Dear all,
My question: is there an alternative synthetic control method package to synth and synth_runner that controls for heteroscedasticity?
Background: I am using the commands synth and synth_runner for an analysis with one and several treated units. I was asked how the Synthetic Control Method (SCM) deals with heteroscedasticity and after reading up on the topic I found out that heteroscedasticity can occur when the variation of the transitory shocks is different between the treated and untreated unit or over time.
I also found a paper from David Powell (Imperferfect Synthetic Controls) in which he proposes a way for inference in SCM which controls for heteroscedasticity. However, this is a paper without a corresponding software package.
Thanks for any help.
Best,
Michael
Related Posts with Heteroscedasticity and Synthetic Control Method (SCM)
What is the command for Damerau-Levenshtein (DL) distance that allows for re-oderingDear Mr/Ms Helper I have tried Code: ustrdist but it seems do not allow re-ordering. Is there any …
outreg2Hello, I could not produce excel table from outreg. My command is simple as follows # In MS excel …
Grouped Percentage Bar GraphHi Everyone, I am trying to make a stacked bar graph but having some trouble. I have three groups o…
Measuring level of tax Avoidance before and after tax reformHello everyone, I am currently writing my thesis and been having problems with some analysis. I wan…
Midgap plots, anyone? Or, box plots without boxesI recently stumbled across a reference to "midgap plots" and thought what are they? Here's the refer…
Subscribe to:
Post Comments (Atom)
0 Response to Heteroscedasticity and Synthetic Control Method (SCM)
Post a Comment