },
          {
            "event_time": 3,
            "estimate": 0.02204799609300953,
            "se": 0.09511348685637591,
            "pvalue": 0.8167111220767849,
            "lower": -0.16448239270226736,
            "upper": 0.20857838488828642
          },
          {
            "event_time": 4,
            "estimate": -0.017956620568895448,
            "se": 0.04087649394069905,
            "pvalue": 0.6604984998392821,
            "lower": -0.09812094383526779,
            "upper": 0.062207702697476885
          },
          {
            "event_time": 5,
            "estimate": 0.013798317441282081,
            "se": 0.05526008938837919,
            "pvalue": 0.8028464351385404,
            "lower": -0.09457417839667438,
            "upper": 0.12217081327923855
          }
        ],
        "Sun\u2013Abraham": [
          {
            "event_time": -27,
            "estimate": -0.38979786362353824,
            "se": 0.0987341206929532,
            "pvalue": 8.151168681272782e-05,
            "lower": -0.5834288041864305,
            "upper": -0.196166923060646
          },
          {
            "event_time": -26,
            "estimate": 0.02768722111411059,
            "se": 0.09477530947062038,
            "pvalue": 0.77021301235117,
            "lower": -0.15817995617108885,
            "upper": 0.21355439839931004
          },
          {
            "event_time": -25,
            "estimate": -0.239349798067984,
            "se": 0.04757529293120562,
            "pvalue": 5.310224727324932e-07,
            "lower": -0.3326513705453691,
            "upper": -0.1460482255905989
          },
          {
            "event_time": -24,
            "estimate": -0.14720336113622962,
            "se": 0.03671008615635431,
            "pvalue": 6.294821519134956e-05,
            "lower": -0.2191967962396327,
            "upper": -0.07520992603282653
          },
          {
            "event_time": -23,
            "estimate": -0.08157761938713506,
            "se": 0.03435810302389004,
            "pvalue": 0.01767326801555026,
            "lower": -0.14895849803152653,
            "upper": -0.014196740742743602
          },
          {
            "event_time": -22,
            "estimate": -0.10599897145598824,
            "se": 0.03373279856690706,
            "pvalue": 0.0017004210216262662,
            "lower": -0.17215354363920893,
            "upper": -0.03984439927276755
          },
          {
            "event_time": -21,
            "estimate": -0.17546934171171064,
            "se": 0.033353806365916644,
            "pvalue": 1.585210738677586e-07,
            "lower": -0.2408806590218567,
            "upper": -0.11005802440156456
          },
          {
            "event_time": -20,
            "estimate": -0.11060049213835106,
            "se": 0.035192717495533044,
            "pvalue": 0.0016981232397234498,
            "lower": -0.1796181624411623,
            "upper": -0.04158282183553984
          },
          {
            "event_time": -19,
            "estimate": -0.04618367923730865,
            "se": 0.03191430432778161,
            "pvalue": 0.14801925012465017,
            "lower": -0.10877193870655799,
            "upper": 0.01640458023194069
          },
          {
            "event_time": -18,
            "estimate": 0.11882816879230157,
            "se": 0.028642335788231357,
            "pvalue": 3.481954103724998e-05,
            "lower": 0.06265668137063604,
            "upper": 0.1749996562139671
          },
          {
            "event_time": -17,
            "estimate": 0.05884050668758578,
            "se": 0.027560937503651198,
            "pvalue": 0.03288682861535894,
            "lower": 0.004789787299268419,
            "upper": 0.11289122607590314
          },
          {
            "event_time": -16,
            "estimate": 0.08770574413549873,
            "se": 0.026122455003115462,
            "pvalue": 0.0008010912042427532,
            "lower": 0.03647608313720028,
            "upper": 0.13893540513379718
          },
          {
            "event_time": -15,
            "estimate": 0.086299549125867,
            "se": 0.02696616350193555,
            "pvalue": 0.0013941248040562637,
            "lower": 0.03341526185408922,
            "upper": 0.13918383639764478
          },
          {
            "event_time": -14,
            "estimate": 0.16123921780910488,
            "se": 0.028197909750723844,
            "pvalue": 1.2368678890321135e-08,
            "lower": 0.10593930984800734,
            "upper": 0.21653912577020243
          },
