Matching on noise: finite sample bias in the synthetic control estimator

DOI10.1515/JEM-2021-0019MaRDI QIDQ6561141zbMATHFDO

Authors Joseph Cummins, Douglas L. Miller, Brock Smith, David S. Simon

Publication date 24 June 2024

Published in Journal of Econometric Methods (Search for Journal in Brave)

zbMATH Keywords

synthetic controlprogram evaluationover-fitting

Mathematics Subject Classification ID

Applications of statistics to economics (62P20)

Recommendations

• On the Properties of the Synthetic Control Estimator with Many Periods and Many Controls
• The Augmented Synthetic Control Method
• Bias-Corrected Matching Estimators for Average Treatment Effects
• A Penalized Synthetic Control Estimator for Disaggregated Data
• The Bias Due to Incomplete Matching

Cites work

• Panel data models with interactive fixed effects
• Standard Synthetic Control Methods: The Case of Using All Preintervention Outcomes Together With Covariates
• Synthetic controls with imperfect pretreatment fit
• The Augmented Synthetic Control Method
• The performance of estimators based on the propensity score

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