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# Verification checks (P4)

check outcome
Clean re-run (deleted results.json, table1.csv, figure1.png, exclusions.csv; re-ran analysis.py); results.json byte-identical PASS
Exclusion ledger: 319 GDPC1 quarters − 78 − 1 = 240 = n_analysed PASS
n_sub1 + n_sub2 = 96 + 144 = 240 = n_analysed PASS
sample_start 1960-01-01 < sample_end 2019-10-01; no quarter after 2019Q4 used (asserted in script) PASS
All 3 monthly UNRATE values present for every quarter 1959Q4–2019Q4; no missing GDPC1 (asserted) PASS
effect_se > 0; CI contains estimate; CI symmetric with z=1.96 PASS
model_metric (0.250) < baseline_metric (0.325); 1 − (model/baseline)^2 = R² (0.408) to 1e-12 PASS
Magnitude: β ≈ −0.26 pp per 1% (non-annualised) quarterly growth, consistent with the commonly cited US Okun coefficient of roughly −0.3 to −0.5 in level-gap form; order of magnitude plausible PASS (plausible)
Chow df = (2, 236); F > 0 PASS
Full-sample β (−0.256) lies outside [β_sub2, β_sub1] = [−0.273, −0.259]: explained by the intercept shift between subperiods (pooled fit with a common intercept tilts the slope); not an error NOTED
HAC SE sensitivity to lag length (0,2,4,8,12): 0.029–0.037, conclusion unchanged PASS
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