## Dummy variables for each holiday day?

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AfonsoRod
Posts: 43
Joined: Wed May 31, 2017 7:37 am

### Dummy variables for each holiday day?

Dear all,

I have an hourly data-set from 01-Jan-2009 to 31-12-2018 (10 years) for Portugal. I need to create a dummy for each holiday day. Do I have to create a dummy for each day, or is there any simpler way to do that?

In the below image you can see every holiday days that were in Portugal from 2009 to 2018.

holidays.jpg (164.73 KiB) Viewed 768 times

I thank you all in advance for the help.

Yours sincerely,
Afonso Rodrigues

EViews Matt
EViews Developer
Posts: 402
Joined: Thu Apr 25, 2013 7:48 pm

### Re: Dummy variables for each holiday day?

Hello,

I can recommend some commands for creating the dummies. For the annual holidays,

Code: Select all

`series holiday1 = @holiday("jan1") > 0`

For the one-time holidays,

Code: Select all

`series holiday2 = @event("2016mar25") > 0`

For the annual holidays with a gap,

Code: Select all

`series holiday3 = @holiday("oct5") and (@year <= 2012 or @year >= 2016)`

AfonsoRod
Posts: 43
Joined: Wed May 31, 2017 7:37 am

### Re: Dummy variables for each holiday day?

EViews Matt wrote:Hello,

I can recommend some commands for creating the dummies. For the annual holidays,

Code: Select all

`series holiday1 = @holiday("jan1") > 0`

For the one-time holidays,

Code: Select all

`series holiday2 = @event("2016mar25") > 0`

For the annual holidays with a gap,

Code: Select all

`series holiday3 = @holiday("oct5") and (@year <= 2012 or @year >= 2016)`

Dear Eviews Matt

Thank you very much for the help.