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st: RES: inflation adjustment

From   "Henrique Neder" <>
To   <>
Subject   st: RES: inflation adjustment
Date   Tue, 3 Dec 2013 10:56:12 -0200


I think that is equivalent the use of the two base periods. Generally, I
prefer to use the later period.
For the second question you can use the replace command. If you have to
transform the variable, for example, income and your deflation index is
1.005 for 2005, 1.006 for 2006, ... and your time variable is year:

replace income = income*1.010 if year == 2005 replace income = income*1.005
if year == 2006

and so on.


-----Mensagem original-----
De: lisa wallner [] 
Enviada em: terça-feira, 3 de dezembro de 2013 05:15
Assunto: st: inflation adjustment

Dear Statalist,

I have panel data for the years 2005-2010 and I want to do inflation
adjustment. Should I use 2005 as base year or is it better to use 2010 for
this? Do I have to do that for every single variable by hand, or is there a
possibility to do it via a code?  

Thx in advance! 
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