Will Cleland (Work Log)

Will Cleland Work Logs (log page)

Fall 2016

• 9/1/2016 - Make Wiki Pages for "Winner's Curse," familiarize self with new wiki and plan with team working on "Winner's Curse" if they are in.
• 9/6/2016 - Work on Malmendier & Tate variables and finish wiki pages
• 9/8/2016 - Met with Amir to go over paper and required variables for measuring CEO overconfidence, familiarized myself with Ed's SQL code
• 9/9/2016 - Talked with Jake and went over Malmendier & Tate paper to find overconfidence measures
• 9/13/2016 - Absent
• 9/15/2016 - Met with Amir to see which variables to use as proxies for Malmedier & Tate
• 9/20/2016 - Work with Jake to build database (experienced technical difficulties, shout out Harsh)
• 9/22/2016 - Develop data necessary to measure CEO overconfidence
• 9/23/2016 - Absent
• 9/27/2016 - Potentially upload to Stata to find which CEOs are overconfident and develop a cutoff point
• 9/30/2016 - Pull all necessary data and put it in winnerscurse database
• 10/1/2016 - Came in with Jake to pull data
• 10/4/2016 - Load data into database
• 10/6/2016 - Load data
• 10/11/2016 - Worked with SDC data from Amir
• 10/13/2016 - Absent
• 10/14/2016 - Meet with Ed, see what needs doing
• 10/18/2016 - Upload options DB, determine next steps for joining DBs
• 10/21/2016 - Create new SDC Table, see what Jake and Amir think are next steps
• 10/25/2016 - Upload new SDC Table, and create other variables
• 10/27/2016 - Created flattened return table for all acquisitions
• 10/28/2016 - Created abnormal return for all acquisitions, database space ran out before turnover could be created
• 11/1/2016 - Continue creating variables for paper (Turnover & Momentum & public/private + discussion)
• 11/3/2016 - Update wiki page with tasks and create IT Fixed Effect
• 11/4/2016 - Continue Variable Creation
• 11/8/2016 - ABSENT
• 11/10/2016 - Merge my variables and Malmendier & Tate
• 11/11/2016 - Narrowed everything down to three tables and narrowed SDC data, all three tables are ready for Join
• 11/16/2016- Continued focusing in on the three main tables and explained work to Ed
• 11/18/2016- Ready to Join CRSP data and SDC data, in addition need to work on Malmendier Tate measure which displayed a flaw upon second download
• 11/19/2016- Submit final data output still missing distance
• 11/29/2016 - Do 20 whatever's

Spring 2017

• 1/26/2017 - Lit Review for potential project
• 1/27/2017 - Help Eliza with SDC and continue lit review
• 1/31/2017 - Lit review/discussion with Ed about topic of paper to be published
• 2/1/2017 - Came in to discuss paper and recommendation with Ed
• 2/2/2017 - Begin pulling data from every source 'hard and fast'
• 2/3/2017 - Created basic IPO birth rate graph, now will create others and pull SDC if time allows
• 2/7/2017 - Met with Ed to get a better direction for paper
• 2/14/2017 - Absent
• 2/16/2017 - Absent
• 2/17/2017 - Work towards goals established after meeting with Ed and pull more data
• 2/21/2017 - Work towards goals established after meeting with Ed and pull more data Pt.2
• 2/24/2017 - Data does not look like what other papers have so I will take a CRSP approach today
• 2/28/2017 - I will contact Ed and get his view on the CRSP data I have compiled then see how to proceed
• 3/2/2017 - Rework project page and work on new to do list starting at graph of financial companies
• 3/3/2017 - Find delisting rates and add delisting code to my work to break out delistings, pull acquisition data from SDC, help others with SQL
• 3/7/2017 - Track IPOs using CRSP, finish SDC pull from yesterday
• 3/9/2017 - Find source of error in delisting codes from CRSP versus SQL method of finding delistings
• 3/21/2017 - Determine source of error in delisting codes
• 3/23/2017 - Redo bankruptcy codes and merge CRSP and Compustat data
• 3/24/2017 - Merge CRSP + Compustat
• 3/28/2017 - Meet with Ed to discuss the next steps, try to redo SDC pull, look at returns of stocks over time to compare to # of companies
• 3/30/2017 - Redo SDC Pull
• 4/4/2017 - CRSP work to fix some graphs
• 4/6/2017 - Attempt SDC Pull -- spoiler it didn't work
• 4/7/2017 - SDC Pull for real this time and data cleaning
• 4/14/2017 - Work with SDC again