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Main Authors: Tian, Wei, Lee, Seojeong, Panchenko, Valentyn
Format: Preprint
Published: 2023
Subjects:
Online Access:https://arxiv.org/abs/2304.02272
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author Tian, Wei
Lee, Seojeong
Panchenko, Valentyn
author_facet Tian, Wei
Lee, Seojeong
Panchenko, Valentyn
contents We generalize the synthetic control (SC) method to a multiple-outcome framework, where the conventional pre-treatment time dimension is supplemented with the extra dimension of related outcomes in computing the SC weights. This generalization improves the reliability of treatment effect estimation, and can be particularly useful for evaluating the effect of a treatment on multiple outcomes or when only a small number of pre-treatment periods are available. To illustrate our method, we provide a new perspective on the classic SC application to the 1990 German reunification.
format Preprint
id arxiv_https___arxiv_org_abs_2304_02272
institution arXiv
publishDate 2023
record_format arxiv
spellingShingle Synthetic Controls with Multiple Outcomes
Tian, Wei
Lee, Seojeong
Panchenko, Valentyn
General Economics
Economics
We generalize the synthetic control (SC) method to a multiple-outcome framework, where the conventional pre-treatment time dimension is supplemented with the extra dimension of related outcomes in computing the SC weights. This generalization improves the reliability of treatment effect estimation, and can be particularly useful for evaluating the effect of a treatment on multiple outcomes or when only a small number of pre-treatment periods are available. To illustrate our method, we provide a new perspective on the classic SC application to the 1990 German reunification.
title Synthetic Controls with Multiple Outcomes
topic General Economics
Economics
url https://arxiv.org/abs/2304.02272