Alternative ratios or figures capturing Small Gains/Small Losses phenomenon?

28 April 2020 0 8K Report

Dear Peers,

I am pursuing a study focusing on Small Gains (SG) and Small Losses (SL) around zero earnings in the EU. When computing ratio SG/SL there is a problem as follows. There are several SL:s being zero. That causes biase to data because in all those cases I am not able to compute SG/SL ratio (even SG exists in those cases). I need to mark those observations as missing. Would there some other means to capture the transition from SL to SG phenomenon? Somethng derived from e.g. (SG minus SL)/standardizing figure?

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