Dummy Variables
Posted: Sun Aug 26, 2012 5:42 pm
Could anyone help me on this: I need to create a dummy variable for effect of the global financial crisis, should I set the dummy equal to 1 for the 2008 entire year alone, where i found stock prices fluctuate most or should I set dummy equal 1 from the beginning of 2007 to today 2012? Thanks for your help!