Create a table with cut-offs for size portfolios

Create a table with cut-offs for size portfolios

Usage

get_me_breakpoints(keep_max = FALSE)

Arguments

keep_max

Set to TRUE to keep upper-bound of highest decile. Default is FALSE, which will replace upper bound with Inf.

Value

A tibble with columns month (a Date), decile (integers 1–10), me_min and me_max (lower and upper market-equity cut-offs in millions of dollars). Unless keep_max is TRUE, the highest upper bound is Inf.

Examples

# \donttest{
# Downloads market-equity breakpoints from Ken French's website.
head(get_me_breakpoints())
#> # A tibble: 6 × 4
#>   month      decile me_min me_max
#>   <date>      <int>  <dbl>  <dbl>
#> 1 1925-12-01      1   0      2.38
#> 2 1925-12-01      2   2.38   4.96
#> 3 1925-12-01      3   4.96   7.4 
#> 4 1925-12-01      4   7.4   10.8 
#> 5 1925-12-01      5  10.8   15.6 
#> 6 1925-12-01      6  15.6   22.9 
# }