Title: Data and Code for Analyst Acquisition 
Authors: Gibbons, Iliev, and Kalodimos

Instructions:

*Data
-Raw WRDS data used in the study can be downloaded using the 000-data.sas file.
-Due to an agreement with the data provider, the raw IP data cannot be provided. Instead, the data files combined_ibes_details_data_20190409 and combined_ibes_recs_data_20190409 are provided,
 which are the final datasets used to generate the tables in the paper. 

*Tables
-Tables can be reproduced using the do file corresponding to the individual table or figure. 
-Tables are generated using the esttab command to the directory specified in each do-file.

*Example
To recreate table 3: 
	-Open the do-file T3-tab-reads-estimates.do
	-Specify the directory where the file "combined_ibes_details_data_20190409" is found in the path/cd lines
	-Specify where the table should be save in the esttab command (the default is the same directory as where the data file is saved)
	-Run the entire do-file
