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st: Leading and lagging
From
Sebastian Say <[email protected]>
To
[email protected]
Subject
st: Leading and lagging
Date
Wed, 5 Mar 2014 19:15:57 -0600
Hi,
I have a question about leading vs lagging.
Conceptually, when is leading a variable justified?
Empirically, I have a variable obtained from a database of a rating
agency.If say I am able to ascertain that there is some sort of delay
in which they rate companies' performance. For example, in 2014, they
rate and reflect a company's performance in 2013. Is leading the
variable in this case justified?
Many thanks,
Sebastian
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