add final table appendix and closes #1, closes #2, closes #3, and closes

 #4

README.md

@@ -38,7 +38,46 @@ Data files needed to generate all the replication is included in the data folder
 | `previous_consip.dta` | Own/Derived | Yes |
 
 
-### The main.txt contains the file order and commands to run from the command line.
+# Computational requirements
+
+### Software requirements
+
+- Stata (code was last run with version 16)
+  - `estout` (as of  26apr2022)
+  - `reghdfe` (as of 08aug2023)
+   - `pdslasso` (as of 04sept2018)
+   - `outreg` (as of 18sep2015)
+   - `outtable`  (as of 03aug2014)
+  - `listtab`  (as of 04 November 2012)
+   - `ftools`  (as of 08aug2023)
+
+and  `did_multiplegt`, `lassopack`,  `egenmore` ,  `moremata`,  `blindschemes`, `scheme-burd`.
+
+
+  - the program "`install-packages.do`" combines setup as in https://gist.github.com/larsvilhuber/8ead0ba85119e4085e71ab3062760190
+  and configuration as in 
+  https://gist.github.com/larsvilhuber/c3dddbcf73e7534a22e3583b3422d7c5
+  will install all dependencies locally, and should be run once.
+
+- Python 3.10.9
+
+#### Summary
+
+- The code is relatively fast to run and you should be able to run everything within one hour. 
+
+- Figures are saved in .pdf in
+line with the AEA, guidelines, however, the colors might change if the code is run from bash rather than Stata terminal
+
+- Table 4, and the resulting Figure 4 and Table D1 (robustness to Table 4) depend on setting the seed and the code may
+provide different results depending on the operating system. This issue raises because we are dealing with multiple transactions on the same date for the same identifier, Stata selects randomly which dates go first every time the code is run.
+Hence, we set a seed and use a uniformly distributed variable to break the ties (on which date gets ordered first).
+
+
+#### Details
+
+The code was last run on a **8-core Chip Apple M1 with MacOS version 12.5**. 
+
+### The main.sh contains the file order and commands to run from the command line.
 
 The provided code reproduces:
 - All numbers provided in text in the paper
@@ -61,11 +100,11 @@ The provided code reproduces:
 | Table E2         | appendix-het-pb-class.do     |
 | Table E3          | appendix-het-quantity.do    |
 | Table E4         | fe-quartiles.do        |
-| Table F1         | appendix-event_studies.do     |
+| Table F1         | appendix-event-study.do     |
 | Table F2         | did-complex-simple.do    |
 |-------------------|--------------------------|
 | Figure 1           | goods_deals.do   |
-| Figure 2           | event_studies.do|
+| Figure 2           | event_study.do|
 | Figure 3        | competence.do|
 | Figure 4        | previous-consip-coefficient-estimates.do        |
 |-------------------|--------------------------|
@@ -74,33 +113,17 @@ The provided code reproduces:
 | Figures D1       | robustness-drop-one.do|
 | Figure D2       |cofficient-estimates-DH.do       |
 | Figure F1       | appendix-event-study.do        |
+| Figure F2       | appendix-event-study-end-deal.do        |
 |-------------------|--------------------------|
 
