Notice: On April 23, 2014, Statalist moved from an email list to a forum, based at statalist.org.
[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
st: How to generate a dummy variable based on groups of variables in t-1
From
"Jean-Marie Meier" <[email protected]>
To
[email protected]
Subject
st: How to generate a dummy variable based on groups of variables in t-1
Date
Sat, 30 Apr 2011 11:50:11 +0200 (CEST)
Dear Stata list,
It would be great if anyone could help me with this issue as I spent hours on it without solving it:
I have a dataset with all companys listed on US stock exchanges from 1979 up to now.
Every observation in my dataset are balance sheet and profit & loss account data for a given firm in a given year.
I have a dummy variable, which is 1 for an observation if a firm was taken over and left the dataset - e.g. firm ABC was taken over in 1985, then for all observations up to 1984 for this firm the dummy variable is 0 and for the observation in 1985 the dummy variable is 1. If a firm was not taken over, than the dummy variable is obviously always 0.
All firms/observations in my dataset are assigned an industry code between 1 and 48 (Fama French industry classification).
My problem now is:
How do I generate a dummy variable which is 1 for a given firm x and year t if there was a takeover in t-1 in the same industry (same industry code) and which is 0 otherwise ?
Looking forward to your answers
Kind regards,
Jean-Marie Meier
*
* For searches and help try:
* http://www.stata.com/help.cgi?search
* http://www.stata.com/support/statalist/faq
* http://www.ats.ucla.edu/stat/stata/