1. The U.S. syndicated loan market: Matching data.
- Author
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Cohen, Gregory J., Dice, Jacob, Friedrichs, Melanie, Gupta, Kamran, Hayes, William, Kitschelt, Isabel, Lee, Seung Jung, Marsh, W. Blake, Mislang, Nathan, Shaton, Maya, Sicilian, Martin, and Webster, Chris
- Subjects
DATA scrubbing ,INFORMATION services ,INTEGRATED software ,MARKETING strategy ,SERVER farms (Computer network management) - Abstract
We introduce a new software package for determining linkages between datasets without common identifiers. We apply this to three datasets commonly used in academic research on syndicated lending: Refinitiv LPC DealScan, S&P Global Market Intelligence Compustat, and National Information Center Structure Data. We benchmark the results of our match using results from the literature and previously matched files that are publicly available. We find that company level matching is enhanced by careful cleaning of the data and considering hierarchical relationships. The R package for one of the company‐level matches can be found on GitHub and CRAN, which can be considered a general toolkit to match different firm‐level datasets with one another. [ABSTRACT FROM AUTHOR]
- Published
- 2021
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