          {
            "event_time": -13,
            "estimate": 0.22569364160347877,
            "se": 0.02925241909194111,
            "pvalue": 1.8785314046884218e-14,
            "lower": 0.16832569845718687,
            "upper": 0.28306158474977067
          },
          {
            "event_time": -12,
            "estimate": 0.18201439566184974,
            "se": 0.02870604297632248,
            "pvalue": 2.813047125141148e-10,
            "lower": 0.1257179698433653,
            "upper": 0.23831082148033417
          },
          {
            "event_time": -11,
            "estimate": 0.11720460377850378,
            "se": 0.02775745729765916,
            "pvalue": 2.523423876305614e-05,
            "lower": 0.06276848254241665,
            "upper": 0.1716407250145909
          },
          {
            "event_time": -10,
            "estimate": 0.20261051705509825,
            "se": 0.031644640434780706,
            "pvalue": 1.8918394827533293e-10,
            "lower": 0.14055110488677336,
            "upper": 0.26466992922342314
          },
          {
            "event_time": -9,
            "estimate": 0.09238178295766837,
            "se": 0.027011116478173162,
            "pvalue": 0.0006382896869639475,
            "lower": 0.039409336830482755,
            "upper": 0.145354229084854
          },
          {
            "event_time": -8,
            "estimate": 0.2368171731639377,
            "se": 0.02663487202911845,
            "pvalue": 1.3055416146446524e-18,
            "lower": 0.18458259319731263,
            "upper": 0.28905175313056275
          },
          {
            "event_time": -7,
            "estimate": 0.27770526436024295,
            "se": 0.022217182049426226,
            "pvalue": 1.365990072721837e-34,
            "lower": 0.23413437086673924,
            "upper": 0.3212761578537467
          },
          {
            "event_time": -6,
            "estimate": 0.264564168034539,
            "se": 0.027922135163204992,
            "pvalue": 7.154418781058978e-21,
            "lower": 0.20980509127130753,
            "upper": 0.3193232447977705
          },
          {
            "event_time": -5,
            "estimate": 0.2062466225680355,
            "se": 0.021895424851185223,
            "pvalue": 1.1881308771239504e-20,
            "lower": 0.1633067383800386,
            "upper": 0.2491865067560324
          },
          {
            "event_time": -4,
            "estimate": 0.15650396925942145,
            "se": 0.027979269221868074,
            "pvalue": 2.52590013352803e-08,
            "lower": 0.10163284489360369,
            "upper": 0.2113750936252392
          },
          {
            "event_time": -3,
            "estimate": 0.09943139196326997,
            "se": 0.021068149208538844,
            "pvalue": 2.525700908428842e-06,
            "lower": 0.05811390699923073,
            "upper": 0.1407488769273092
          },
          {
            "event_time": -2,
            "estimate": 0.07201630715874155,
            "se": 0.01922840101282452,
            "pvalue": 0.00018520034387319248,
            "lower": 0.03430681678699601,
            "upper": 0.10972579753048708
          },
          {
            "event_time": 0,
            "estimate": 0.07440741557148334,
            "se": 0.021459456159719194,
            "pvalue": 0.0005365818734480176,
            "lower": 0.03232252484665874,
            "upper": 0.11649230629630794
          },
          {
            "event_time": 1,
            "estimate": 0.129532974407166,
            "se": 0.017543649044102553,
            "pvalue": 2.2399776687947683e-13,
            "lower": 0.0951275101008706,
            "upper": 0.16393843871346137
          },
          {
            "event_time": 2,
            "estimate": 0.1222916590875685,
            "se": 0.01930457879123269,
            "pvalue": 2.918372538172686e-10,
            "lower": 0.08443277380776441,
            "upper": 0.16015054436737258
          },
          {
            "event_time": 3,
            "estimate": 0.1780924783950451,
            "se": 0.02078205571217742,
            "pvalue": 2.0248804239192426e-17,
            "lower": 0.13733606140224616,
            "upper": 0.21884889538784405
          },
          {
            "event_time": 4,
            "estimate": 0.13405495518061333,
            "se": 0.02172628323775637,
            "pvalue": 8.213939935073356e-10,
            "lower": 0.09144678053200053,
            "upper": 0.17666312982922613
          },
          {
            "event_time": 5,
            "estimate": 0.16789784070096192,
