replication-code-economics
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Annualize the numbers
Because the last year is always incomplete, you might want to annualize or normalize the numbers:
- Use last year's complete data as numerator
- Use number of deposits with some Stata code (or Stata keyword) as a numerator
- then prorate the ongoing year to take into account the partial year effect.
Avoids the dip, but has a dashboard-feel ("are we on track to having the same number as last year")
They are not mutually exclusive.
Thanks for the feedback.
Some questions:
- Points 1 & 2 are used as the numerator, did you mean last year's complete data should be the denominator?
- Point 2: that means adding more keywords besides replication code?