Dear Statalist,
I was wondering if anybody could help me to define a variable
recursively in stata? That is, I would like define each observation x
as the sum of a flow variable, z, and the lagged x variable,
discounted by a factor b:
xt = zt + b*xt-1
The three first x variables would then be:
x1 = z1
x2 = z2 + b*z1
x3 = z3 + b*z2 + b^2*z1
and so on).
I appreciate your help,
Best Regards
BP
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