            "se": 0.022027791926614533,
            "pvalue": 3.808343872948159e-14,
            "lower": 0.1246983668074503,
            "upper": 0.21109731459447353
          }
        ]
      },
      "target": {
        "event_times": [
          0.0,
          1.0,
          2.0,
          3.0,
          4.0,
          5.0
        ],
        "weights": [
          0.20342857142857143,
          0.18491428571428573,
          0.17074285714285714,
          0.1584,
          0.1478857142857143,
          0.13462857142857143
        ],
        "weighting": "observations"
      },
      "checks": {
        "did2s_vs_direct_imputation_max_post_difference": 2.2551405187698492e-17,
        "package_aggregate_vs_estimable_cell_weights": 2.7755575615628914e-17,
        "saturated_vs_deviations_relative_rss_difference": 6.514014391636289e-12
      },
      "inference": {
        "standard_errors": "Cluster-robust; did2s uses two-stage covariance",
        "confidence_intervals": "Pointwise t, clusters minus one degrees of freedom"
      },
      "f_test": {
        "F": 3.787608003629374,
        "df_num": 20,
        "df_den": 156636,
        "pvalue": 2.0512315146171582e-08,
        "log10_pvalue": -7.687985319716272,
        "inference": "Homoskedastic nested-model F",
        "observations": 172342,
        "design_columns": 131,
        "restricted_design_columns": 111,
        "fixed_effect_rank": 15575,
        "covariance_rank": 20,
        "rss_unrestricted": 126961.49385703773,
        "rss_restricted": 127022.89485939806,
        "test_horizon": null,
        "reference_cohort": 4,
        "pyfixest": "0.27.0",
        "formulaic": "1.0.2",
        "design_head": {
          "index": [
            0,
            1,
            2,
            3,
            4
          ],
          "columns": [
            "C(rel_time, contr.treatment(base=-1.0))[T.-27.0]",
            "C(rel_time, contr.treatment(base=-1.0))[T.-26.0]",
            "C(rel_time, contr.treatment(base=-1.0))[T.-25.0]",
            "C(rel_time, contr.treatment(base=-1.0))[T.-24.0]",
            "C(rel_time, contr.treatment(base=-1.0))[T.-23.0]",
            "C(rel_time, contr.treatment(base=-1.0))[T.-22.0]"
          ],
          "data": [
            [
              -1.990897593937987e-05,
              -2.4021474666860656e-05,
              -2.9869347172880225e-05,
              -5.4651186499361706e-05,
              -6.878054258532528e-05,
              -8.277908413277506e-05
            ],
            [
              -1.3951237416511576e-05,
              -1.6777631957023877e-05,
              -1.1558473911517388e-05,
              4.605696537184404e-05,
              4.58001294750323e-05,
              3.779330000708186e-05
            ],
            [
              -7.70584735398439e-06,
              -9.29466957439999e-06,
              8.224432599503223e-06,
              0.00015320645079164427,
              0.00016568730546380247,
              0.0001626241990394371
            ],
            [
              -3.3637303692439608e-06,
              -3.98511672741122e-06,
              2.081293770294095e-05,
              0.0002279373253426023,
              0.00025126377369348064,
              0.00025527058559008536
            ],
            [
              -4.607733480737673e-07,
              -4.985714956880231e-07,
              2.9323064589612942e-05,
              0.00027424618956329525,
              0.00030314684293841445,
              0.00030977623708852936
            ]
          ]
        },
        "formula": "y~i(rel_time,ref=-1.0)+i(rel_time,cohort_dummy_18,ref=-1.0)+i(rel_time,cohort_dummy_20,ref=-1.0)+i(rel_time,cohort_dummy_26,ref=-1.0)+i(rel_time,cohort_dummy_29,ref=-1.0)+i(rel_time,cohort_dummy_34,ref=-1.0)|unit_fe+time_fe",
        "restriction_names": [
          "C(rel_time, contr.treatment(base=-1.0))[T.1.0]:cohort_dummy_18",
          "C(rel_time, contr.treatment(base=-1.0))[T.2.0]:cohort_dummy_18",
          "C(rel_time, contr.treatment(base=-1.0))[T.3.0]:cohort_dummy_18",
          "C(rel_time, contr.treatment(base=-1.0))[T.4.0]:cohort_dummy_18",
          "C(rel_time, contr.treatment(base=-1.0))[T.5.0]:cohort_dummy_18",
          "C(rel_time, contr.treatment(base=-1.0))[T.1.0]:cohort_dummy_20",
          "C(rel_time, contr.treatment(base=-1.0))[T.2.0]:cohort_dummy_20",
          "C(rel_time, contr.treatment(base=-1.0))[T.3.0]:cohort_dummy_20",
          "C(rel_time, contr.treatment(base=-1.0))[T.4.0]:cohort_dummy_20",
          "C(rel_time, contr.treatment(base=-1.0))[T.5.0]:cohort_dummy_20",
