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  • age of the firm

    Dear Statalisters,

    i sort firms by their age. i define the firm age as the difference between the current year and the first year that a firm enters the Compustat database .


    Which variable ( the entry of firm in compustat database) will classify the age of firm?
    not sure if I should just use : firm id , datadate, or ipodate



  • #2
    Max:
    as we do not know how you named the variable resulting from the subtraction that you mention in the first line of your post, I find impossible to reply positively.
    That said, please note that while Stata will accept -firm_age-, reject -firm age- as it reads it as two different variables.
    Kind regards,
    Carlo
    (Stata 19.0)

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