Question: (9p) Start with the data supplied with this problem set, which reflects the work through problem set 3. The goal of this step is to
(9p) Start with the data supplied with this problem set, which reflects the work through problem set 3. The goal of this step is to create eight new indicator variables. Devise a naming scheme such that each variable name reflects two pieces of information, 1) whether it relates to up markets or down markets, and 2) whether it is for the contemporaneous month, one month prior, two months prior or three months prior. Thus, there will be four new variables relating to up markets (contemporaneous, 1 lag, 2 lag, 3 lag) and four relating to down markets
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