          "C(rel_time, contr.treatment(base=-1.0))[T.1.0]:cohort_dummy_26",
          "C(rel_time, contr.treatment(base=-1.0))[T.2.0]:cohort_dummy_26",
          "C(rel_time, contr.treatment(base=-1.0))[T.3.0]:cohort_dummy_26",
          "C(rel_time, contr.treatment(base=-1.0))[T.4.0]:cohort_dummy_26",
          "C(rel_time, contr.treatment(base=-1.0))[T.5.0]:cohort_dummy_26",
          "C(rel_time, contr.treatment(base=-1.0))[T.1.0]:cohort_dummy_29",
          "C(rel_time, contr.treatment(base=-1.0))[T.2.0]:cohort_dummy_29",
          "C(rel_time, contr.treatment(base=-1.0))[T.3.0]:cohort_dummy_29",
          "C(rel_time, contr.treatment(base=-1.0))[T.4.0]:cohort_dummy_29",
          "C(rel_time, contr.treatment(base=-1.0))[T.5.0]:cohort_dummy_29"
        ],
        "deviations": [
          {
            "event_time": -17.0,
            "cohort": 18,
            "estimate": -0.559148217643477
          },
          {
            "event_time": -16.0,
            "cohort": 18,
            "estimate": -0.2760988813593463
          },
          {
            "event_time": -15.0,
            "cohort": 18,
            "estimate": 1.373517367169581
          },
          {
            "event_time": -14.0,
            "cohort": 18,
            "estimate": 1.216578445401226
          },
          {
            "event_time": -13.0,
            "cohort": 18,
            "estimate": 0.2911435227434876
          },
          {
            "event_time": -12.0,
            "cohort": 18,
            "estimate": 0.937106043361286
          },
          {
            "event_time": -11.0,
            "cohort": 18,
            "estimate": 0.6699722112255947
          },
          {
            "event_time": -10.0,
            "cohort": 18,
            "estimate": 0.8886435556522011
          },
          {
            "event_time": -9.0,
            "cohort": 18,
            "estimate": 0.5011134166310104
          },
          {
            "event_time": -8.0,
            "cohort": 18,
            "estimate": 1.0080810218147285
          },
          {
            "event_time": -7.0,
            "cohort": 18,
            "estimate": 1.1358397066429013
          },
          {
            "event_time": -6.0,
            "cohort": 18,
            "estimate": 1.0939760682532254
          },
          {
            "event_time": -5.0,
            "cohort": 18,
            "estimate": 0.6607108817487908
          },
          {
            "event_time": -4.0,
            "cohort": 18,
            "estimate": 0.7498687534685189
          },
          {
            "event_time": -3.0,
            "cohort": 18,
            "estimate": 0.37922528057720795
          },
          {
            "event_time": -2.0,
            "cohort": 18,
            "estimate": -0.2632788874643231
          },
          {
            "event_time": 0.0,
            "cohort": 18,
            "estimate": 0.13832007416742612
          },
          {
            "event_time": 1.0,
            "cohort": 18,
            "estimate": 0.6075333535666589
          },
          {
            "event_time": 2.0,
            "cohort": 18,
            "estimate": 0.6193872629063605
          },
          {
            "event_time": 3.0,
            "cohort": 18,
            "estimate": 0.21390263275831428
          },
          {
            "event_time": 4.0,
            "cohort": 18,
            "estimate": 0.6694487179092601
          },
          {
            "event_time": 5.0,
            "cohort": 18,
            "estimate": 0.5666849977431896
          },
          {
            "event_time": -19.0,
            "cohort": 20,
            "estimate": 0.7711960111510675
          },
          {
            "event_time": -18.0,
            "cohort": 20,
            "estimate": 0.5905462701420328
          },
          {
            "event_time": -17.0,
            "cohort": 20,
            "estimate": 0.25788863279165875
          },
          {
            "event_time": -16.0,
            "cohort": 20,
            "estimate": 0.3998624891240846
          },
          {
            "event_time": -15.0,
            "cohort": 20,
            "estimate": 1.9707171453422885
          },
          {
            "event_time": -14.0,
            "cohort": 20,
            "estimate": 1.58035354289984
          },
          {
            "event_time": -13.0,
            "cohort": 20,
            "estimate": 0.8730139470796074
          },
          {
            "event_time": -12.0,
            "cohort": 20,
            "estimate": 1.4886525939893187
          },
          {
            "event_time": -11.0,
