creating a loss dummy variable
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kofi hush
Nov 1, 2014, 7:57:19 PM11/1/14
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i have to create a loss dummy variable when another variable eg. net income is negative in the current and previous years.And it should be unique for every company.
so loss(2010) is 1 when net income is -ve in 2010 and 2009.
Attached is an excel file to see a clear example of the data.
so loss(2010) is 1 when net income is -ve in 2010 and 2009.
Attached is an excel file to see a clear example of the data.
can someone please help me with a code in stata.
thank you
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