account-flag definition
account-flag list variable is the primary means of linking the use of financial services (e.g., do you have a checking account?) with the characteristics of the institutions providing those services to the firm (from what type of institution does the firm obtain a checking account?). Each ’account-flag’ list variable contains 23 characters. Each character in the string can be either a ’O’, ’1’, or if the firm did not use a specific service at all, the string is coded as ’S’. Each position of this string is associated with an institution number. For example, position three is associated with institution number 3. A ’0’ at position ’n’ means that the respondent did not obtain the service from source number ’n’ whereas a ’1’ at position ’m’ means that the firm obtained the service from source number ’m’. For example, CHECKLST is the ’account flag’ list variable associated with checking accounts (Section E, questions E1-E3 in the questionnaire). Suppose that: