Fama Macbeth Regression Sas Code

As of now, there is one additional variable in the dataset, year, which is equal to 12 at the end of each period. You can change this by typing:.gen year=1The dataset also includes a summary of the correlation matrix by month, which is coded as a.dta file. This is provided in the Corr_matrix.dataset.

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* The Stata code works directly with the data attached as the.ds extension on the Stata command line. You may need to play with the.dsetext.stata and.dsetext.end.stata commands on the Stata command line to make sure that you have the right.dsetext extensions for your data files.

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One of the drawbacks to this approach was that we needed to recompile every time we made even a small change to the code. This slowed everything else we were doing down and because we couldn't always have someone waiting for the application to finish building. 827ec27edc