Ferman, Bruno; Pinto, Cristine Campos de Xavier - In: Quantitative economics : QE ; journal of the … 12 (2021) 4, pp. 1197-1221
We analyze the properties of the Synthetic Control (SC) and related estimators when the pre‐treatment fit is imperfect. In this framework, we show that these estimators are generally biased if treatment assignment is correlated with unobserved confounders, even when the number of...