[ { "study_id": 17, "specification_id": "S17-P001", "source_specification_id": "TN-F2-ANNOTATED-SCALAR", "role": "active_comparison", "published_source_location": "", "outcome_label": "", "outcome_variable": "", "treatment_label": "", "unit_fixed_effects": "", "time_fixed_effects": "", "allowed_adjustments": "", "published_weights": "", "published_clustering": "", "panel_structure": "", "design": "", "descriptive_metadata_status": "not_recorded_in_exported_source_metadata", "title": "Trading Nontradables", "status": "ready", "reason": "", "config": "analyses/full-archive/configs/S17-P001.json", "input_bytes": 15024, "specification_type": "twfe_scalar", "run_status": "completed", "result": { "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": "s17-p001", "specification_id": "S17-P001", "source_specification_id": "TN-F2-ANNOTATED-SCALAR", "study_id": 17, "study": "Trading Nontradables", "citation": "Mu\u00f1oz (2024), QJE. https://doi.org/10.1093/qje/qjad032", "description": "TN-F2-ANNOTATED-SCALAR", "data": "analyses/full-archive/prepared/S17-P001.parquet", "output_dir": "analyses/full-archive/results/S17-P001" }, "source": { "file": "S17-P001.parquet", "bytes": 15024, "sha256": "14d6b17425b841a58191087ae243b2dbc2642e5a0e207cd4d1070c9fa7847271" }, "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": 861, "source_sd": 2.2704876155576073, "rows": 814, "units": 69, "clusters": 69, "treated_units": 23, "never_treated_units": 46, "treated_cohorts": 5, "latest_cohort_control_index": null, "unique_unit_period_cells": 814, "unsupported_prediction_rows_removed": 0, "rows_without_never_control_time_fe_removed": 0, "initially_treated_units_removed": 4, "post_adoption_untreated_rows_removed": 0, "units_without_minus_one_removed": 0, "additional_rows_removed": 0 }, "estimates": [ { "method": "Static TWFE", "estimate": 0.5836461717054291, "se": 0.15493282774663392, "pvalue": 0.000347425801786885, "lower": 0.27448252747844953, "upper": 0.8928098159324087 }, { "method": "Dynamic TWFE", "estimate": 0.7830948306897552, "se": 0.12558931286311137, "pvalue": 3.2830196603441836e-08, "lower": 0.5324852587517941, "upper": 1.0337044026277162 }, { "method": "BJS / did2s", "estimate": 0.7411187723579706, "se": 0.1412719262586771, "pvalue": 1.6674543277796014e-06, "lower": 0.45921503262553265, "upper": 1.0230225120904086 }, { "method": "Sun\u2013Abraham", "estimate": 0.7570914198400018, "se": 0.11959318280217397, "pvalue": 2.228723900238285e-08, "lower": 0.5184469391474538, "upper": 0.9957359005325499 } ], "event_studies": { "Dynamic TWFE": [ { "event_time": -10, "estimate": 1.1947557573250192, "se": 0.19674277968894927, "pvalue": 6.344174328345891e-08, "lower": 0.8021616529725745, "upper": 1.5873498616774637 }, { "event_time": -9, "estimate": 1.1812277668083333, "se": 0.1727616884577225, "pvalue": 2.78167404532346e-09, "lower": 0.8364871849495863, "upper": 1.5259683486670803 }, { "event_time": -8, "estimate": 0.9975882175329213, "se": 0.1474396013355982, "pvalue": 3.7332061942823214e-09, "lower": 0.7033770738053331, "upper": 1.2917993612605094 }, { "event_time": -7, "estimate": 0.8428806574555228, "se": 0.16889181103698744, "pvalue": 4.42685330713591e-06, "lower": 0.5058622957582944, "upper": 1.1798990191527512 }, { "event_time": -6, "estimate": 0.530703775862151, "se": 0.21646497854314392, "pvalue": 0.0167929037096364, "lower": 0.09875463643667964, "upper": 0.9626529152876224 }, { "event_time": -5, "estimate": 0.3206662890159762, "se": 0.14201201480523234, "pvalue": 0.027157610532743223, "lower": 0.037285725582380136, "upper": 0.6040468524495723 }, { "event_time": -4, "estimate": 0.04265451760166805, "se": 0.1480268325579689, "pvalue": 0.774105371041623, "lower": -0.25272842778572646, "upper": 0.33803746298906256 }, { "event_time": -3, "estimate": 0.027702353665078772, "se": 0.07883951098201418, "pvalue": 0.7263923108105421, "lower": -0.12961944106865245, "upper": 0.18502414839881 }, { "event_time": -2, "estimate": -0.04030182628126547, "se": 0.06963201779999856, "pvalue": 0.5646478707944709, "lower": -0.17925035443393242, "upper": 0.09864670187140148 }, { "event_time": 0, "estimate": 0.5634319251607505, "se": 0.093489854458073, "pvalue": 7.637694099821007e-08, "lower": 0.376875825185768, "upper": 0.7499880251357329 }, { "event_time": 1, "estimate": 0.7488199999817218, "se": 0.12966076381018352, "pvalue": 2.0912472535693984e-07, "lower": 0.49008597417303756, "upper": 1.007554025790406 }, { "event_time": 2, "estimate": 0.7608164019966762, "se": 0.11910244938296889, "pvalue": 1.7637322830331854e-08, "lower": 0.5231511645957663, "upper": 0.9984816393975862 }, { "event_time": 3, "estimate": 0.8957253948679168, "se": 0.1292131496842759, "pvalue": 1.8790123413849694e-09, "lower": 0.6378845691407504, "upper": 1.1535662205950832 }, { "event_time": 4, "estimate": 0.8344823960226102, "se": 0.14982264034720572, "pvalue": 4.717848145044281e-07, "lower": 0.5355159719849739, "upper": 1.1334488200602464 }, { "event_time": 5, "estimate": 0.755203953168421, "se": 0.16260591936374777, "pvalue": 1.6113670752472397e-05, "lower": 0.430728893011476, "upper": 1.0796790133253662 }, { "event_time": 6, "estimate": 0.9216414037269279, "se": 0.22589739707776083, "pvalue": 0.00012064162572901451, "lower": 0.47087016616738553, "upper": 1.3724126412864703 }, { "event_time": 7, "estimate": 0.9278820639698497, "se": 0.17657099498834916, "pvalue": 1.6107459596232316e-06, "lower": 0.5755401292789444, "upper": 1.280223998660755 }, { "event_time": 8, "estimate": 0.9096211031869526, "se": 0.2167608212667021, "pvalue": 8.04575421730588e-05, "lower": 0.4770816187980313, "upper": 