Hi,
I’am new in this forum, I don’t know if I posted in good place for my question, this is my first message. I’am taking class about Inequality analysis, as i’am new in Stata, I have problem with some commands used. I didn’t understand the following code:
gen transfer = 0
loca total_transfers = 0
local limit = 0
while `total_transfers' < 300 {
qui replace transfer=max(0, `limit'-income)
qui sum transfer
local total_transfers=r(sum)
local limit = `limit'+1
}
I understood the first line of the code, but the rest is not clear for me. Could you help me for understanding please? Thanks very much