On Thu, Apr 30, 2009 at 10:26 AM, Carlos Garcia <cgarci8(a)tigers.lsu.edu>wrote:
I am running into a problem with a dataset that has observations by
month.
I want to create an annual representation of the dataset (or variable) with
the average for the observations in each year.
Carlos,
I think it depends a lot of the kind of the series you want to use
(i.e. the unit of measure). For instance, if you are interested in interest
rates it could be better to accumulate the monthly serie into 12 months to
represent the entire year.
Best,
Henrique C. de Andrade
Doutorando em Economia Aplicada
Universidade Federal do Rio Grande do Sul
www.ufrgs.br/ppge