1.3421605875758738 }, { "event_time": 9, "estimate": 0.9678009285487604, "se": 0.20961641534356742, "pvalue": 1.781573325740661e-05, "lower": 0.5495178842129778, "upper": 1.386083972884543 }, { "event_time": 10, "estimate": 0.929130171240838, "se": 0.1932368014966051, "pvalue": 8.785905835922537e-06, "lower": 0.5435321374454867, "upper": 1.3147282050361893 }, { "event_time": 11, "estimate": 0.8360970938144131, "se": 0.16804667970730075, "pvalue": 4.690136965524793e-06, "lower": 0.5007651654285525, "upper": 1.1714290222002737 }, { "event_time": 12, "estimate": 0.8642960596288197, "se": 0.17231429105785448, "pvalue": 4.024275444092546e-06, "lower": 0.5204482453815118, "upper": 1.2081438738761276 } ], "BJS / did2s": [ { "event_time": -10, "estimate": 0.40235154855525057, "se": 0.1272087831984036, "pvalue": 0.002334922110143853, "lower": 0.14851037387784155, "upper": 0.6561927232326596 }, { "event_time": -9, "estimate": 0.4394477866707252, "se": 0.11127018183674182, "pvalue": 0.00018860207128776888, "lower": 0.21741159582095765, "upper": 0.6614839775204928 }, { "event_time": -8, "estimate": 0.28756066059079116, "se": 0.07852469573276531, "pvalue": 0.0004904874426807616, "lower": 0.13086706990607638, "upper": 0.44425425127550594 }, { "event_time": -7, "estimate": 0.3126208758711725, "se": 0.07078799255808726, "pvalue": 3.689460638505649e-05, "lower": 0.17136563600322238, "upper": 0.45387611573912257 }, { "event_time": -6, "estimate": 0.07529742818963024, "se": 0.09550808252566399, "pvalue": 0.43320968553465933, "lower": -0.11528598319076978, "upper": 0.2658808395700303 }, { "event_time": -5, "estimate": 0.04708572801978408, "se": 0.07261318921949972, "pvalue": 0.5188803823064146, "lower": -0.09781163507976404, "upper": 0.1919830911193322 }, { "event_time": -4, "estimate": -0.14735086404384287, "se": 0.06929475218919971, "pvalue": 0.037099384006695484, "lower": -0.285626389148521, "upper": -0.009075338939164734 }, { "event_time": -3, "estimate": -0.10254177883239944, "se": 0.04892277823304789, "pvalue": 0.0398072771002316, "lower": -0.20016566283567871, "upper": -0.004917894829120181 }, { "event_time": -2, "estimate": -0.14137984171684206, "se": 0.05495967863850589, "pvalue": 0.012287007688261064, "lower": -0.251050172921349, "upper": -0.03170951051233513 }, { "event_time": -1, "estimate": -0.08801005245919569, "se": 0.06462358753179485, "pvalue": 0.17772824215536334, "lower": -0.21696441361642932, "upper": 0.040944308698037946 }, { "event_time": 0, "estimate": 0.45946971238898265, "se": 0.1220320893832565, "pvalue": 0.00034965885368457256, "lower": 0.21595846938722468, "upper": 0.7029809553907407 }, { "event_time": 1, "estimate": 0.6515175866456677, "se": 0.1510954646879319, "pvalue": 5.3541826132029974e-05, "lower": 0.35001128118094466, "upper": 0.9530238921103908 }, { "event_time": 2, "estimate": 0.6675860981098722, "se": 0.1400164994294957, "pvalue": 1.0209170237741542e-05, "lower": 0.3881875236107492, "upper": 0.9469846726089952 }, { "event_time": 3, "estimate": 0.8249260509027121, "se": 0.16594775876650308, "pvalue": 4.768588280895575e-06, "lower": 0.49378245404374077, "upper": 1.1560696477616834 }, { "event_time": 4, "estimate": 0.7772575498824313, "se": 0.1901261604224411, "pvalue": 0.00011727184351321516, "lower": 0.39786670370740385, "upper": 1.156648396057459 }, { "event_time": 5, "estimate": 0.6829531991788852, "se": 0.20117387700813028, "pvalue": 0.0011498046418754336, "lower": 0.28151697779387275, "upper": 1.0843894205638978 }, { "event_time": 6, "estimate": 1.1421431664900747, "se": 0.29760571289729537, "pvalue": 0.0002746561839169739, "lower": 0.548280212587492, "upper": 1.7360061203926573 }, { "event_time": 7, "estimate": 1.126983746419131, "se": 0.2334299394250335, "pvalue": 8.163594825387938e-06, "lower": 0.6611815546309263, "upper": 1.5927859382073357 }, { "event_time": 8, "estimate": 1.1124820950814585, "se": 0.28015949300845616, "pvalue": 0.0001753050629257599, "lower": 0.5534325309379478, "upper": 1.6715316592249692 }, { "event_time": 9, "estimate": 1.1623951286395366, "se": 0.2627468882468456, "pvalue": 3.5886770507347475e-05, "lower": 0.6380918763130872, "upper": 1.6866983809659861 }, { "event_time": 10, "estimate": 0.9273235294806705, "se": 0.263521380822118, "pvalue": 0.0007775766544737079, "lower": 0.4014748012826419, "upper": 1.4531722576786992 }, { "event_time": 11, "estimate": 0.8331521254792716, "se": 0.2251285332625934, "pvalue": 0.00043218281040694346, "lower": 0.38391513177539643, "upper": 1.282389119183147 }, { "event_time": 12, "estimate": 0.8343737141682653, "se": 0.20477415850081634, "pvalue": 0.00012287121630915576, "lower": 0.425753242920196, "upper": 1.2429941854163347 } ], "Sun\u2013Abraham": [ { "event_time": -10, "estimate": 1.2783628501756237, "se": 0.22555817519807386, "pvalue": 3.2069572947339726e-07, "lower": 0.8282685193378578, "upper": 1.7284571810133895 }, { "event_time": -9, "estimate": 1.1894656944335913, "se": 0.20724053159348477, "pvalue": 2.410224591917566e-07, "lower": 0.7759236523057875, "upper": 1.603007736561395 }, { "event_time": -8, "estimate": 1.0587387265430788, "se": 0.18432027635642229, "pvalue": 2.3677297988566702e-07, "lower": 0.6909333416412754, "upper": 1.426544111444882 }, { "event_time": -7, "estimate": 0.841388676779725, "se": 0.18830925022442954, "pvalue": 3.061633690930485e-05, "lower": 0.46562341845602756, "upper": 1.2171539351034224 }, { "event_time": -6, "estimate": 0.5130328245717987, "se": 0.2284440782030263, "pvalue": 0.027972165364409603, "lower": 0.05717976394853019, "upper": 0.9688858851950671 }, { "event_time": -5, "estimate": 