Dummy variables for seasonality help.

For requesting general information about EViews, sharing your own tips and tricks, and information on EViews training or guides.

Moderators: EViews Gareth, EViews Moderator

mstevenson83
Posts: 1
Joined: Fri Mar 26, 2021 10:56 am

Dummy variables for seasonality help.

Postby mstevenson83 » Fri Mar 26, 2021 11:09 am

I am relatively new to Eviews and can't find a solution on this forum for an issue i'm having and was wondering if I could be pointed in the right direction - I have imported data onto my workfile for the daily (Mon-Fri) closing returns of the FTSE100 from 2010-2020 and want to analyse the "Monday effect" on the returns, meaning I have to make a dummy variable for Monday.

I have created a column next to the daily returns where it says "0" next to all non-Monday returns and "1" next to all Monday returns but I'm not sure how I run an OLS regression with the dummy variable.

Any help would be greatly appreciated.

EViews Gareth
Fe ddaethom, fe welon, fe amcangyfrifon
Posts: 12913
Joined: Tue Sep 16, 2008 5:38 pm

Re: Dummy variables for seasonality help.

Postby EViews Gareth » Fri Mar 26, 2021 11:28 am

Can you be more explicit?

EViews (or any other software) doesn't care if a variable is a dummy variable or not. It is just a variable. You create an equation with it in the same way as you would any other variable.
Follow us on Twitter @IHSEViews


Return to “General Information and Tips and Tricks”

Who is online

Users browsing this forum: No registered users and 2 guests