 # Description of programs/code
 
-
 - Programs in `code/intermediate` will prepare the data and files needed to run the tables and figures above
 - Programs in `code/tables` will generate all tables included the paper and appendix
 - Programs `code/figures` will generate all figures included the paper and appendix
 - The code in `main.sh` will run all necessary files for this replication package
 
 ```
-Stata commands needed to run the files:
-
-reghdfe version 5.7.3 13nov2019  
-esttab  version 2.0.9  06feb2016  Ben Jann 
-estout  version 3.21  19aug2016  Ben Jann 
-version 2.3.5  05feb2016  Ben Jann 
-frmttable version 1.31  12jul2015 by John Luke Gallup 
-pdslasso package 1.1 15jan2019 
-
-
-Also make sure to install the following: 
-
-ssc install moremata  # Prerequisite to implement De Chaisemartin and d’Haultfoeuille (2020) 
-ssc install did_multiplegt  # Implements De Chaisemartin and d’Haultfoeuille (2020) 
-ssc install blindschemes #For plots 
-set scheme burd #For plots 
 
 References
 

code/figures/appendix-event-study-end-deal.do

@@ -0,0 +1,45 @@
+set scheme plotplain
+
+use "data/consip.dta", clear
+drop if consip==1 
+
+include "code/intermediate/good-char.do"
+gen date_q=qofd(dofm(ym(year, month)))
+gen edeal1 =qofd(deal_start1)
+
+****** End of a deal: version revision
+preserve
+gen ldeal1 =qofd(deal_end1)
+gen ldeal2 =qofd(deal_end2)
+gen ldeal3 =qofd(deal_end3)
+
+gen recenter_end1 = .
+replace recenter_end1 = date_q - ldeal1 if date<deal_start2                      
+replace recenter_end1 = -1 if date<=deal_end1 & recenter_end1==0
+replace recenter_end1= . if recenter_end1<0 & activeD==0
+
+gen recenter_end2 = .
+replace recenter_end2 = date_q - ldeal2 if date>deal_end1 & date<deal_start3                      
+replace recenter_end2 = -1 if date<=deal_end2 & recenter_end2==0
+replace recenter_end2= . if recenter_end2<0 & activeD==0
+
+gen recenter_end3 = .
+replace recenter_end3 = date_q - ldeal3 if date>deal_end2              
+replace recenter_end3 = -1 if date<=deal_end3 & recenter_end3==0
+replace recenter_end3= . if recenter_end3<0 & activeD==0
+replace recenter_end3= . if recenter_end3>=0 & activeD==1
+
+gen centering_var = recenter_end1 if recenter_end2==.&recenter_end3==.
+replace centering_var = recenter_end2 if recenter_end2!=.&recenter_end3==.
+replace centering_var=recenter_end3 if recenter_end3!=.
+
+local first_lead -4
+local last_lag 4
+local normalize_lead = 0
+include "code/intermediate/leads-lags.do"
+
+
+twoway (scatter coef leads_lags , mcolor(navy) lcolor(navy)) (line ci_low leads_lags , lpattern(dash)) /*
+*/(line ci_high leads_lags , lpattern(dash)), graphregion(color(white)) xline(5) yline(0, lcolor(black))  ylabel(-1(.2)1) xtitle("Quarters to/from event") xlabel(1 "-4" 2 "-3" 3 "-2" 4 "-1" 5 "0" 6 "1" 7 "2" 8 "3" 9 "4") legend(off)
+graph export "output/figures/es_end_all.pdf", replace
+

code/figures/goods_deals.do

@@ -39,5 +39,5 @@ merge 1:m good date_m using `purchases'
 format date_m %tm
 
 twoway  (rbar deal_start1 deal_end1 good , horizontal barwidth(.45) color(gs13)) (rbar deal_start2 deal_end2 good , horizontal barwidth(.45) color(gs13)) (rbar deal_start3 deal_end3 good , horizontal barwidth(.45) color(gs13))(scatter good date_m if _m==3 & date<deal_start1, mcolor(plr1) mlwidth(tiny) msize(tiny) mstyle(diamond)) (scatter good date_m if _m==3 & date>=deal_start1 & [activeD==0|activeD==1], mcolor(plb1) mstyle(diamond) mlwidth(tiny) msize(tiny)), xline(528 540) yla(1/13, valuelabel tlength(0) ang(h) labsize(small)) xlabel(468 "January 1999" 480 "January 2000" 492 "January 2001"  504 "January 2002" 516 "January 2002" 528 "January 2003" 540 "January 2004" 552 "January 2005", labsize(small)   angle(45)) ytitle("") xtitle("") plotr(m(large)) graphregion(fcolor(white)) legend(position(6) size(small) order( 4 "Pre-Consip purchases" 5 "Post-Consip purchases" 1 "Consip deals") cols(1))
-graph export "output/figures/goods_deals.pdf", replace 
+graph export "output/figures/goods_deals.png ", replace 
 

main.sh

@@ -1,9 +1,9 @@
 #! /bin/bash
 #Please run first intermediate files, then tables and finally figures. While the order below is not strictly necessary, some figures are generated from table outputs
-
+#alias stata-mp="c:/'Program Files'/Stata18/StataMP-64.exe" - to run on a Windows machine
 #Intermediate files
 
-stata-mp -e code/install-packages.do
+#stata-mp -e code/install-packages.do
 
 stata-mp -e code/intermediate/create-data.do #creates main data for analysis
 stata-mp -e code/intermediate/good-char.do #stores locals for regressions
@@ -26,15 +26,15 @@ stata-mp -e code/tables/appendix-het-good.do #Appendix Table E1
 stata-mp -e code/tables/appendix-het-pb-class.do #Appendix Table E2
 stata-mp -e code/tables/appendix-het-quantity.do #Appendix Table E3
 stata-mp -e code/tables/fe-quartiles.do #Appendix Table E4
-stata-mp -e code/tables/appendix-event_study.do  #Appendix Table F1
+stata-mp -e code/tables/appendix-event-study.do  #Appendix Table F1
 stata-mp -e code/tables/did-complex-simple.do #Appendix Table F2
 
 
 python code/tables/clean-tables.py #clean tables about previous Consip experience
 
 #Figures
 stata-mp -e code/figures/goods_deals.do #Figure 1
-stata-mp -e code/figures/event_studies.do #Figure 2
+#stata-mp -e code/figures/event_studies.do #Figure 2
 stata-mp -e code/figures/competence.do #Figure 3
 stata-mp -e code/figures/previous-consip-coefficient-estimates.do #Figure 4
 
@@ -44,7 +44,5 @@ stata-mp -e code/figures/descriptives_cutoffs.do #Figures B1 & B2
 stata-mp -e code/figures/robustness-drop-one.do #Figures D1
 stata-mp -e code/figures/cofficient-estimates-DH.do #Figure D2
 stata-mp -e code/figures/appendix-event-study.do #Figure F1
-
-
-deactivate
+stata-mp -e code/figures/appendix-event-study-end-deal.do #Figure F2