Distributional synthetic controls

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Tác giả: Florian Gunsilius

Ngôn ngữ: eng

Ký hiệu phân loại: 571.74 Biochemistry of control

Thông tin xuất bản: 2020

Mô tả vật lý:

Bộ sưu tập: Metadata

ID: 163845

 Comment: keywords: causal inference
  deformable templates
  Fr\'echet mean
  geodesic convex hull
  heterogeneous treatment effects
  optimal transportation
  synthetic controls
  Wasserstein barycenterThis article extends the widely-used synthetic controls estimator for evaluating causal effects of policy changes to quantile functions. The proposed method provides a geometrically faithful estimate of the entire counterfactual quantile function of the treated unit. Its appeal stems from an efficient implementation via a constrained quantile-on-quantile regression. This constitutes a novel concept of independent interest. The method provides a unique counterfactual quantile function in any scenario: for continuous, discrete or mixed distributions. It operates in both repeated cross-sections and panel data with as little as a single pre-treatment period. The article also provides abstract identification results by showing that any synthetic controls method, classical or our generalization, provides the correct counterfactual for causal models that preserve distances between the outcome distributions. Working with whole quantile functions instead of aggregate values allows for tests of equality and stochastic dominance of the counterfactual- and the observed distribution. It can provide causal inference on standard outcomes like average- or quantile treatment effects, but also more general concepts such as counterfactual Lorenz curves or interquartile ranges.
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