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st: What does +.01 mean, and what is "mltpr"?
From
Manussawee Sukunta <[email protected]>
To
[email protected]
Subject
st: What does +.01 mean, and what is "mltpr"?
Date
Fri, 7 Sep 2012 07:02:42 -0500
I have inherit a handful of Stata codes, which are how I'm learning
Stata. For most things I was able to search the internet or Statalist
or ask someone, but this time I'm really stuck. They also have no
owner, so I couldn't ask the author. So I hope someone can shed light
on my two questions.
1. The following code makes adjustments for price increase
and inflation to price series at a specific time in the future:
local date5c = d(15jan2013)
local imp5ca = (`date5c' - d(31dec2012)) /
(d(1apr2013) - d(1jan2013))
local imp5cb = (d(31mar2013) - `date5c')/(d(1apr2013)
- d(1jan2013))
local inf5 = 1.0229
foreach var of varlist price1 price2 {
replace `var' =
`var'*(((`inf5'+.01)*`imp5cb')+(`imp5ca')) if time == q(2013q2)
replace `var' = `var'*(`inf5'+.01) if
time > q(2013q2)
}
What does "+.01" do to `inf5'? I know it's not simply adding .01 to
`inf5', but besides that I have no idea.
2. The following code creates "multipliers" using the
regression coefficients (log linear equation) to use for forecasting:
tempname e
qui gen nrmulti_`sn' = 1
local indepvar
foreach varname in varlist exports investments {
scalar `e' =
bhat[rownumb(bhat,"`varname':_cons"),1]
capture confirm v `varname'
if !_rc {
local e1 = int(1000 * `e' )/1000
local indepvar
"`indepvar'" "`varname' " "(`e1') "
mltpr `varname'
replace `varname'_mltr
= `varname'_mltr ^ `e'
replace nrmulti_`sn' =
`varname'_mltr * nrmulti_`sn'
}
}
What does the line "mltpr `varname'" supposed to mean? I tried
searching for "mltpr," but I came up empty.
Thank you so much in advance. I really appreciate any insights you can provide.
Manussawee
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