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Finite-Sample Properties of Propensity-Score Matching and Weighting Estimators
Abstract
The finite-sample properties of matching and weighting estimators, often used for estimating average treatment effects, are analyzed. Potential and feasible precision gains relative to pair matching are examined. Local linear matching (with and without trimming), k-nearest-neighbor matching, and particularly the weighting estimators performed worst. Ridge matching, on the other hand, leads to an approximately 25% smaller MSE than does pair matching. In addition, ridge matching is least sensitive to the design choice.
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Citations
Cites
Does matching overcome lalonde’s critique of nonexperimental estimators?
A. Smith, J., & E. Todd, P. (2005) · Journal of Econometrics · doi:10.1016/j.jeconom.2004.04.011 · Cited by 3,176
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Imbens, G. W., & Wooldridge, J. M. (2009) · Journal of Economic Literature · doi:10.1257/jel.47.1.5 · Cited by 4,926
Does matching overcome lalonde’s critique of nonexperimental estimators?
A. Smith, J., & E. Todd, P. (2005) · Journal of Econometrics · doi:10.1016/j.jeconom.2004.04.011 · Cited by 3,176
Bias-Corrected Matching Estimators for Average Treatment Effects
Abadie, A., & Imbens, G. W. (2011) · Journal of Business & Economic Statistics · doi:10.1198/jbes.2009.07333 · Cited by 1,416
How robust is the evidence on the effects of college quality? Evidence from matching
Black, D. A., & Smith, J. A. (2004) · Journal of Econometrics · doi:10.1016/j.jeconom.2003.10.006 · Cited by 673
New evidence on the finite sample properties of propensity score reweighting and matching estimators
Busso, M., DiNardo, J., & McCrary, J. (2014) · Review of Economics and Statistics · doi:10.1162/rest_a_00431 · Cited by 428
Reynolds, C. L., & DesJardins, S. L. (2009) · Higher Education: Handbook of Theory and Research · doi:10.1007/978-1-4020-9628-0_2 · Cited by 104
Prinja, S., Nimesh, R., Gupta, A., Bahuguna, P., Gupta, M., & Thakur, J. S. (2017) · Tropical Medicine & International Health · doi:10.1111/tmi.12895 · Cited by 81
Assessing the impact of national antibiotic campaigns in Europe
Filippini, M., Ortiz, L. G. G., & Masiero, G. (2013) · The European Journal of Health Economics · doi:10.1007/s10198-012-0404-9 · Cited by 55
Propensity Score Matching for Education Data: Worked Examples
Powell, M. G., Hull, D. M., & Beaujean, A. A. (2020) · The Journal of Experimental Education · doi:10.1080/00220973.2018.1541850 · Cited by 40
Specification tests for the propensity score
Sant’Anna, P. H. C., & Song, X. (2019) · Journal of Econometrics · doi:10.1016/j.jeconom.2019.02.002 · Cited by 31
Do Internships Matter?: the Impact of Internship Participation on Employability
Choe, C., Kim, Y. B., & Choi, K. (2023) · The Singapore Economic Review · doi:10.1142/s0217590823500133 · Cited by 13
Metadata
- Authors
- Frölich, M.
- Venue
- Review of Economics and Statistics
- Publisher
- MIT Press - Journals
- Published
- 2004-02
- Volume
- 86
- Issue
- 1
- Pages
- 77-90
- ISSN
- 0034-6535 (ISSN-L)
- 1530-9142
- OpenAlex
- W2127403366
- Cited by
- 399
- References
- 1
- FWCI
- 13.78
- Type
- journal article
- Language
- en
- Open access
- closed
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