0.30289273700708447, "se": 0.15766373013940027, "pvalue": 0.05890829301201119, "lower": -0.01172033809942774, "upper": 0.6175058121135967 }, { "event_time": -4, "estimate": 0.028921253998559066, "se": 0.15998021395696965, "pvalue": 0.8570778346293598, "lower": -0.2903142925960729, "upper": 0.348156800593191 }, { "event_time": -3, "estimate": 0.014501656976096683, "se": 0.08538602340319439, "pvalue": 0.8656430443922054, "lower": -0.1558834999033192, "upper": 0.18488681385551256 }, { "event_time": -2, "estimate": -0.05135282836841659, "se": 0.06493672538593928, "pvalue": 0.4318024663909644, "lower": -0.18093204638485003, "upper": 0.07822638964801684 }, { "event_time": 0, "estimate": 0.5548236119496841, "se": 0.09011489875219163, "pvalue": 4.5141859261656405e-08, "lower": 0.3750021312307398, "upper": 0.7346450926686284 }, { "event_time": 1, "estimate": 0.7509738744430284, "se": 0.13114029523273282, "pvalue": 2.538495978656593e-07, "lower": 0.4892874896475729, "upper": 1.012660259238484 }, { "event_time": 2, "estimate": 0.7531233351846633, "se": 0.11823057632156504, "pvalue": 1.8979127583066466e-08, "lower": 0.5171978933899354, "upper": 0.9890487769793913 }, { "event_time": 3, "estimate": 0.8698421771817619, "se": 0.1240294146403517, "pvalue": 1.3430061384499426e-09, "lower": 0.6223453336835103, "upper": 1.1173390206800136 }, { "event_time": 4, "estimate": 0.8267201646319389, "se": 0.15002905207217831, "pvalue": 5.958928852307741e-07, "lower": 0.5273418524100368, "upper": 1.126098476853841 }, { "event_time": 5, "estimate": 0.731477731549991, "se": 0.1573492635248383, "pvalue": 1.585699530993713e-05, "lower": 0.41749216480280904, "upper": 1.045463298297173 }, { "event_time": 6, "estimate": 0.8913077847903239, "se": 0.22002836339481738, "pvalue": 0.00013333452582777152, "lower": 0.4522480216026104, "upper": 1.3303675479780375 }, { "event_time": 7, "estimate": 0.8988140779876062, "se": 0.19908434691521068, "pvalue": 2.5864572626410358e-05, "lower": 0.5015474489843025, "upper": 1.2960807069909097 }, { "event_time": 8, "estimate": 0.8957353543253879, "se": 0.2270110000598659, "pvalue": 0.0001909175805166547, "lower": 0.44274195661310717, "upper": 1.3487287520376685 }, { "event_time": 9, "estimate": 0.9354856279045094, "se": 0.21875726949435964, "pvalue": 6.073525178465767e-05, "lower": 0.4989622931040893, "upper": 1.3720089627049294 }, { "event_time": 10, "estimate": 0.7115454812125108, "se": 0.3371601502930802, "pvalue": 0.03850438561239158, "lower": 0.03875287638645264, "upper": 1.384338086038569 }, { "event_time": 11, "estimate": 0.6173740772114132, "se": 0.2763716152243935, "pvalue": 0.02878485727540824, "lower": 0.0658831055020529, "upper": 1.1688650489207735 }, { "event_time": 12, "estimate": 0.6185956659011411, "se": 0.26935571271133657, "pvalue": 0.02472945382727415, "lower": 0.08110470968252648, "upper": 1.1560866221197559 } ] }, "target": { "event_times": [ 0.0, 1.0, 2.0, 3.0, 4.0, 5.0, 6.0, 7.0, 8.0, 9.0, 10.0, 11.0, 12.0 ], "weights": [ 0.152317880794702, 0.152317880794702, 0.152317880794702, 0.12582781456953643, 0.11258278145695365, 0.11258278145695365, 0.033112582781456956, 0.033112582781456956, 0.033112582781456956, 0.033112582781456956, 0.019867549668874173, 0.019867549668874173, 0.019867549668874173 ], "weighting": "observations" }, "checks": { "did2s_vs_direct_imputation_max_post_difference": 2.220446049250313e-16, "package_aggregate_vs_estimable_cell_weights": 1.1102230246251565e-16, "saturated_vs_deviations_relative_rss_difference": 2.7522407301315174e-13 }, "inference": { "standard_errors": "Cluster-robust; did2s uses two-stage covariance", "confidence_intervals": "Pointwise t, clusters minus one degrees of freedom" }, "f_test": { "F": 0.8036710746594808, "df_num": 19, "df_den": 668, "pvalue": 0.7040545930389419, "log10_pvalue": -0.15239366395971649, "inference": "Homoskedastic nested-model F", "observations": 814, "design_columns": 62, "restricted_design_columns": 43, "fixed_effect_rank": 84, "covariance_rank": 19, "rss_unrestricted": 83.80159827684975, "rss_restricted": 85.71721128637283, "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.-10.0]", "C(rel_time, contr.treatment(base=-1.0))[T.-9.0]", "C(rel_time, contr.treatment(base=-1.0))[T.-8.0]", "C(rel_time, contr.treatment(base=-1.0))[T.-7.0]", "C(rel_time, contr.treatment(base=-1.0))[T.-6.0]", "C(rel_time, contr.treatment(base=-1.0))[T.-5.0]" ], "data": [ [ -1.3390391755485675e-06, 0.0001823648091996631, 0.00011412886316577692, 0.00019244208968689105, 0.0009513468361609414, 0.8026588284194174 ], [ 1.1670813839028557e-06, -0.00020329164403855266, -4.294898950107096e-05, -0.00021307546332271268, -0.0010629183903647834, -0.1341126774364513 ], [ -1.2684804855021277e-06, 0.0001724118487446233, 0.00010855168189450623, 0.00018195035128178695, 0.0008994064393907064, -0.1328752631129479 ], [ 1.1670813839028557e-06, -0.00020329164403855266, -4.294898950107096e-05, -0.00021307546332271268, -0.0010629183903647834, -0.1341126774364513 ], [ 9.226684998676474e-08, 1.727005921749429e-05, -4.559301237508605e-05, 1.7253817134972512e-05, 9.169505861493301e-05, -0.13385273612892615 ] ] }, "formula": "y~i(rel_time,ref=-1.0)+i(rel_time,cohort_dummy_7,ref=-1.0)+i(rel_time,cohort_dummy_11,ref=-1.0)+i(rel_time,cohort_dummy_13,ref=-1.0)+i(rel_time,cohort_dummy_14,ref=-1.0)|unit_fe+time_fe", "restriction_names": [ "C(rel_time, contr.treatment(base=-1.0))[T.1.0]:cohort_dummy_7", "C(rel_time, contr.treatment(base=-1.0))[T.2.0]:cohort_dummy_7", "C(rel_time, contr.treatment(base=-1.0))[T.3.0]:cohort_dummy_7", "C(rel_time, contr.treatment(base=-1.0))[T.4.0]:cohort_dummy_7", "C(rel_time, contr.treatment(base=-1.0))[T.5.0]:cohort_dummy_7", "C(rel_time, contr.treatment(base=-1.0))[T.6.0]:cohort_dummy_7", "C(rel_time, contr.treatment(base=-1.0))[T.7.0]:cohort_dummy_7", "C(rel_time, contr.treatment(base=-1.0))[T.8.0]:cohort_dummy_7", "C(rel_time, contr.treatment(base=-1.0))[T.9.0]:cohort_dummy_7", "C(rel_time, contr.treatment(base=-1.0))[T.1.0]:cohort_dummy_11", "C(rel_time, contr.treatment(base=-1.0))[T.2.0]:cohort_dummy_11", "C(rel_time, contr.treatment(base=-1.0))[T.3.0]:cohort_dummy_11", "C(rel_time, contr.treatment(base=-1.0))[T.4.0]:cohort_dummy_11", "C(rel_time, contr.treatment(base=-1.0))[T.5.0]:cohort_dummy_11", "C(rel_time, contr.treatment(base=-1.0))[T.1.0]:cohort_dummy_13", "C(rel_time, contr.treatment(base=-1.0))[T.2.0]:cohort_dummy_13", "C(rel_time, contr.treatment(base=-1.0))[T.3.0]:cohort_dummy_13", "C(rel_time, contr.treatment(base=-1.0))[T.1.0]:cohort_dummy_14", "C(rel_time, contr.treatment(base=-1.0))[T.2.0]:cohort_dummy_14" ], "deviations": [ { "event_time": -3.0, "cohort": 7, "estimate": -0.10684424499094194 }, { "event_time": -2.0, "cohort": 7, "estimate": 0.1220781849911246 }, { "event_time": 0.0, "cohort": 7, "estimate": 0.3762870700324917 }, { "event_time": 1.0, "cohort": 7, "estimate": 0.3011987826369068 }, { "event_time": 2.0, "cohort": 7, "estimate": 0.17149799435282753 }, { "event_time": 3.0, "cohort": 7, "estimate": 0.17832553479039442 }, { "event_time": 4.0, "cohort": 7, "estimate": 0.532898627155354 }, { "event_time": 5.0, "cohort": 7, "estimate": 0.8874688328142051 }, { "event_time": 6.0, "cohort": 7, "estimate": 1.0247945140719608 }, { "event_time": 7.0, "cohort": 7, "estimate": 0.7615888782432951 }, { "event_time": 8.0, "cohort": 7, "estimate": 0.8759043355711207 }, { "event_time": 9.0, "cohort": 7, "estimate": 0.7996985186742387 }, { "event_time": -10.0, "cohort": 11, "estimate": 0.22357887240036955 }, { "event_time": -9.0, "cohort": 11, "estimate": 0.08217657730598804 }, { "event_time": -8.0, "cohort": 11, "estimate": 0.18643329753768131 }, { "event_time": -7.0, "cohort": 11, "estimate": -0.05380457960984661 }, { "event_time": -6.0, "cohort": 11, "estimate": -0.09813768582630349 }, { "event_time": -5.0, "cohort": 11, "estimate": -0.08436560423733319 }, { "event_time": -4.0, "cohort": 11, "estimate": -0.21942614604718835 }, { "event_time": -3.0, "cohort": 11, "estimate": -0.16992143392111791 }, { "event_time": -2.0, "cohort": 11, "estimate": 0.3575245195324107 }, { "event_time": 0.0, "cohort": 11, "estimate": 0.30761179948163864 }, { "event_time": 1.0, "cohort": 11, "estimate": 0.26122468255120956 }, { "event_time": 2.0, "cohort": 11, "estimate": 0.23587612434716992 }, { "event_time": 3.0, "cohort": 11, "estimate": 0.021860985826910678 }, { "event_time": 4.0, "cohort": 11, "estimate": 0.10869528934336792 }, { "event_time": 5.0, "cohort": 11, "estimate": 0.2080191526823998 }, { "event_time": -5.0, "cohort": 13, "estimate": -0.041935761147202766 }, { "event_time": -4.0, "cohort": 13, "estimate": -0.2979684638761282 }, { "event_time": -3.0, "cohort": 13, "estimate": -0.22204097627853636 }, { "event_time": -2.0, "cohort": 13, "estimate": 0.23416846967887617 }, { "event_time": 0.0, "cohort": 13, "estimate": 0.07804590099553271 }, { "event_time": 1.0, "cohort": 13, "estimate": -0.04463428883479778 }, { "event_time": 2.0, "cohort": 13, "estimate": -0.12989043462058092 }, { "event_time": 3.0, "cohort": 13, "estimate": -0.28672344775374214 }, { "event_time": -3.0, "cohort": 14, "estimate": -0.10318895244170831 }, { "event_time": -2.0, "cohort": 14, "estimate": 0.5985273518233731 }, { "event_time": 0.0, "cohort": 14, "estimate": 0.4332895007792338 }, { "event_time": 1.0, "cohort": 14, "estimate": 0.412126280641375 }, { "event_time": 2.0, "cohort": 14, "estimate": 0.03240151933512507 } ] } } }, "code_sha256": { "replication_engine.py": "4d1c3ebb7851c82ad64d9ac8e54247610500cbb6d72e579ec3a30184da092d06", "reference_f_test.py": "9cf8f31eeda89784ac1750ea22c35401ae46e24e06279acf938d2d103b78cccf", "sparse_did2s.py": "75169d7fbba6e1bad163e564ac9b5b1262a04033eda925dc379dc3eef64c59fa", "frequency.py": "8f922ae4be2b63ad9b89515d8e665cda4e11a354258b54ef3b820648243642eb", "sparse_models.py": "538c06b81a46a104838d662d6e6489d0d2daa7f680fd234049f28c97c87ef555" } } }, { "study_id": 17, "specification_id": "S17-P002", "source_specification_id": "TN-F2-BASELINE", "role": "active_comparison", "published_source_location": "", "outcome_label": "", "outcome_variable": "", "treatment_label": "", "unit_fixed_effects": "", "time_fixed_effects": "", "allowed_adjustments": "", "published_weights": "", "published_clustering": "", "panel_structure": "", "design": "", "descriptive_metadata_status": "not_recorded_in_exported_source_metadata", "title": "Trading Nontradables", "status": "ready", "reason": "", "config": "analyses/full-archive/configs/S17-P002.json", "input_bytes": 15836, "specification_type": "event_study_post_average", "run_status": "completed", "result": { "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": 6, "post_weighting": "equal_periods", "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": "s17-p002", "specification_id": "S17-P002", "source_specification_id": "TN-F2-BASELINE", "study_id": 17, "study": "Trading Nontradables", "citation": "Mu\u00f1oz (2024), QJE. https://doi.org/10.1093/qje/qjad032", "description": "TN-F2-BASELINE", "data": "analyses/full-archive/prepared/S17-P002.parquet", "output_dir": "analyses/full-archive/results/S17-P002" }, "source": { "file": "S17-P002.parquet", "bytes": 