estimation of the effects of the FCL employs the 'synthetic control' methodology, a novel counterfactual approach. We find …

and still highly controversial. We contribute to this literature by making a novel use of the non-parametric Synthetic … Control Method to estimate the impact of 23 wide-reaching structural reform packages (including both real and financial sector …

" of the synthetic control method. Sweden switched from left-hand to right-hand traffcin 1967. Before 1967, however, almost …