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"hazards": { "subsample": { "max_rows": 800000, "seed": 36, "unit": "listing-days, simple random sample without replacement" }, "note_first_cut_null": { "risk_set_first_cut_null_rows_S2": 1053596, "published_B_n_rows": 318323, "published_B_n_listings": 15692, "published_B_n_events": 15692 }, "exit_recode_check": { "stored_exits_S2": 43311, "recoded_7d_exits_S2": 43311, "disagreements": 0 }, "events_baseline_reproduction": { "listings_S2": 79699, "first_cut_day_disagreements": 0, "listings_with_cut_S2L": 34730 }, "events_threshold_2pct_200": { "transient_seconds": 172800, "min_pct": 0.02, "min_abs": 200.0, "listings_with_cut": 26964, "oscillating_under_rule": 0, "listings_dropped_as_newly_oscillating": 0, "entry_price_changed_share": 0.0 }, "events_threshold_0.5pct_50": { "transient_seconds": 172800, "min_pct": 0.005, "min_abs": 50.0, "listings_with_cut": 37205, "oscillating_under_rule": 0, "listings_dropped_as_newly_oscillating": 0, "entry_price_changed_share": 0.0 }, "events_transient_24h": { "transient_seconds": 86400, "min_pct": 0.01, "min_abs": 100.0, "listings_with_cut": 34839, "oscillating_under_rule": 0, "listings_dropped_as_newly_oscillating": 0, "entry_price_changed_share": 0.0 }, "events_transient_72h": { "transient_seconds": 259200, "min_pct": 0.01, "min_abs": 100.0, "listings_with_cut": 34698, "oscillating_under_rule": 4, "listings_dropped_as_newly_oscillating": 2, "entry_price_changed_share": 0.0 }, "exit_confirm_3d": { "confirmed_exits_S2": 48284, "baseline_7d": 43311 }, "exit_confirm_14d": { "confirmed_exits_S2": 37014, "baseline_7d": 43311 }, "S2L": { "rows": 3470045, "listings": 125606, "left_censored_listings": 45907, "note": "left-censored listings enter with listing_age measured from first_seen (lower bound)" }, "results": { "B": { "published_full": { "n_rows": 318323, "n_events": 15692, "n_listings": 15692, "joint_age_bins": { "stat": 169.80932895948362, "df": 8, "p": 1.414000625241716e-32 }, "coef": { "ldens": { "b": 0.018919584034498692, "se": 0.01627908403935399, "p": 0.24515342232317672 }, "resid_A2": { "b": 0.2558872219208771, "se": 0.18605527145137654, "p": 0.16902945056234064 }, "lprice": { "b": -0.13401256064719333, "se": 0.049295119471057545, "p": 0.00655634634372644 }, "lkm": { "b": -0.07920955253798637, "se": 0.023550516594834613, "p": 0.0007699174282199426 } }, "note": "results/hazards/summary.json as published (fitted on listings with a NULL-free first_cut, i.e. eventually-cut listings only)" }, "baseline_full_nullfix": { "n_rows": 1371919, "n_events": 15692, "n_listings": 79699, "n_dealers": 911, "llf": -83300.64647255199, "joint_age_bins": { "stat": 156.98639223265488, "df": 8, "p": 6.821573207521007e-30 }, "seconds": 8.9, "coef": { "ldens": { "b": 0.019141862624844564, "se": 0.02851711282146282, "p": 0.5020668506227545, "lo": -0.03675065144828797, "hi": 0.07503437669797709 }, "resid_A2": { "b": 0.7440344265787721, "se": 0.22273242790630624, "p": 0.0008363207372747672, "lo": 0.3074868896932478, "hi": 1.1805819634642964 }, "lprice": { "b": 0.007090732683278286, "se": 0.09079788795260434, "p": 0.9377536091410988, "lo": -0.1708698575761295, "hi": 0.18505132294268606 }, "lkm": { "b": 0.11645746067072511, "se": 0.037041399231496214, "p": 0.0016666617954118814, "lo": 0.0438576522400229, "hi": 0.18905726910142734 }, "pricepos_entry": { "b": 0.3791126533218423, "se": 0.113156626620234, "p": 0.0008071376002916355, "lo": 0.1573297405341373, "hi": 0.6008955661095473 } }, "note": "full S2 first-cut risk set, NULL first_cut coded 0, no subsample" }, "baseline_sub": { "n_rows": 800000, "n_events": 9189, "n_listings": 76312, "n_dealers": 908, "llf": -48733.93756959846, "joint_age_bins": { "stat": 133.76744593180743, "df": 8, "p": 4.679498452964765e-25 }, "seconds": 4.8, "coef": { "ldens": { "b": -0.006616003069077046, "se": 0.031229131351022458, "p": 0.8322212715055906, "lo": -0.06782397578555174, "hi": 0.05459196964739765 }, "resid_A2": { "b": 0.8021738487514163, "se": 0.25847659801141776, "p": 0.0019126692267133305, "lo": 0.29556902580260014, "hi": 1.3087786717002325 }, "lprice": { "b": -0.020077470905059756, "se": 0.09662055128583714, "p": 0.8353873926334734, "lo": -0.2094502715917058, "hi": 0.16929532978158626 }, "lkm": { "b": 0.10677245048231793, "se": 0.04115204145188865, "p": 0.00947053200240862, "lo": 0.026115931346316776, "hi": 0.18742896961831906 }, "pricepos_entry": { "b": 0.37973504855147583, "se": 0.12542656822646714, "p": 0.00246545951781391, "lo": 0.13390349212314437, "hi": 0.6255666049798073 } }, "note": "S2; 1 %/100 $; 48 h; exit 7 d; subsample", "n_rows_before_subsample": 1371919, "n_events_before_subsample": 15692 }, "threshold_2pct_200": { "n_rows": 800000, "n_events": 6371, "n_listings": 75868, "n_dealers": 907, "llf": -36150.40324453752, "joint_age_bins": { "stat": 126.45955308122453, "df": 8, "p": 1.531207032603548e-23 }, "seconds": 4.7, "coef": { "ldens": { "b": -0.021729407171294252, "se": 0.030208264257705758, "p": 0.47194380581854956, "lo": -0.08093651715186613, "hi": 0.03747770280927762 }, "resid_A2": { "b": 0.9491704270750956, "se": 0.26181270709106447, "p": 0.0002885373904489523, "lo": 0.43602695048167484, "hi": 1.4623139036685164 }, "lprice": { "b": -0.20297585603820717, "se": 0.09286431164232177, "p": 0.02883572404062242, "lo": -0.3849865623062615, "hi": -0.020965149770152874 }, "lkm": { "b": 0.10280591580632405, "se": 0.038925993468652775, "p": 0.008264688401330015, "lo": 0.02651237054532324, "hi": 0.17909946106732486 }, "pricepos_entry": { "b": 0.44584448358542655, "se": 0.14794123049898242, "p": 0.0025811738564117223, "lo": 0.1558849999788824, "hi": 0.7358039671919707 } }, "note": "S2; rebuilt events (48 h, 2 %/200 $); lprice/resid_A2 from baseline entry price; subsample", "n_rows_before_subsample": 1456137, "n_events_before_subsample": 11587 }, "threshold_0.5pct_50": { "n_rows": 800000, "n_events": 10395, "n_listings": 76584, "n_dealers": 909, "llf": -53720.09909856621, "joint_age_bins": { "stat": 161.91703510100746, "df": 8, "p": 6.353149769096158e-31 }, "seconds": 4.6, "coef": { "ldens": { "b": 0.036677061125441085, "se": 0.030350591004945117, "p": 0.22687561783112165, "lo": -0.022809004153756668, "hi": 0.09616312640463884 }, "resid_A2": { "b": 0.570297002472363, "se": 0.20829317028766411, "p": 0.006182282755922169, "lo": 0.16204989048287288, "hi": 0.9785441144618532 }, "lprice": { "b": 0.07754896057244133, "se": 0.09414366161883087, "p": 