Hi,
Newbie to Stata and trying two merge two datasets (one from Compustat and one from Execucomp) with unique ID numbers (these are called 'gvkey'). The problem I'm facing arises when I want to merge the two datasets based upon their 'gvkey', I keep getting the message that "gvkey does not uniquely identify observations" (both for master and using data). I get why Stata reports this message, as each 'gvkey' has a observation per year, but I do not know how to go further at this point. My goal is to merge the two datasets based on their 'gvkey' and 'fyear' (see below).
Dataset 1:
GVKEY FYEAR IBC OANCF
001004 1994 $X $X
001004 1995 $X $X
001004 1996 $X $X
Dataset 2:
GVKEY FYEAR CEO EARLYYEARS
001004 1994 1 1
001004 1995 1 1
001004 1996 1 1
----------
What I whish to get is this:
Dataset 1+2 (merged):
GVKEY FYEAR IBC OANCF CEO EARLYYEARS
001004 1994 $X $X 1 1
etc. etc.
----------
Please help me out!
Thanks in advance!!
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