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Cross-Validating Synthetic Controls

Becker, Martin et al.
Munich Personal RePEc Archive · Reports
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and-selectionvalidation
While the literature on synthetic control methods mostly abstracts from out-of-sample measures, Abadie et al. (2015) have recently introduced a cross-validation approach. This technique, however, is not well-defined since it hinges on predictor weights which are not uniquely defined. We fix this iss
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