0.41009297619984963, "lo": -0.10696922557319298, "hi": 0.2620671467180756 }, "lkm": { "b": 0.11748006183956124, "se": 0.03569389776580635, "p": 0.0009971818893878277, "lo": 0.04752130775072609, "hi": 0.1874388159283964 }, "pricepos_entry": { "b": 0.4741134096121097, "se": 0.11691917714481297, "p": 5.012302916324549e-05, "lo": 0.24495603330621765, "hi": 0.7032707859180017 } }, "note": "S2; rebuilt events (48 h, 0.5 %/50 $); lprice/resid_A2 from baseline entry price; subsample", "n_rows_before_subsample": 1337925, "n_events_before_subsample": 17201 }, "transient_24h": { "n_rows": 800000, "n_events": 9116, "n_listings": 76418, "n_dealers": 903, "llf": -48420.44649712341, "joint_age_bins": { "stat": 141.259209677654, "df": 8, "p": 1.2981802465697835e-26 }, "seconds": 4.5, "coef": { "ldens": { "b": 0.003032809753676576, "se": 0.028294013827198046, "p": 0.9146389660213127, "lo": -0.05242243832570989, "hi": 0.058488057833063045 }, "resid_A2": { "b": 0.7609931760338264, "se": 0.23662266499185539, "p": 0.0012996272298859486, "lo": 0.2972212747239032, "hi": 1.2247650773437497 }, "lprice": { "b": 0.0155578420673418, "se": 0.09621853734205968, "p": 0.8715477963661776, "lo": -0.1730270257682175, "hi": 0.20414270990290106 }, "lkm": { "b": 0.10891715780788602, "se": 0.040425549918225785, "p": 0.007054398178560692, "lo": 0.029684535912937363, "hi": 0.1881497797028347 }, "pricepos_entry": { "b": 0.37641516673049685, "se": 0.11711862136284622, "p": 0.001309155646117422, "lo": 0.1468668869403349, "hi": 0.6059634465206588 } }, "note": "S2; rebuilt events (24 h, 1 %/100 $); lprice/resid_A2 from baseline entry price; subsample", "n_rows_before_subsample": 1370852, "n_events_before_subsample": 15733 }, "transient_72h": { "n_rows": 800000, "n_events": 9092, "n_listings": 76428, "n_dealers": 907, "llf": -48339.09371374111, "joint_age_bins": { "stat": 137.86355198731485, "df": 8, "p": 6.598593140088049e-26 }, "seconds": 4.4, "coef": { "ldens": { "b": 0.029137693628915162, "se": 0.029624018436334235, "p": 0.3253203762033311, "lo": -0.02892431558365051, "hi": 0.08719970284148083 }, "resid_A2": { "b": 0.5984845235994212, "se": 0.2353862183232021, "p": 0.011004244803346722, "lo": 0.13713601322886287, "hi": 1.0598330339699795 }, "lprice": { "b": 0.0038395948994570926, "se": 0.09801192585204561, "p": 0.9687510468057174, "lo": -0.18826024982596257, "hi": 0.19593943962487675 }, "lkm": { "b": 0.1279363722500821, "se": 0.03754400491222568, "p": 0.0006552779984728735, "lo": 0.05435147478672488, "hi": 0.2015212697134393 }, "pricepos_entry": { "b": 0.4731881150954833, "se": 0.13309095094832268, "p": 0.0003774417057837611, "lo": 0.21233464456858392, "hi": 0.7340415856223828 } }, "note": "S2; rebuilt events (72 h, 1 %/100 $); lprice/resid_A2 from baseline entry price; subsample", "n_rows_before_subsample": 1372203, "n_events_before_subsample": 15670 }, "exit_confirm_3d": { "n_rows": 800000, "n_events": 9189, "n_listings": 76312, "n_dealers": 908, "llf": -48733.93756959846, "joint_age_bins": { "stat": 133.76744593180743, "df": 8, "p": 4.679498452964765e-25 }, "seconds": 4.4, "coef": { "ldens": { "b": -0.006616003069077046, "se": 0.031229131351022458, "p": 0.8322212715055906, "lo": -0.06782397578555174, "hi": 0.05459196964739765 }, "resid_A2": { "b": 