Hi there guys,
I'm new to Stata for about a week and I'm really struggling to xtset my data. I currently have approximately 3,400 observations (company data per month). For each company, there is monthly data from 31/01/1990 through to 31/12/2015.
something like this:
I have already managed to convert company to numeric type. But then when I go to xtset my data, I keep getting 109 or 111 errors. Am I correct in assuming the problem is due to the months not being properly formatted for Stata?
Many thanks for the help,
Neil.
I'm new to Stata for about a week and I'm really struggling to xtset my data. I currently have approximately 3,400 observations (company data per month). For each company, there is monthly data from 31/01/1990 through to 31/12/2015.
something like this:
Company | Month | ROA | ROE | ROIC | LTD | STD | Size = log(TA) | Age | TAN |
African Oxygen Ltd | 31/01/1990 | 0.07540 | 0.16490 | 0.13920 | 0.14336 | 0.07598 | 13.88144 | 29.170 | 0.52453 |
African Oxygen Ltd | 28/02/1990 | 0.07540 | 0.16490 | 0.13920 | 0.14336 | 0.07598 | 13.88144 | 29.170 | 0.52453 |
African Oxygen Ltd | 31/03/1990 | 0.07540 | 0.16490 | 0.13920 | 0.14336 | 0.07598 | 13.88144 | 29.170 | 0.52453 |
Many thanks for the help,
Neil.