Machine learning methods that economists should know about

S Athey, GW Imbens - Annual Review of Economics, 2019 - annualreviews.org
We discuss the relevance of the recent machine learning (ML) literature for economics and
econometrics. First we discuss the differences in goals, methods, and settings between the …

Econometric methods for program evaluation

A Abadie, MD Cattaneo - Annual Review of Economics, 2018 - annualreviews.org
Program evaluation methods are widely applied in economics to assess the effects of policy
interventions and other treatments of interest. In this article, we describe the main …

What's trending in difference-in-differences? A synthesis of the recent econometrics literature

J Roth, PHC Sant'Anna, A Bilinski, J Poe - Journal of Econometrics, 2023 - Elsevier
This paper synthesizes recent advances in the econometrics of difference-in-differences
(DiD) and provides concrete recommendations for practitioners. We begin by articulating a …

Using synthetic controls: Feasibility, data requirements, and methodological aspects

A Abadie - Journal of economic literature, 2021 - aeaweb.org
Probably because of their interpretability and transparent nature, synthetic controls have
become widely applied in empirical research in economics and the social sciences. This …

A penalized synthetic control estimator for disaggregated data

A Abadie, J L'hour - Journal of the American Statistical Association, 2021 - Taylor & Francis
Synthetic control methods are commonly applied in empirical research to estimate the
effects of treatments or interventions on aggregate outcomes. A synthetic control estimator …

Do investors value sustainability? A natural experiment examining ranking and fund flows

SM Hartzmark, AB Sussman - The Journal of Finance, 2019 - Wiley Online Library
Examining a shock to the salience of the sustainability of the US mutual fund market, we
present causal evidence that investors marketwide value sustainability: being categorized …

The augmented synthetic control method

E Ben-Michael, A Feller, J Rothstein - Journal of the American …, 2021 - Taylor & Francis
The synthetic control method (SCM) is a popular approach for estimating the impact of a
treatment on a single unit in panel data settings. The “synthetic control” is a weighted …

Can environmental innovation facilitate carbon emissions reduction? Evidence from China

YJ Zhang, YL Peng, CQ Ma, B Shen - Energy Policy, 2017 - Elsevier
Environmental innovation has been recognized as an efficient way of addressing
environmental problems. However, how environmental innovation may affect carbon …

Balancing, regression, difference-in-differences and synthetic control methods: A synthesis

N Doudchenko, GW Imbens - 2016 - nber.org
In a seminal paper Abadie et al (2010) develop the synthetic control procedure for
estimating the effect of a treatment, in the presence of a single treated unit and a number of …

Varieties in state capitalism and corporate innovation: Evidence from an emerging economy

Y Lin, X Fu, X Fu - Journal of Corporate Finance, 2021 - Elsevier
This paper contributes to the literature by examining the impact of different forms of state
ownership on corporate innovation and the moderating effects of environmental, social, and …