0.8021738487514163, "se": 0.25847659801141776, "p": 0.0019126692267133305, "lo": 0.29556902580260014, "hi": 1.3087786717002325 }, "lprice": { "b": -0.020077470905059756, "se": 0.09662055128583714, "p": 0.8353873926334734, "lo": -0.2094502715917058, "hi": 0.16929532978158626 }, "lkm": { "b": 0.10677245048231793, "se": 0.04115204145188865, "p": 0.00947053200240862, "lo": 0.026115931346316776, "hi": 0.18742896961831906 }, "pricepos_entry": { "b": 0.37973504855147583, "se": 0.12542656822646714, "p": 0.00246545951781391, "lo": 0.13390349212314437, "hi": 0.6255666049798073 } }, "note": "S2; exit = inactive and last_seen <= snapshot - 3 d (exit on last observed listing-day); subsample", "n_rows_before_subsample": 1371919, "n_events_before_subsample": 15692 }, "exit_confirm_14d": { "n_rows": 800000, "n_events": 9189, "n_listings": 76312, "n_dealers": 908, "llf": -48733.93756959846, "joint_age_bins": { "stat": 133.76744593180743, "df": 8, "p": 4.679498452964765e-25 }, "seconds": 4.3, "coef": { "ldens": { "b": -0.006616003069077046, "se": 0.031229131351022458, "p": 0.8322212715055906, "lo": -0.06782397578555174, "hi": 0.05459196964739765 }, "resid_A2": { "b": 0.8021738487514163, "se": 0.25847659801141776, "p": 0.0019126692267133305, "lo": 0.29556902580260014, "hi": 1.3087786717002325 }, "lprice": { "b": -0.020077470905059756, "se": 0.09662055128583714, "p": 0.8353873926334734, "lo": -0.2094502715917058, "hi": 0.16929532978158626 }, "lkm": { "b": 0.10677245048231793, "se": 0.04115204145188865, "p": 0.00947053200240862, "lo": 0.026115931346316776, "hi": 0.18742896961831906 }, "pricepos_entry": { "b": 0.37973504855147583, "se": 0.12542656822646714, "p": 0.00246545951781391, "lo": 0.13390349212314437, "hi": 0.6255666049798073 } }, "note": "S2; exit = inactive and last_seen <= snapshot - 14 d (exit on last observed listing-day); subsample", "n_rows_before_subsample": 1371919, "n_events_before_subsample": 15692 }, "S2L_with_stock": { "n_rows": 800000, "n_events": 10588, "n_listings": 111718, "n_dealers": 949, "llf": -55209.563189165405, "joint_age_bins": { "stat": 148.84828376793763, "df": 8, "p": 3.4089193876987325e-28 }, "seconds": 4.6, "coef": { "ldens": { "b": 0.04498499163960471, "se": 0.02216729255790443, "p": 0.04242358840781761, "lo": 0.0015378965913492582, "hi": 0.08843208668786016 }, "resid_A2": { "b": 0.08554580643531341, "se": 0.1489947228664341, "p": 0.565864092385099, "lo": -0.20647848426942383, "hi": 0.37757009714005063 }, "lprice": { "b": 0.14068957658871845, "se": 0.07097484078146367, "p": 0.047451742376013184, "lo": 0.0015814448485849952, "hi": 0.27979770832885187 }, "lkm": { "b": 0.1722165346957676, "se": 0.028765630053018867, "p": 2.1389719033631545e-09, "lo": 0.1158369357992476, "hi": 0.2285961335922876 }, "pricepos_entry": { "b": 0.21582990203249433, "se": 0.08618330668364718, "p": 0.012268973714195193, "lo": 0.04691372486397574, "hi": 0.3847460792010129 } }, "note": "S2L (S2 + left-censored stock, age from first_seen); subsample", "n_rows_before_subsample": 2604993, "n_events_before_subsample": 34103 } }, "C": { "published_full": { "n_rows": 1663764, "n_events": 43311, "n_listings": 79699, "joint_age_bins": { "stat": 103.48350732513617, "df": 8, "p": 8.27234021842165e-19 }, "coef": { "ldens": { "b": 0.032635174880585587, "se": 0.0298694350387374, "p": 0.27457196040694076 }, "resid_A2": { "b": 0.1803884357069441, "se": 0.2249175737951905, "p": 0.42254127819565435 }, "lprice": { "b": -0.30650093117934923, "se": 0.11057049714499967, "p": 0.005571379024700772 }, "lkm": { "b": -0.5117116922783111, "se": 0.07033764741721567, "p": 3.462268744139904e-13 } }, "note": "results/hazards/summary.json as published (full S2 risk set)" }, "baseline_sub": { "n_rows": 800000, "n_events": 20865, "n_listings": 74869, "n_dealers": 906, "llf": -89260.66944388533, "joint_age_bins": { "stat": 100.17420063260735, "df": 8, "p": 3.933115107158467e-18 }, "seconds": 14.1, "coef": { "ldens": { "b": 0.031464767056494966, "se": 0.029243152738446705, "p": 0.2819404899594391, "lo": -0.02585075910526443, "hi": 0.08878029321825437 }, "resid_A2": { "b": 0.19955329392715446, "se": 0.22746179270353808, "p": 0.38032117412298494, "lo": -0.24626362763069584, "hi": 0.6453702154850047 }, "lprice": { "b": -0.3066006665293555, "se": 0.1095492572392021, "p": 0.005130129949932886, "lo": -0.5213132652513055, "hi": -0.0918880678074056 }, "lkm": { "b": -0.5045885162759294, "se": 0.07162722759258074, "p": 1.859325947473793e-12, "lo": -0.6449753026698413, "hi": -0.36420172988201754 }, "prior_cuts": { "b": 0.02635539519780063, "se": 0.041103292356291135, "p": 0.521393316412885, "lo": -0.0542055774665505, "hi": 0.10691636786215175 }, "pricepos_25": { "b": -0.11026689740340374, "se": 0.13880990671819116, "p": 0.42697808552881134, "lo": -0.3823293152684229, "hi": 0.16179552046161544 } }, "note": "S2; 1 %/100 $; 48 h; exit 7 d; subsample", "n_rows_before_subsample": 1663764, "n_events_before_subsample": 43311 }, "threshold_2pct_200": { "n_rows": 800000, "n_events": 20865, "n_listings": 74869, "n_dealers": 906, "llf": -89250.26318139277, "joint_age_bins": { "stat": 100.7274582657925, "df": 8, "p": 3.0312985324267937e-18 }, "seconds": 12.9, "coef": { "ldens": { "b": 0.031422627228575445, "se": 0.029261983865009614, "p": 0.2828953412509042, "lo": -0.02592980726303557, "hi": 0.08877506172018645 }, "resid_A2": { "b": 0.18277192069229206, "se": 0.22638102007421698, "p": 0.41945671281390295, "lo": -0.2609267254366122, "hi": 0.6264705668211964 }, "lprice": { "b": -0.3049451147167821, "se": 0.10971671010832208, "p": 0.005446172523043425, "lo": -0.5199859150313151, "hi": -0.08990431440224911 }, "lkm": { "b": -0.5038295535997543, "se": 0.07159485941504065, "p": 1.9609782065608486e-12, "lo": -0.6441528995314424, "hi": -0.3635062076680663 }, "prior_cuts": { "b": 0.09417847330659904, "se": 0.04397283958972476, "p": 0.03221425648774089, "lo": 0.007993291412781461, "hi": 0.1803636552004166 }, "pricepos_25": { "b": -0.09768536257144857, "se": 0.13926683376618854, "p": 0.48303727060390245, "lo": -0.3706433409941048, "hi": 0.17527261585120768 } }, "note": "S2; rebuilt events (48 h, 2 %/200 $); lprice/resid_A2 from baseline entry price; subsample", "n_rows_before_subsample": 1663764, "n_events_before_subsample": 43311 }, "threshold_0.5pct_50": { "n_rows": 800000, "n_events": 20865, "n_listings": 74869, "n_dealers": 906, "llf": -89261.68568251567, "joint_age_bins": { "stat": 101.25825121744026, "df": 8, "p": 2.3609021965996056e-18 }, "seconds": 12.8, "coef": { "ldens": { "b": 0.03228504578775424, "se": 0.02911857456480592, "p": 0.26754062061668493, "lo": -0.02478631164040944, "hi": 0.08935640321591792 }, "resid_A2": { "b": 0.20735369679905744, "se": 0.22820380453617545, "p": 0.3635434433064225, "lo": -0.23991754122686468, "hi": 0.6546249348249795 }, "lprice": { "b": -0.30619130113227666, "se": 0.10951103049435536, "p": 0.005174165194309282, "lo": -0.5208289768110808, "hi": -0.09155362545347256 }, "lkm": { "b": -0.504408486986445, "se": 0.07153285252685256, "p": 1.7709570077417082e-12, "lo": -0.644610301650491, "hi": -0.364206672322399 }, "prior_cuts": { "b": -0.013327839198681642, "se": 0.04047300010745952, "p": 0.7419274453152775, "lo": -0.09265346175558806, "hi": 0.06599778335822476 }, "pricepos_25": { "b": -0.11854621871803608, "se": 0.1385308103778986, "p": 0.39214215662203544, "lo": -0.39006161780786486, "hi": 0.15296918037179272 } }, "note": "S2; rebuilt events (48 h, 0.5 %/50 $); lprice/resid_A2 from baseline entry price; subsample", "n_rows_before_subsample": 1663764, "n_events_before_subsample": 43311 }, "transient_24h": { "n_rows": 800000, "n_events": 20865, "n_listings": 74869, "n_dealers": 906, "llf": -89261.04816629676, "joint_age_bins": { "stat": 100.65408366464628, "df": 8, "p": 3.1378457039833425e-18 }, "seconds": 12.2, "coef": { "ldens": { "b": 0.0315419494088607, "se": 0.029243932993100942, "p": 0.28077457154762986, "lo": -0.025775106023919768, "hi": 0.08885900484164116 }, "resid_A2": { "b": 0.20024142558836805, "se": 0.22765063479481412, "p": 0.3790762121120491, "lo": -0.2459456196671485, "hi": 0.6464284708438846 }, "lprice": { "b": -0.30655834042428, "se": 0.10956753450741917, "p": 0.005143700023825034, "lo": -0.5213067619336711, "hi": -0.09180991891488885 }, "lkm": { "b": -0.5045162310412573, "se": 0.07161072380124243, "p": 1.851143499531596e-12, "lo": -0.6448706705985378, "hi": -0.36416179148397687 }, "prior_cuts": { "b": 0.02277229848574279, "se": 0.040913464857992535, "p": 0.5778030263309086, "lo": -0.05741661911866773, "hi": 0.10296121609015331 }, "pricepos_25": { "b": -0.111036355154854, "se": 0.13893121710854084, "p": 0.42416390930221626, "lo": -0.38333653701590903, "hi": 0.16126382670620104 } }, "note": "S2; rebuilt events (24 h, 1 %/100 $); lprice/resid_A2 from baseline entry price; subsample", "n_rows_before_subsample": 1663764, "n_events_before_subsample": 43311 }, "transient_72h": { "n_rows": 800000, "n_events": 20647, "n_listings": 74905, "n_dealers": 905, "llf": -88479.02193034705, "joint_age_bins": { "stat": 80.57012438025802, "df": 8, "p": 3.7533875975030806e-14 }, "seconds": 12.0, "coef": { "ldens": { "b": 0.03918883853030006, "se": 0.031006218179021224, "p": 0.2062650028679729, "lo": -0.02158223239737264, "hi": 0.09995990945797276 }, "resid_A2": { "b": 0.20927625175978945, "se": 0.22376909715416715, "p": 0.3496682175604764, "lo": -0.22930311951542245, "hi": 0.6478556230350013 }, "lprice": { "b": -0.30946817350970696, "se": 0.11316391633304414, "p": 0.006243914404089707, "lo": -0.5312653738719775, "hi": -0.08767097314743647 }, "lkm": { "b": -0.5159182860353899, "se": 0.06983252634322544, "p": 1.4912467173195228e-13, "lo": -0.6527875226175563, "hi": -0.3790490494532235 }, "prior_cuts": { "b": 0.028954887079750392, "se": 0.03955620818959822, "p": 0.4641725382160855, "lo": -0.04857385633683046, "hi": 0.10648363049633125 }, "pricepos_25": { "b": -0.13471066228134898, "se": 0.14459916547002222, "p": 0.3515358474497724, "lo": -0.41811981879714033, "hi": 0.14869849423444237 } }, "note": "S2; rebuilt events (72 h, 1 %/100 $); lprice/resid_A2 from baseline entry price; subsample", "n_rows_before_subsample": 1663684, "n_events_before_subsample": 43310 }, "exit_confirm_3d": { "n_rows": 800000, "n_events": 23268, "n_listings": 74869, "n_dealers": 906, "llf": -98901.76692993195, "joint_age_bins": { "stat": 80.40631185894367, "df": 8, "p": 4.049585548007091e-14 }, "seconds": 5.0, "coef": { "ldens": { "b": 0.029529302810218358, "se": 0.028392656389660292, "p": 0.29832451684275585, "lo": -0.026119281138936856, "hi": 0.08517788675937357 }, "resid_A2": { "b": 0.14089342174164418, "se": 0.22240084134448446, "p": 0.5263998755660579, "lo": -0.295004217424952, "hi": 0.5767910609082403 }, "lprice": { "b": -0.29005743067228823, "se": 0.10428697473349403, "p": 0.005413517385436609, "lo": -0.4944561452065751, "hi": -0.08565871613800133 }, "lkm": { "b": -0.48612910366259626, "se": 0.07021165078039074, "p": 4.39789359105172e-12, "lo": -0.6237414104872657, "hi": -0.3485167968379268 }, "prior_cuts": { "b": 0.027198121624418054, "se": 0.034875646198716526, "p": 0.43547328204268165, "lo": -0.04115688886262758, "hi": 0.09555313211146368 }, "pricepos_25": { "b": -0.08860459815414008, "se": 0.13013661556601003, "p": 0.4959611400463517, "lo": -0.3436676777334543, "hi": 0.16645848142517417 } }, "note": "S2; exit = inactive and last_seen <= snapshot - 3 d (exit on last observed listing-day); subsample", "n_rows_before_subsample": 1663764, "n_events_before_subsample": 48284 }, "exit_confirm_14d": { "n_rows": 800000, "n_events": 17852, "n_listings": 74869, "n_dealers": 906, "llf": -76267.48961718245, "joint_age_bins": { "stat": 126.25607966444633, "df": 8, "p": 1.6871484079423688e-23 }, "seconds": 12.9, "coef": { "ldens": { "b": 0.03016852128975833, "se": 0.03077012211746359, "p": 0.32686475971536466, "lo": -0.030139809860369658, "hi": 0.09047685243988632 }, "resid_A2": { "b": 0.19299848973265102, "se": 0.23727767537786695, "p": 0.4159964200740617, "lo": -0.27205720834335456, "hi": 0.6580541878086567 }, "lprice": { "b": -0.3220997556739144, "se": 0.11670697115458697, "p": 0.005781877484351966, "lo": -0.5508412158816598, "hi": -0.09335829546616897 }, "lkm": { "b": -0.5239853800109883, "se": 0.06774756909133911, "p": 1.0390900114106216e-14, "lo": -0.6567681754701519, "hi": -0.39120258455182466 }, "prior_cuts": { "b": 0.04199907500688843, "se": 0.03758374887899084, "p": 0.2637892906109055, "lo": -0.031663719199931245, "hi": 0.11566186921370811 }, "pricepos_25": { "b": -0.07993918014452515, "se": 0.1453691346625493, "p": 0.5823846943422675, "lo": -0.36485744854687496, "hi": 0.20497908825782463 } }, "note": "S2; exit = inactive and last_seen <= snapshot - 14 d (exit on last observed listing-day); subsample", "n_rows_before_subsample": 1663764, "n_events_before_subsample": 37014 }, "S2L_with_stock": { "n_rows": 800000, "n_events": 17579, "n_listings": 109402, "n_dealers": 