hello eviews users.
i'm a new user of eviews and i'm currently working on my research paper about municipal bonds.
i'm using municipal bonds as a dummy variable, 1 representing those provinces in the Philippines which issue municipal bonds and 0 for those that do not.
the catch here is that, i'm not sure on how to import the dummy variable in eviews. do in need to enter a code for eviews to recognize that the variable MB (municipal bonds) is a dummy variable, or eviews can automatically recognize it as one. Hope you can help me so that i can move on with my paper. Thank you very much!
how to deal with dummy variable in eviews
Moderators: EViews Gareth, EViews Moderator
Re: how to deal with dummy variable in eviews
Hello,
You should import your dummy variable as any other quantitative variable and then you may proceed to the estimation of the equation without any concern. (Of course if the dummy variable is the dependent one then binary models are appropriate)
Regards
You should import your dummy variable as any other quantitative variable and then you may proceed to the estimation of the equation without any concern. (Of course if the dummy variable is the dependent one then binary models are appropriate)
Regards
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