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st: How to add business days to an existing date
From
Tanja Berg <[email protected]>
To
[email protected]
Subject
st: How to add business days to an existing date
Date
Tue, 8 May 2012 19:24:39 +0200
Hi together,
I am not that experienced with Stata, so I need a little help.
I have a data set with time series observations in the following format
ID Date Price
1 01.01.2005 X
1 02.01.2005 X
1 03.01.2005 X
.......
2 01.01.2005 X
2 02.01.2005 X
2 03.01.2005 X
.......
Now I need to calculate a "Value Date", which means that I need a new Date which is the stated Date plus three Business Days. So weekends and bank holidays like January 1st, December 25th etc.
should be omitted.
How can I solve this problem?
I already tried to solve this with a business calendar, but Stata always crashed if I load my calender. By the way, I am not 100% sure if I am doing everything in the correct way with the business calender.
Is there a way without using the business calendar??
Thanks!
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