            "cohort": 20,
            "estimate": 1.1825891516189513
          },
          {
            "event_time": -10.0,
            "cohort": 20,
            "estimate": 1.2888341039540576
          },
          {
            "event_time": -9.0,
            "cohort": 20,
            "estimate": 0.8693447216610819
          },
          {
            "event_time": -8.0,
            "cohort": 20,
            "estimate": 1.5293678608167434
          },
          {
            "event_time": -7.0,
            "cohort": 20,
            "estimate": 1.6699462902227742
          },
          {
            "event_time": -6.0,
            "cohort": 20,
            "estimate": 1.7831349406648558
          },
          {
            "event_time": -5.0,
            "cohort": 20,
            "estimate": 1.1239325190588527
          },
          {
            "event_time": -4.0,
            "cohort": 20,
            "estimate": 1.2410752802733909
          },
          {
            "event_time": -3.0,
            "cohort": 20,
            "estimate": 0.7024238050991207
          },
          {
            "event_time": -2.0,
            "cohort": 20,
            "estimate": 0.4192640503890567
          },
          {
            "event_time": 0.0,
            "cohort": 20,
            "estimate": 0.18914786658727328
          },
          {
            "event_time": 1.0,
            "cohort": 20,
            "estimate": 1.37567161632221
          },
          {
            "event_time": 2.0,
            "cohort": 20,
            "estimate": 1.4169975080660118
          },
          {
            "event_time": 3.0,
            "cohort": 20,
            "estimate": 0.9331773843144031
          },
          {
            "event_time": 4.0,
            "cohort": 20,
            "estimate": 0.8798557610063878
          },
          {
            "event_time": 5.0,
            "cohort": 20,
            "estimate": 0.9346558586907603
          },
          {
            "event_time": -25.0,
            "cohort": 26,
            "estimate": -0.10961242655473163
          },
          {
            "event_time": -24.0,
            "cohort": 26,
            "estimate": -0.04744170051291802
          },
          {
            "event_time": -23.0,
            "cohort": 26,
            "estimate": 0.07030568685697064
          },
          {
            "event_time": -22.0,
            "cohort": 26,
            "estimate": -0.1038740090373024
          },
          {
            "event_time": -21.0,
            "cohort": 26,
            "estimate": -0.013242990137096733
          },
          {
            "event_time": -20.0,
            "cohort": 26,
            "estimate": 0.041867674499718524
          },
          {
            "event_time": -19.0,
            "cohort": 26,
            "estimate": -0.004638314447644842
          },
          {
            "event_time": -18.0,
            "cohort": 26,
            "estimate": 0.10773331625487148
          },
          {
            "event_time": -17.0,
            "cohort": 26,
            "estimate": -0.3259090278370484
          },
          {
            "event_time": -16.0,
            "cohort": 26,
            "estimate": -0.15195932451832372
          },
          {
            "event_time": -15.0,
            "cohort": 26,
            "estimate": 1.4600309646988165
          },
          {
            "event_time": -14.0,
            "cohort": 26,
            "estimate": 1.1065854213087158
          },
          {
            "event_time": -13.0,
            "cohort": 26,
            "estimate": 0.2080448172492636
          },
          {
            "event_time": -12.0,
            "cohort": 26,
            "estimate": 0.7840299736320107
          },
          {
            "event_time": -11.0,
            "cohort": 26,
            "estimate": 0.6889519062662213
          },
          {
            "event_time": -10.0,
            "cohort": 26,
            "estimate": 0.9372770246403834
          },
          {
            "event_time": -9.0,
            "cohort": 26,
            "estimate": 0.2768680414735518
          },
          {
            "event_time": -8.0,
            "cohort": 26,
            "estimate": 0.9247203254649516
          },
          {
            "event_time": -7.0,
            "cohort": 26,
            "estimate": 1.1904944010269898
          },
          {
            "event_time": -6.0,
            "cohort": 26,
            "estimate": 1.1551853047499319
          },
          {
            "event_time": -5.0,
            "cohort": 26,
