In financial mathematics, dozens of models have been proposed to model stock evolutions. A class of models proposed is the RSLN Model. This post demonstrates how to simulate an RSLN-2 Model in SAS IML.
Learning SAS programming, I like to learn new stuff and to learn more about the subjects I am already familiar with. SAS books is a great way to do this. Here are the SAS books on my shelf.
Most SAS users are familiar with the data step LAG function to look back on previous observations. Since the data step does not support a LEAD function, fewer SAS users are familiar with looking ahead in a dataset. This post presents different approaches of doing so, some more efficient than others.
Dates are everywhere in data science. Whether you are doing statistical analysis, data manipulation or something else in SAS, you will often have to work with date values. Therefore it is important to understand how SAS interprets dates and how to manipulate them correctly.