another data base
Posted: 12 October 2011 07:37 PM   [ Ignore ]
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Joost,

have you heard about the database called “datastream” ?

http://thomsonreuters.com/products_services/financial/financial_products/a-z/datastream/#tab1

This database has many time series data. Don’t know if anything good for accounting research…

Cheers,

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Zenghui
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Posted: 12 October 2011 07:42 PM   [ Ignore ]   [ # 1 ]
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hi Zenghui,

Yes, I have used it.
I have not actually compared the data with Compustat Global, but ‘they’ say that it is pretty good for European firms.
It is not very user friendly, though. Data is retrieved through an Excel plug-in which is slow/time consuming (and requires manual work).
Plenty of European universities used to have only Datastream and no WRDS.

best regards,

Joost

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Posted: 12 October 2011 07:55 PM   [ Ignore ]   [ # 2 ]
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Joost,

Thanks for the information.
Do you mean it has an overlap with compustat on the US firms?

Thanks

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Posted: 12 October 2011 07:59 PM   [ Ignore ]   [ # 3 ]
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hi Zenghui,

Yes, it is overlapping very much. Compustat has separate databases for U.S. and ‘global’, while IBES forecasts are in a separate database.
In Datastream they are combined. I am not sure to which extent they overlap. I would use Compustat for U.S. and Datastream for European firms.

best regards,

Joost

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Posted: 12 October 2011 08:05 PM   [ Ignore ]   [ # 4 ]
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Joost,

I see.
Thanks a lot for the info.

Have a good night,

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Posted: 12 October 2011 08:31 PM   [ Ignore ]   [ # 5 ]
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you’re welcome

good night smile

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