Looking for a proper regression...(pooled cross-sectional, categorical of regress and f=regressor

JKCho — Mon, 15 Jul 2019 18:21:42 GMT

proc hppanel data=creditend1;
 id fyear sic;
 class ratings idvc ids iloss;
 model ratings = logat ROA leverage idvc ids iloss / fixone;
run;
quit;

What I want is a regression.

I have a pooled cross-sectional dataset whose regresee is also categorical(1 to22, credit ratings) and 3 of regressor are not regular ones: logAT, ROA, and leverage while other 3 are dummies: idvc, ids, and iloss.

With this dataset, I want to regress ratings on these 6 variables while simultaneously holding fixed effects from year and sic(industry).

1) As far as I know, this is pooled cross-sectional, I need to use proc hppanel.

2) then need to have the fixed effect, so used id fyear, sic ~~ / fixone;

3) however, with PROC HPPNAEL, I cannot do have categorical variables... as I did in the CLASS statement.

Does anybody know what would be a proper regression and code for what I am trying now?

It seems that If I need to do this, I may be better to learn SAS Macro. but I cannot now( Yeah. I can start learning but cannot solve this by Macro right now).

Please share your thoughts and experience with this matter so I must super appreciate you!

Jerry

Re: Looking for a proper regression...(pooled cross-sectional, categorical of regress and f=regresso

Reeza — Mon, 15 Jul 2019 18:58:28 GMT

Moved your question to the stats forum for better responses.

topic Re: Looking for a proper regression...(pooled cross-sectional, categorical of regress and f=regresso in Statistical Procedures

Looking for a proper regression...(pooled cross-sectional, categorical of regress and f=regressor

Re: Looking for a proper regression...(pooled cross-sectional, categorical of regress and f=regresso