Hi there, I am currently working on panel data with 12 different panels. I have 3 independent dummy variables, which show a 1 if there is a rating upgrade for a bond, and a 0 if there is no announcement. Each dummy is for a different credit rating agency. How can I merge these dummies so that I have a fourth dummy variable made up of these 3?
thank you in advance for your help
How to merge 3 dummy variables
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startz
- Non-normality and collinearity are NOT problems!
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Re: How to merge 3 dummy variables
How are you planning on defining the dummy? If any of the ratings is 1? If all?
Re: How to merge 3 dummy variables
Hi, i was thinking if any of the 3 has a one, that shows in the merged one. is that possible? thanks
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startz
- Non-normality and collinearity are NOT problems!
- Posts: 3797
- Joined: Wed Sep 17, 2008 2:25 pm
Re: How to merge 3 dummy variables
Code: Select all
series dummyAll = dummy1 or dummy 2 or dummy3Re: How to merge 3 dummy variables
Thank you very much!
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