15836, "sha256": "bfdf6c8d2f5f6d9b6d7072cd485feec451105846f2fe1fb6fbf4ffa0159ebc4e" }, "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": 977, "source_sd": 2.3129919397814978, "rows": 913, "units": 71, "clusters": 71, "treated_units": 23, "never_treated_units": 48, "treated_cohorts": 5, "latest_cohort_control_index": null, "unique_unit_period_cells": 913, "unsupported_prediction_rows_removed": 0, "rows_without_never_control_time_fe_removed": 0, "initially_treated_units_removed": 5, "post_adoption_untreated_rows_removed": 0, "units_without_minus_one_removed": 0, "additional_rows_removed": 0 }, "estimates": [ { "method": "Static TWFE", "estimate": 0.543182002054527, "se": 0.14390601909860018, "pvalue": 0.0003325689272707586, "lower": 0.25617049695702576, "upper": 0.8301935071520283 }, { "method": "Dynamic TWFE", "estimate": 0.7888758993762184, "se": 0.11904766121821768, "pvalue": 5.946896965115709e-09, "lower": 0.5514428257730417, "upper": 1.026308972979395 }, { "method": "BJS / did2s", "estimate": 0.704689893607495, "se": 0.14175818755285477, "pvalue": 4.552215759756984e-06, "lower": 0.42196210345466123, "upper": 0.9874176837603288 }, { "method": "Sun\u2013Abraham", "estimate": 0.7967550027391155, "se": 0.11013916432327171, "pvalue": 4.667035279921349e-10, "lower": 0.5770893659533174, "upper": 1.0164206395249136 } ], "event_studies": { "Dynamic TWFE": [ { "event_time": -13, "estimate": 0.8295106520322443, "se": 0.27863829395664563, "pvalue": 0.003995076232107142, "lower": 0.2737840978045012, "upper": 1.3852372062599874 }, { "event_time": -12, "estimate": 0.8450423353794048, "se": 0.26035019099419415, "pvalue": 0.0017982339500356337, "lower": 0.3257902524038675, "upper": 1.364294418354942 }, { "event_time": -11, "estimate": 0.8940392348354579, "se": 0.24269917774826458, "pvalue": 0.0004490436870671094, "lower": 0.4099909877379674, "upper": 1.3780874819329485 }, { "event_time": -10, "estimate": 0.9876061055696738, "se": 0.19310197010154873, "pvalue": 2.6283367841052175e-06, "lower": 0.602476370043015, "upper": 1.3727358410963326 }, { "event_time": -9, "estimate": 0.9837642309839643, "se": 0.15029402826451282, "pvalue": 8.324122480737859e-09, "lower": 0.6840122433356324, "upper": 1.2835162186322961 }, { "event_time": -8, "estimate": 0.7666113527214161, "se": 0.15720565458941926, "pvalue": 6.517419662153168e-06, "lower": 0.45307456102799604, "upper": 1.0801481444148362 }, { "event_time": -7, "estimate": 0.7714438303694215, "se": 0.16030679254137994, "pvalue": 8.300886241119474e-06, "lower": 0.451722014055889, "upper": 1.091165646682954 }, { "event_time": -6, "estimate": 0.5267714063134895, "se": 0.19371236815177612, "pvalue": 0.008241902478143326, "lower": 0.14042427026250448, "upper": 0.9131185423644745 }, { "event_time": -5, "estimate": 0.33379931040510663, "se": 0.13750815059030913, "pvalue": 0.01777927026436328, "lower": 0.05954795169677318, "upper": 0.6080506691134401 }, { "event_time": -4, "estimate": 0.16463832477017143, "se": 0.13584215322883406, "pvalue": 0.22959415756139992, "lower": -0.10629030697232328, "upper": 0.43556695651266614 }, { "event_time": -3, "estimate": 0.009031084290642854, "se": 0.07678020241515544, "pvalue": 0.9067035768448591, "lower": -0.1441022008554468, "upper": 0.16216436943673254 }, { "event_time": -2, "estimate": -0.055427598406822196, "se": 0.06748698217003009, "pvalue": 0.4142593302120341, "lower": -0.19002614020817055, "upper": 0.07917094339452614 }, { "event_time": 0, "estimate": 0.5726613849826094, "se": 0.08949509109540772, "pvalue": 1.5283535821713412e-08, "lower": 0.39416905398058527, "upper": 0.7511537159846335 }, { "event_time": 1, "estimate": 0.75360193466623, "se": 0.12438150365175094, "pvalue": 6.167482033790569e-08, "lower": 0.5055308477652747, "upper": 1.0016730215671854 }, { "event_time": 2, "estimate": 0.7675711729344342, "se": 0.11517610500412234, "pvalue": 5.081990920880622e-09, "lower": 0.5378596747249575, "upper": 0.9972826711439109 }, { "event_time": 3, "estimate": 0.9102034977394988, "se": 0.12338919939186078, "pvalue": 2.5573485794647956e-10, "lower": 0.664111499280637, "upper": 1.1562954961983607 }, { "event_time": 4, "estimate": 0.8323345634659789, "se": 0.14212803982530675, "pvalue": 1.4026155920994601e-07, "lower": 0.548869126215094, "upper": 1.1158000007168638 }, { "event_time": 5, "estimate": 0.7543766565285356, "se": 0.15502485218083867, "pvalue": 6.776517150345244e-06, "lower": 0.44518933809222866, "upper": 1.0635639749648425 }, { "event_time": 6, "estimate": 0.9313820853162422, "se": 0.20757137947076917, "pvalue": 2.765533733875218e-05, "lower": 0.5173940227582005, "upper": 1.3453701478742839 }, { "event_time": 7, "estimate": 0.9388132976705893, "se": 0.1546863194567352, "pvalue": 5.912758606051208e-08, "lower": 0.6303011614627834, "upper": 1.2473254338783952 }, { "event_time": 8, "estimate": 0.9121303028229623, "se": 0.1955530784801767, "pvalue": 1.4417674100226894e-05, "lower": 0.5221119857809946, "upper": 1.30214861986493 }, { "event_time": 9, "estimate": 0.9753855598583832, "se": 0.18811083678280868, "pvalue": 1.9998425209778085e-06, "lower": 0.6002103258524172, "upper": 1.3505607938643491 }, { "event_time": 10, "estimate": 0.9435427051158681, "se": 0.17357746574603491, "pvalue": 7.507562686397402e-07, "lower": 0.5973533656647843, "upper": 1.289732044566952 }, { "event_time": 11, "estimate": 0.8386340288026328, "se": 0.14674020552011402, "pvalue": 2.474370258283431e-07, "lower": 0.5459699171243864, "upper": 1.1312981404808793 }, { "event_time": 12, "estimate": 0.8695063375688484, "se": 0.1477135409111516, "pvalue": 1.2414995477868835e-07, "lower": 0.5749009696645163, "upper": 1.1641117054731804 } ], "BJS / did2s": [ { "event_time": -13, "estimate": 0.09562091706600871, "se": 0.16234979122382068, "pvalue": 0.5577700973304178, "lower": -0.22817553163908322, "upper": 0.41941736577110067 }, { "event_time": -12, "estimate": 0.12036958747723346, "se": 0.1501764001817922, "pvalue": 0.4255423801741844, "lower": -0.17914779835753403, "upper": 0.419886973312001 }, { "event_time": -11, "estimate": 0.20361321517610426, "se": 0.13836572350509707, "pvalue": 0.14562182588581915, "lower": -0.07234851877953208, "upper": 0.4795749491317406 }, { "event_time": -10, "estimate": 0.3415355949220587, "se": 0.10782606436176333, "pvalue": 0.0022791209543711745, "lower": 0.12648329054272944, "upper": 0.556587899301388 }, { "event_time": -9, "estimate": 0.3490923587172543, "se": 0.1011836516008554, "pvalue": 0.0009535275529828166, "lower": 0.1472879288599823, "upper": 0.5508967885745263 }, { "event_time": -8, "estimate": 0.1866916202402402, "se": 0.09991301663631699, "pvalue": 0.06587145072254559, "lower": -0.012578608088242349, "upper": 0.38596184856872273 }, { "event_time": -7, "estimate": 0.20219781681916663, "se": 0.07428591027874536, "pvalue": 0.008184986245804196, "lower": 0.05403924047753228, "upper": 0.35035639316080097 }, { "event_time": -6, "estimate": 0.06119441575391447, "se": 0.09081444514899864, "pvalue": 0.5026320318710912, "lower": -0.11992928393615718, "upper": 0.2423181154439861 }, { "event_time": -5, "estimate": 0.029858471342859703, "se": 0.07727473350872997, "pvalue": 0.7003771289240078, "lower": -0.12426112496917979, "upper": 0.1839780676548992 }, { "event_time": -4, "estimate": -0.04726025837689155, "se": 0.0779450508369181, "pvalue": 0.54625837786584, "lower": -0.20271676044493275, "upper": 0.10819624369114966 }, { "event_time": -3, "estimate": -0.1633681613094197, "se": 0.049189771166076444, "pvalue": 0.0014267463548282156, "lower": -0.26147406644257476, "upper": -0.06526225617626462 }, { "event_time": -2, "estimate": -0.20433753033623808, "se": 0.06160570033923699, "pvalue": 0.0014459194413059986, "lower": -0.3272062253894671, "upper": -0.08146883528300908 }, { "event_time": -1, "estimate": -0.13802848468989518, "se": 0.06416896052224866, "pvalue": 0.03492861194726859, "lower": -0.26600944097924806, "upper": -0.010047528400542294 }, { "event_time": 0, "estimate": 0.4216458422453629, "se": 0.11764629094874786, "pvalue": 0.0006214163852945436, "lower": 0.18700771351494958, "upper": 0.6562839709757762 }, { "event_time": 1, "estimate": 0.6068405544400833, "se": 0.14380997047065328, "pvalue": 7.214260454897412e-05, "lower": 0.32002061229069406, "upper": 0.8936604965894726 }, { "event_time": 2, "estimate": 0.6236138247450412, "se": 0.13623388372047132, "pvalue": 1.9863993453039423e-05, "lower": 0.3519039111722128, "upper": 0.8953237383178696 }, { "event_time": 3, "estimate": 0.7745460092779447, "se": 0.15983900671795262, "pvalue": 7.317940781618452e-06, "lower": 0.45575716237101604, "upper": 1.0933348561848732 }, { "event_time": 4, "estimate": 0.719394814623602, "se": 0.18434503624961218, "pvalue": 0.00021642659964771812, "lower": 0.35173023295657085, "upper": 1.0870593962906332 }, { "event_time": 5, "estimate": 0.6270248045317098, "se": 0.19528815412595477, "pvalue": 0.0020001322545656368, "lower": 0.23753486245361438, "upper": 1.0165147466098052 }, { "event_time": 6, "estimate": 1.1597634053887214, "se": 0.26107335553721384, "pvalue": 3.253599823629747e-05, "lower": 0.6390690162106686, "upper": 1.6804577945667742 }, { "event_time": 7, "estimate": 1.139537542075143, "se": 0.19325850266032746, "pvalue": 1.192272225213494e-07, "lower": 0.7540956122040554, "upper": 1.5249794719462306 }, { "event_time": 8, "estimate": 1.1151617197015082, "se": 0.24158301641661187, "pvalue": 1.7236679642569094e-05, "lower": 0.6333395861865898, "upper": 1.5969838532164267 }, { "event_time": 9, "estimate": 1.170271041509737, "se": 0.22602598110083713, "pvalue": 2.0593272135409214e-06, "lower": 0.7194764365777347, "upper": 1.6210656464417394 }, { "event_time": 10, "estimate": 0.964430820158377, "se": 0.2209450989643246, "pvalue": 4.2994913476181424e-05, "lower": 0.5237697151199705, "upper": 1.4050919251967835 }, { "event_time": 11, "estimate": 0.8575534029494035, "se": 0.18800147220287275, "pvalue": 2.107390661987618e-05, "lower": 0.48259628972037505, "upper": 1.232510516178432 }, { "event_time": 12, "estimate": 0.8636171785772202, "se": 0.16067511326603598, "pvalue": 9.540808149177917e-07, "lower": 0.5431607697413992, "upper": 1.1840735874130413 } ], "Sun\u2013Abraham": [ { "event_time": -13, "estimate": 0.9091317178589409, "se": 0.38770796515724015, "pvalue": 0.021873831457989046, "lower": 0.13587256362005118, "upper": 1.6823908720978307 }, { "event_time": -12, "estimate": 0.8910768725648401, "se": 0.3701216022778762, "pvalue": 0.01870046385258401, "lower": 0.152892613113629, "upper": 1.6292611320160513 }, { "event_time": -11, "estimate": 1.0025109245885468, "se": 0.35914425602993066, "pvalue": 0.006759535092912319, "lower": 0.2862202918830006, "upper": 1.7188015572940931 }, { "event_time": -10, "estimate": 0.9860700823826495, "se": 0.21020972168141924, "pvalue": 1.3066165908516017e-05, "lower": 0.5668200122061349, "upper": 1.405320152559164 }, { "event_time": -9, "estimate": 0.9493918835770111, "se": 0.17139115349340384, "pvalue": 4.986770606019759e-07, "lower": 0.6075630064204947, "upper": 1.2912207607335275 }, { "event_time": -8, "estimate": 0.7514192902530934, "se": 0.16089173579888463, "pvalue": 1.4101609528712694e-05, "lower": 0.43053084139851316, "upper": 1.0723077391076736 }, { "event_time": -7, "estimate": 