Han, Kevin; Wu, Han; Wu, Linjia; Shi, Yu; Liu, Canyao - In: Econometrics : open access journal 12 (2024) 3, pp. 1-11
When estimating treatment effects, the gold standard is to conduct a randomized experiment and then contrast outcomes associated with the treatment group and the control group. However, in many cases, randomized experiments are either conducted with a much smaller scale compared to the size of...