A JFE 1999 cash holding paper has been uploaded. You need to do the following
(1) Read the paper carefully, especially for the data part.
(2) Download the data from compustat with appropriate data items and time frame.
(3) Measures the variables in the analysis as explained in the paper.
(4) Final deliverables: you need to provide (a) Stata [login to view URL] with detailed notes (b)
replicate the first Table and submit the table along with the stata do.file.