A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2021; you can also visit the original URL.
The file type is
Decoupling synthetic control methods to ensure stability, accuracy and meaningfulness
SERIEs: Journal of the Spanish Economic Association
AbstractThe synthetic control method (SCM) is widely used to evaluate causal effects under quasi-experimental designs. However, SCM suffers from weaknesses that compromise its accuracy, stability and meaningfulness, due to the nested optimization problem of covariate relevance and counterfactual weights. We propose a decoupling of both problems. We evaluate the economic effect of government formation deadlock in Spain-2016 and find that SCM method overestimates the effect by 0.23 pp.doi:10.1007/s13209-021-00242-8 fatcat:tcuvmoogtrckhkyyftjj7n5txm