949, "llf": -80569.65767011576, "joint_age_bins": { "stat": 188.13335052721516, "df": 8, "p": 2.0111331142463394e-36 }, "seconds": 12.0, "coef": { "ldens": { "b": 0.05712034643444522, "se": 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76262 } } }, "seconds": 150.0 }, "amli": { "baseline": { "validation_noexit_fe": { "b": 0.0096490977012689, "se": 0.0013056386786525556, "lo": 0.00688126734752511, "hi": 0.01241692805501269, "p_normal": 1.4646737707617753e-13, "n": 68, "n_markets": 17, "r2": 0.6547239063742168 }, "pca_explained": 0.5607749353264909, "n_market_weeks": 153, "min_listing_days": 30, "weeks": [ 2, 10 ] }, "rank_standardisation": { "validation_noexit_fe": { "b": 0.00456575801509579, "se": 0.002902489242755708, "lo": -0.0015872443115547228, "hi": 0.010718760341746302, "p_normal": 0.1157074555670082, "n": 68, "n_markets": 17, "r2": 0.5682641676602667 }, "corr_equal_with_baseline": 0.9180473580612152, "spearman_equal_with_baseline": 0.8983722675673139 }, "min_listing_days_100": { "validation_noexit_fe": { "b": 0.0096490977012689, "se": 0.0013056386786525556, "lo": 0.00688126734752511, "hi": 0.01241692805501269, "p_normal": 1.4646737707617753e-13, "n": 68, "n_markets": 17, "r2": 0.6547239063742168 }, "n_market_weeks": 153, "n_market_weeks_baseline": 153, "cells_between_30_and_100_listing_days": 0, "min_listing_days_in_panel": 640.0, "ld_quantiles": { "0.0": 640.0, "0.05": 732.4, "0.25": 9896.0, "0.5": 13913.0 }, "corr_equal_with_baseline": 1.0, "pca_explained": 0.5607749353264909 }, "two_week_aggregation": { "validation_noexit_fe": { "b": -5.0647684885064045e-05, "se": 0.005156021981727472, "lo": -0.010980926006850408, "hi": 0.010879630637080279, "p_normal": 0.9921624934735607, "n": 34, "n_markets": 17, "r2": 0.6634647885843963 }, "periods": "weeks 2-3, 4-5, 6-7, 8-9, 10 (last period = 1 week)", "fit_periods": [ 0, 1 ], "eval_periods": [ 2, 3, 4 ], "corr_with_weekly_index_averaged": 0.9964681085768937, "pca_explained": 0.5766261256050725, "n_market_periods": 85 }, "province_vs_region": { "corr_province_equal_vs_region_weighted_equal": 0.8524653789516003, "spearman": 0.9166666666666666, "n_weeks": 9, "province_validation_pooled_eval_weeks": { "b": -0.0006758958560584832, "se": 0.0029216647285782815, "lo": -0.013246804575888553, "hi": 0.011895012863771585, "p_normal": 0.8170512221747255, "n": 4, "n_markets": 1, "r2": 0.012580488821915314 }, "province_validation_pooled_all_weeks": { "b": 0.0022401757023389093, "se": 0.0021537784758947844, "lo": -0.003029930375069011, "hi": 0.00751028177974683, "p_normal": 0.2982868200206017, "n": 8, "n_markets": 1, "r2": 0.12482414145095633 }, "region_validation": { "b": 0.0096490977012689, "se": 0.0013056386786525556, "lo": 0.00688126734752511, "hi": 0.01241692805501269, "p_normal": 1.4646737707617753e-13, "n": 68, "n_markets": 17, "r2": 0.6547239063742168 }, "note": "province index has one market: pooled OLS with HC SEs on 4 (eval) / 8 (all) weekly points, descriptive only", "series": { "week": [ 2, 3, 4, 5, 6, 7, 8, 9, 10 ], "amli_equal": [ -0.06941969332772775, -0.6549769919354844, 0.4836634206379585, 0.6297880620022692, 0.35219376500088806, -0.07375981896116887, -0.5538908979593957, -0.13464425921308032, 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