Thanks, Nirmala. This does help. But what exactly is this "pooled" data that
we rbind together? Is it *only* the data from 1920 and 1918, 1930 and
1928, ..., 1990 and 1988, or should we somehow be including the data from 1912,
1914, 1916, 1922, ..., 1992? If we should be including the 2, 4, 6 -ending
years (Ryan's earlier email implied that maybe we should), I have no idea how
to go about this.
Anna
By "pooling" I think he means that we
combine all the years rather than
finding the incumbency effect for each election year. In other words,
instead of running the regression within the loop that merges current year
with lag year, rbind the merged data into a single dataframe within the
loop and then run the regression after you have the "pooled" data for all
the
years. I hope this helps.....
- Nirmala