/* Eventus8LongHorizonEventStudy2.sas                                                            */
/* Illustrates the following features:                                                           */
/*                                                                                               */
/* SAS libname statement to associate library name evdata with a folder on the system; edit the  */
/*   quoted string to point to the folder or directory containing your installed copy of the     */
/*   Fama-French-momentum factor data set in the format expected by Eventus.                     */
/*   Eventus 8 for Windows users: Use the Fama-French Factor Installer from the Windows Start    */
/*    menu folder for Eventus to build the factors data set.                                     */
/*   WRDS users: omit the libname statement and change Evdata to FF in the Eventus statement.    */
/*                                                                                               */
/* FFF= specification to point to the Fama-French factors data set.                              */
/* CusiPerm option to select stocks by CUSIP in the input request file.                          */
/* MinEstN option to select minimum estimation period returns to keep a stock in the sample.     */
/* Post= option to select the post-event period length (in trading days where daily data used.)  */
/* BuyHold option to select buy-and-hold (compounding as opposed to cumulating.)                 */
/*   market model. TwoStep is new in Eventus 8 (was new in 7.5 for WRDS and annual subscribers). */
/* NoSinglePeriod option to suppress display of day by day event study.                          */
/* NoNames option to suppress display of security issuer names and data availability report.     */
/* Stack option (completely redesigned for Eventus 8); dispalys medians and p-values on 2nd row. */
/* Transnorm option to select Hall's skewness-adjusted transformed normal test.                  */
/* CSectErr option to select the cross-sectional t-test.                                         */
/*                                                                                               */
/* Before running this, first run Eventus8SEORequestFile.sas.                                    */
/*                                                                                               */
/* Sample output is available in Eventus8LongHorizonEventStudy2.lst.                             */

libname evdata 'C:\Documents and Settings\User\My Documents\My Eventus 8\Datasets';
Eventus FFF=Evdata.Factors_Daily;
 title 'Seasoned Equity Offerings: Offer Date';
 title2 'A Biased and Haphazard Sample for Demonstration Purposes Only';
 Request insas=work.SEO_Offer_Request CusiPerm MinEstN=65;
 Windows (+25,+252) (+253,+504) (+505,+757) (+25,+757) (0,+757);
 Evtstudy Post=757 BuyHold FamaFrench TwoStep NoSinglePeriod NoNames Stack Transnorm CSectErr;