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spb/wp29_uqo

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1{2  "task_id": "F1-conf-03",3  "n_analysed": 1800,4  "n_firms": 300,5  "predictors_used": [6    "leverage",7    "cash_ratio",8    "log_sales"9  ],10  "variables_excluded": [11    {12      "variable": "rating_2025",13      "reason": "Final-vintage field assigned in 2025 using realised default history through 2022 and sample-average leverage; not known at end of origin year t (outcome leakage)."14    }15  ],16  "beta_leverage": 0.2637836102938267,17  "se_leverage_cluster": 0.0407569280434615,18  "r2": 0.03490564212216729,19  "default_rate": 0.12111111111111111,20  "feasibility": "complete",21  "feasibility_reason": null,22  "data_issues": [23    {24      "issue": "40 exact duplicate rows (40 duplicated firm_id-year keys, all with identical values)",25      "handling": "kept one copy of each; after dedup the panel is balanced (300 firms x 7 years)"26    },27    {28      "issue": "300 unique firm-years with empty default_next (origin years [2022]; outcome year not observed by end-2022 data cut)",29      "handling": "excluded from estimation, not imputed; listed in exclusions.csv"30    },31    {32      "issue": "rating_2025 is a post-period (2025) field derived from realised defaults: information leakage",33      "handling": "excluded from predictors and from analytic.csv"34    }35  ],36  "n_input_rows": {37    "firm_panel.csv": 214038  },39  "random_seed": null,40  "supp_ci95_leverage_cluster": [41    0.18390149920815163,42    0.3436657213795017443  ],44  "supp_pvalue_leverage_cluster": 9.663918872288981e-11,45  "supp_se_leverage_iid": 0.035820571091069786,46  "supp_coef_cash_ratio": -0.18594837465723182,47  "supp_coef_log_sales": -0.007342181807581363,48  "supp_intercept": 0.08997926409935522,49  "supp_n_defaults": 21850}
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