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In this paper we study methods for estimating causal effects in settings with panel data, where a subset of units are exposed to a treatment during a subset of periods, and the goal is estimating counterfactual (untreated) outcomes for the treated unit/period combinations. We develop a class of...
Persistent link: https://www.econbiz.de/10012909860
In many prediction problems researchers have found that combinations of prediction methods (“ensembles”) perform better than individual methods. A simple example is random forests, which combines predictions from many regression trees.A striking, and substantially more complex, example is...
Persistent link: https://www.econbiz.de/10012889977
Persistent link: https://www.econbiz.de/10011925347
Persistent link: https://www.econbiz.de/10012005759
In this paper we study methods for estimating causal effects in settings with panel data, where a subset of units are exposed to a treatment during a subset of periods, and the goal is estimating counterfactual (untreated) outcomes for the treated unit/period combinations. We develop a class of...
Persistent link: https://www.econbiz.de/10012480784
In many prediction problems researchers have found that combinations of prediction methods ("ensembles") perform better than individual methods. A simple example is random forests, which combines predictions from many regression trees
Persistent link: https://www.econbiz.de/10012479627
Persistent link: https://www.econbiz.de/10001698298
In this paper we study estimation of and inference for average treatment effects in a setting with panel data. We focus on the setting where units, e.g., individuals, firms, or states, adopt the policy or treatment of interest at a particular point in time, and then remain exposed to this...
Persistent link: https://www.econbiz.de/10012911687
We present a new perspective on the Synthetic Control (SC) method as a weighted least squares regression estimator with time fixed effects and unit weights. This perspective suggests a generalization with two way (both unit and time) fixed effects, and both unit and time weights, which can be...
Persistent link: https://www.econbiz.de/10012893137
This paper develops an alternative approach to the widely used Difference-In-Difference (DID) method for evaluating the effects of policy changes. In contrast to the standard approach, we introduce a nonlinear model that permits changes over time in the effect of unobservables (e.g., there may...
Persistent link: https://www.econbiz.de/10013234399