Hi all,

I am currently writing my master thesis and I have the following problem. I made a dummy variable that is equal to one if the share price of a company is lower than 5 dollars during a specific month. I want to make the dummy variable 1 for the whole year for a specific company when the dummy equals one for a specific month during the given year. Example: dummy equals 1 during Jan 2000 for a specific company, then I want the dummy to be equal to one for the whole year of 2000.

What is the best way to approach this?

Kind regards,

Rob Winters