0.7467085867286394, "se": 0.16443578203084785, "pvalue": 2.2708341124197113e-05, "lower": 0.4187517605431989, "upper": 1.0746654129140798 }, { "event_time": -6, "estimate": 0.4838880812836143, "se": 0.20462866371082034, "pvalue": 0.02082115388962927, "lower": 0.0757690802466085, "upper": 0.8920070823206201 }, { "event_time": -5, "estimate": 0.30171973350992054, "se": 0.15120936609489366, "pvalue": 0.049895024467964615, "lower": 0.00014216212286893848, "upper": 0.6032973048969721 }, { "event_time": -4, "estimate": 0.15597610357586145, "se": 0.14128110082250558, "pvalue": 0.2733683925322363, "lower": -0.12580016709643033, "upper": 0.4377523742481532 }, { "event_time": -3, "estimate": -0.0037183247911833917, "se": 0.08155501686657637, "pvalue": 0.9637645954510108, "lower": -0.16637467708100834, "upper": 0.15893802749864155 }, { "event_time": -2, "estimate": -0.06471361479835397, "se": 0.06178288692394468, "pvalue": 0.29850181968272577, "lower": -0.18793569735183197, "upper": 0.05850846775512404 }, { "event_time": 0, "estimate": 0.5744212790754802, "se": 0.08739820925856569, "pvalue": 7.445886202104888e-09, "lower": 0.4001110470278527, "upper": 0.7487315111231078 }, { "event_time": 1, "estimate": 0.7632528795529857, "se": 0.12642451543905303, "pvalue": 6.733904032615241e-08, "lower": 0.511107134123649, "upper": 1.0153986249823224 }, { "event_time": 2, "estimate": 0.7679040748182167, "se": 0.11440573824038792, "pvalue": 4.164663994972508e-09, "lower": 0.539729024672007, "upper": 0.9960791249644263 }, { "event_time": 3, "estimate": 0.8850255844722236, "se": 0.11811985238081701, "pvalue": 1.5670672642983123e-10, "lower": 0.649442967246988, "upper": 1.120608201697459 }, { "event_time": 4, "estimate": 0.8400538884756248, "se": 0.14272896308445773, "pvalue": 1.2454105427464653e-07, "lower": 0.5553899475753626, "upper": 1.124717829375887 }, { "event_time": 5, "estimate": 0.7451851176460714, "se": 0.15204392232012484, "pvalue": 5.9376002694695296e-06, "lower": 0.44194307635155905, "upper": 1.0484271589405838 }, { "event_time": 6, "estimate": 1.0014421951332069, "se": 0.19461378570082136, "pvalue": 2.3288066702633827e-06, "lower": 0.6132972384692041, "upper": 1.3895871517972096 }, { "event_time": 7, "estimate": 1.0118643775561558, "se": 0.17202407326281183, "pvalue": 1.2634052756104668e-07, "lower": 0.6687731817227585, "upper": 1.354955573389553 }, { "event_time": 8, "estimate": 0.9970020324193787, "se": 0.20027499959511097, "pvalue": 4.4307951358257375e-06, "lower": 0.5975661406669301, "upper": 1.3964379241718272 }, { "event_time": 9, "estimate": 1.0439129851645719, "se": 0.19413638795792706, "pvalue": 9.455555249930081e-07, "lower": 0.6567201682760733, "upper": 1.4311058020530705 }, { "event_time": 10, "estimate": 0.9109696271342761, "se": 0.2959930121509627, "pvalue": 0.002977554757783131, "lower": 0.32063017887545653, "upper": 1.5013090753930958 }, { "event_time": 11, "estimate": 0.8040922099297126, "se": 0.2263638447156662, "pvalue": 0.0006885095430674198, "lower": 0.3526237572655781, "upper": 1.2555606625938471 }, { "event_time": 12, "estimate": 0.8101559855653482, "se": 0.2237951961337804, "pvalue": 0.0005528545452717137, "lower": 0.3638105409600251, "upper": 1.2565014301706712 } ] }, "target": { "event_times": [ 0.0, 1.0, 2.0, 3.0, 4.0, 5.0, 6.0 ], "weights": [ 0.14285714285714285, 0.14285714285714285, 0.14285714285714285, 0.14285714285714285, 0.14285714285714285, 0.14285714285714285, 0.14285714285714285 ], "weighting": "equal_periods" }, "checks": { "did2s_vs_direct_imputation_max_post_difference": 2.220446049250313e-16, "package_aggregate_vs_estimable_cell_weights": 1.1102230246251565e-16, "saturated_vs_deviations_relative_rss_difference": 8.246299146495671e-13 }, "inference": { "standard_errors": "Cluster-robust; did2s uses two-stage covariance", "confidence_intervals": "Pointwise t, clusters minus one degrees of freedom" }, "f_test": { "F": 0.7126002019175083, "df_num": 19, "df_den": 757, "pvalue": 0.8081640057069475, "log10_pvalue": -0.09250049622319263, "inference": "Homoskedastic nested-model F", "observations": 913, "design_columns": 69, "restricted_design_columns": 50, "fixed_effect_rank": 87, "covariance_rank": 19, "rss_unrestricted": 99.52062679547491, "rss_restricted": 101.30061352762661, "test_horizon": null, "reference_cohort": 5, "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.-13.0]", "C(rel_time, contr.treatment(base=-1.0))[T.-12.0]", "C(rel_time, contr.treatment(base=-1.0))[T.-11.0]", "C(rel_time, contr.treatment(base=-1.0))[T.-10.0]", "C(rel_time, contr.treatment(base=-1.0))[T.-9.0]", "C(rel_time, contr.treatment(base=-1.0))[T.-8.0]" ], "data": [ [ 8.21276561191814e-05, 7.955110355342176e-05, 8.260977563139458e-05, 0.0003322358963182093, 0.0003323597478509072, 0.0003571749337062544 ], [ -9.124064641037996e-05, -8.837819342391802e-05, -9.163106637226659e-05, -0.0003385539550808029, -0.0003687691349175521, -0.00037051161736469237 ], [ 7.785790703674131e-05, 7.541530732334549e-05, 7.831602383265047e-05, 0.00031518671917436444, 0.00031508407538644023, 0.0003387980926942656 ], [ -9.124064641037996e-05, -8.837819342391802e-05, -9.163106637226659e-05, -0.0003385539550808029, -0.0003687691349175521, -0.00037051161736469237 ], [ 7.49887009166659e-06, 7.263612732971125e-06, 7.4457455018538875e-06, 9.896306164838577e-06, 3.0032579591304302e-05, 1.5017935797455292e-05 ] ] }, "formula": "y~i(rel_time,ref=-1.0)+i(rel_time,cohort_dummy_8,ref=-1.0)+i(rel_time,cohort_dummy_12,ref=-1.0)+i(rel_time,cohort_dummy_14,ref=-1.0)+i(rel_time,cohort_dummy_15,ref=-1.0)|unit_fe+time_fe", "restriction_names": [ "C(rel_time, contr.treatment(base=-1.0))[T.1.0]:cohort_dummy_8", "C(rel_time, contr.treatment(base=-1.0))[T.2.0]:cohort_dummy_8", "C(rel_time, contr.treatment(base=-1.0))[T.3.0]:cohort_dummy_8", "C(rel_time, contr.treatment(base=-1.0))[T.4.0]:cohort_dummy_8", "C(rel_time, contr.treatment(base=-1.0))[T.5.0]:cohort_dummy_8", "C(rel_time, contr.treatment(base=-1.0))[T.6.0]:cohort_dummy_8", "C(rel_time, contr.treatment(base=-1.0))[T.7.0]:cohort_dummy_8", "C(rel_time, contr.treatment(base=-1.0))[T.8.0]:cohort_dummy_8", "C(rel_time, contr.treatment(base=-1.0))[T.9.0]:cohort_dummy_8", "C(rel_time, contr.treatment(base=-1.0))[T.1.0]:cohort_dummy_12", "C(rel_time, contr.treatment(base=-1.0))[T.2.0]:cohort_dummy_12", "C(rel_time, contr.treatment(base=-1.0))[T.3.0]:cohort_dummy_12", "C(rel_time, contr.treatment(base=-1.0))[T.4.0]:cohort_dummy_12", "C(rel_time, contr.treatment(base=-1.0))[T.5.0]:cohort_dummy_12", "C(rel_time, contr.treatment(base=-1.0))[T.1.0]:cohort_dummy_14", "C(rel_time, contr.treatment(base=-1.0))[T.2.0]:cohort_dummy_14", "C(rel_time, contr.treatment(base=-1.0))[T.3.0]:cohort_dummy_14", "C(rel_time, contr.treatment(base=-1.0))[T.1.0]:cohort_dummy_15", "C(rel_time, contr.treatment(base=-1.0))[T.2.0]:cohort_dummy_15" ], "deviations": [ { "event_time": -3.0, "cohort": 8, "estimate": -0.0076663099055443995 }, { "event_time": -2.0, "cohort": 8, "estimate": 0.17013681098039798 }, { "event_time": 0.0, "cohort": 8, "estimate": 0.16222747610245514 }, { "event_time": 1.0, "cohort": 8, "estimate": 0.0564613887990163 }, { "event_time": 2.0, "cohort": 8, "estimate": -0.08804072700019755 }, { "event_time": 3.0, "cohort": 8, "estimate": -0.053073047497278036 }, { "event_time": 4.0, "cohort": 8, "estimate": 0.30399415053520934 }, { "event_time": 5.0, "cohort": 8, "estimate": 0.6624587788087425 }, { "event_time": 6.0, "cohort": 8, "estimate": 0.7925569457232878 }, { "event_time": 7.0, "cohort": 8, "estimate": 0.5077728444144856 }, { "event_time": 8.0, "cohort": 8, "estimate": 0.6156603659460341 }, { "event_time": 9.0, "cohort": 8, "estimate": 0.5358107523164926 }, { "event_time": -10.0, "cohort": 12, "estimate": -0.37969632661444175 }, { "event_time": -9.0, "cohort": 12, "estimate": -0.22458927908027432 }, { "event_time": -8.0, "cohort": 12, "estimate": -0.11935364703037671 }, { "event_time": -7.0, "cohort": 12, "estimate": -0.059371765878802725 }, { "event_time": -6.0, "cohort": 12, "estimate": -0.06744774529757436 }, { "event_time": -5.0, "cohort": 12, "estimate": -0.03702048611854969 }, { "event_time": -4.0, "cohort": 12, "estimate": -0.8106573276991667 }, { "event_time": -3.0, "cohort": 12, "estimate": -0.03132665207211571 }, { "event_time": -2.0, "cohort": 12, "estimate": 0.3833090424056954 }, { "event_time": 0.0, "cohort": 12, "estimate": 0.12208693889244124 }, { "event_time": 1.0, "cohort": 12, "estimate": 0.02977524197884407 }, { "event_time": 2.0, "cohort": 12, "estimate": 0.01813598785129289 }, { "event_time": 3.0, "cohort": 12, "estimate": -0.19108882412686917 }, { "event_time": 4.0, "cohort": 12, "estimate": -0.12489681103960881 }, { "event_time": 5.0, "cohort": 12, "estimate": -0.0020140938020336285 }, { "event_time": -8.0, "cohort": 14, "estimate": -0.960417135361638 }, { "event_time": -7.0, "cohort": 14, "estimate": -0.6661435988273434 }, { "event_time": -6.0, "cohort": 14, "estimate": -0.4852491877403847 }, { "event_time": -5.0, "cohort": 14, "estimate": -0.010736891822335871 }, { "event_time": -4.0, "cohort": 14, "estimate": -0.9089169208846667 }, { "event_time": -3.0, "cohort": 14, "estimate": -0.0909237320718006 }, { "event_time": -2.0, "cohort": 14, "estimate": 0.28694191482005477 }, { "event_time": 0.0, "cohort": 14, "estimate": -0.10697147887176778 }, { "event_time": 1.0, "cohort": 14, "estimate": -0.27686026412081444 }, { "event_time": 2.0, "cohort": 14, "estimate": -0.3716515784823493 }, { "event_time": 3.0, "cohort": 14, "estimate": -0.507085122442787 }, { "event_time": -4.0, "cohort": 15, "estimate": -0.6117200554851108 }, { "event_time": -3.0, "cohort": 15, "estimate": 0.02945532674689305 }, { "event_time": -2.0, "cohort": 15, "estimate": 0.6245870959832204 }, { "event_time": 0.0, "cohort": 15, "estimate": 0.21903992263603317 }, { "event_time": 1.0, "cohort": 15, "estimate": 0.1471613634461856 }, { "event_time": 2.0, "cohort": 15, "estimate": -0.2173861371713932 } ] } } }, "code_sha256": { "replication_engine.py": "4d1c3ebb7851c82ad64d9ac8e54247610500cbb6d72e579ec3a30184da092d06", "reference_f_test.py": "9cf8f31eeda89784ac1750ea22c35401ae46e24e06279acf938d2d103b78cccf", "sparse_did2s.py": "75169d7fbba6e1bad163e564ac9b5b1262a04033eda925dc379dc3eef64c59fa", "frequency.py": "8f922ae4be2b63ad9b89515d8e665cda4e11a354258b54ef3b820648243642eb", "sparse_models.py": "538c06b81a46a104838d662d6e6489d0d2daa7f680fd234049f28c97c87ef555" } } }, { "study_id": 17, "specification_id": "S17-P003", "source_specification_id": "TN-F2-ORIGINDESTYEAR", "role": "active_comparison", "published_source_location": "", "outcome_label": "", "outcome_variable": "", "treatment_label": "", "unit_fixed_effects": "", "time_fixed_effects": "", "allowed_adjustments": "", "published_weights": "", "published_clustering": "", "panel_structure": "", "design": "", "descriptive_metadata_status": "not_recorded_in_exported_source_metadata", "title": "Trading Nontradables", "status": "ready", "reason": "", "config": "analyses/full-archive/configs/S17-P003.json", "input_bytes": 50620, "specification_type": "event_study_post_average", "run_status": "No common absorbing-treatment sample with observed \u22121 and untreated counterfactual support." } ]