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st: AW: inflation adjustment


From   "Klepsch, Catharina" <klepsch@bwl.lmu.de>
To   "statalist@hsphsun2.harvard.edu" <statalist@hsphsun2.harvard.edu>
Subject   st: AW: inflation adjustment
Date   Tue, 3 Dec 2013 10:09:19 +0100

Hi Lisa,

if you use 2005 or 2010 as a base year, has only an effect on how to interprete your results. 
You can use a loop to deflate several variables.
For example:

local deflator cpi_variable
local variables_to_deflate x1 x2 x3 x4 x5
foreach var of varlist `variables_to_deflate '{
qui gen `var'_deflated = `var'/`deflator'
label var `var'_deflated "``var' deflated by cpi"
}

I hope this helps.

Cathatina
________________________________________
Von: owner-statalist@hsphsun2.harvard.edu [owner-statalist@hsphsun2.harvard.edu] im Auftrag von lisa wallner [wallner.lisa@hotmail.com]
Gesendet: Dienstag, 3. Dezember 2013 08:15w to
An: statalist@hsphsun2.harvard.edu
Betreff: 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!
Lisa
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