I am trying to run a diff in diff. Unfortunately, the probit regression is not running properly, because Stata generates endless iteration that say "(backed up)".
Code:
probit covered industry ROA ROE Leverage asset revenue EBIT market_cap i.Post##i.Treated
The problem here seems to be asset renvenue EBIT and market_cap (market capitalization) . These are all variables I got from Worldscope. Variable I calculated myself e.p. ROA (Net Income/Total Assets) are running.
I had the same problem with a another probit modell earlier. After putting these troubling variables into categories of 1000 it work. Unfortunately, that doesn't work this time.
Code:
foreach var of varlist asset revenue EBIT market_cap { cap drop `var'_cat egen `var'_cat = cut (`var'), group(1000) }
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