            "estimate": 0.6048505985956687
          },
          {
            "event_time": -4.0,
            "cohort": 26,
            "estimate": 0.9633153662285625
          },
          {
            "event_time": -3.0,
            "cohort": 26,
            "estimate": 0.42343797821033347
          },
          {
            "event_time": -2.0,
            "cohort": 26,
            "estimate": 0.1060084750655762
          },
          {
            "event_time": 0.0,
            "cohort": 26,
            "estimate": -0.12900402502678934
          },
          {
            "event_time": 1.0,
            "cohort": 26,
            "estimate": 0.9355694616541044
          },
          {
            "event_time": 2.0,
            "cohort": 26,
            "estimate": 0.8237885828288817
          },
          {
            "event_time": 3.0,
            "cohort": 26,
            "estimate": 0.2841098160752239
          },
          {
            "event_time": 4.0,
            "cohort": 26,
            "estimate": 0.45209815075212956
          },
          {
            "event_time": 5.0,
            "cohort": 26,
            "estimate": 0.695811653850198
          },
          {
            "event_time": -15.0,
            "cohort": 29,
            "estimate": 1.5966112264685328
          },
          {
            "event_time": -14.0,
            "cohort": 29,
            "estimate": 1.0099109262664085
          },
          {
            "event_time": -13.0,
            "cohort": 29,
            "estimate": -0.014332704617243064
          },
          {
            "event_time": -12.0,
            "cohort": 29,
            "estimate": 1.1099692503059568
          },
          {
            "event_time": -11.0,
            "cohort": 29,
            "estimate": 0.6075749337071472
          },
          {
            "event_time": -10.0,
            "cohort": 29,
            "estimate": 0.5029589614698934
          },
          {
            "event_time": -9.0,
            "cohort": 29,
            "estimate": 0.1887240126355279
          },
          {
            "event_time": -8.0,
            "cohort": 29,
            "estimate": 0.6532301467231136
          },
          {
            "event_time": -7.0,
            "cohort": 29,
            "estimate": 1.0911055145976158
          },
          {
            "event_time": -6.0,
            "cohort": 29,
            "estimate": 1.0408052617282144
          },
          {
            "event_time": -5.0,
            "cohort": 29,
            "estimate": 0.6544603649923052
          },
          {
            "event_time": -4.0,
            "cohort": 29,
            "estimate": 0.7145433761283697
          },
          {
            "event_time": -3.0,
            "cohort": 29,
            "estimate": 0.33836927792822036
          },
          {
            "event_time": -2.0,
            "cohort": 29,
            "estimate": 0.0935519061017549
          },
          {
            "event_time": 0.0,
            "cohort": 29,
            "estimate": -0.1220795145257636
          },
          {
            "event_time": 1.0,
            "cohort": 29,
            "estimate": 0.8541011108948614
          },
          {
            "event_time": 2.0,
            "cohort": 29,
            "estimate": 0.7346224097386002
          },
          {
            "event_time": 3.0,
            "cohort": 29,
            "estimate": 0.11694499738047531
          },
          {
            "event_time": 4.0,
            "cohort": 29,
            "estimate": 0.24956400417169766
          },
          {
            "event_time": 5.0,
            "cohort": 29,
            "estimate": 0.5828848770443833
          },
          {
            "event_time": -3.0,
            "cohort": 34,
            "estimate": 0.22583055044234407
          },
          {
            "event_time": -2.0,
            "cohort": 34,
            "estimate": -0.5410610406296753
          },
          {
            "event_time": 0.0,
            "cohort": 34,
            "estimate": -0.2654116067996817
          }
        ]
      }
    }
  },
  "code_sha256": {
    "replication_engine.py": "cd3acc93d19b09e121e2366dbaaccd6cc5c4f902ca3ac3d3c1c27b3cc1d436f0",
    "reference_f_test.py": "5f044e72270f04daf518d8b9667920b0bdce87bdaa9b134f2625697b9eff1909",
    "sparse_did2s.py": "16f2083b77e2a6a0fd9a4dda23961f99f24def371aa785b956cc08b5c86929f3",
    "frequency.py": "f8b8062ee5e78fff474749beed9c4a3c20ced533b2e327a18f101ff35bca26b2",
    "sparse_models.py": "fd6fc12f18694fa56b8e0a68bec3d72bf57339ae0aecab45d7f13a834468feec"
  }
}