The synthetic control approach to analyze policy impact is here complemented to compute i) multivalued treatment effects and ii) treatment effect evaluated at different levels of the distribution of the treated, at the various quantiles. Confining the analysis to binary treatment and/or to average values alone can be very misleading since treatments can be multivalued and they can have different impact away from the mean, in the tails. Two case studies and a set of simulations allow to investigate the behavior of the proposed approach.
The synthetic control approach: multivalued treatments at the quantiles / Furno, Marilena. - In: RESEARCH IN ECONOMICS. - ISSN 1090-9451. - 75:1(2021), pp. 7-20. [10.1016/j.rie.2020.10.009]
The synthetic control approach: multivalued treatments at the quantiles
Marilena Furno
2021
Abstract
The synthetic control approach to analyze policy impact is here complemented to compute i) multivalued treatment effects and ii) treatment effect evaluated at different levels of the distribution of the treated, at the various quantiles. Confining the analysis to binary treatment and/or to average values alone can be very misleading since treatments can be multivalued and they can have different impact away from the mean, in the tails. Two case studies and a set of simulations allow to investigate the behavior of the proposed approach.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
