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  1. When is a Match Sufficient? A Score-based Balance Metric for the Synthetic Control Method.David Powell, Beth Ann Griffin, Priscillia Hunt & Layla Parast - 2020 - Journal of Causal Inference 8 (1):209-228.
    In some applications, researchers using the synthetic control method (SCM) to evaluate the effect of a policy may struggle to determine whether they have identified a “good match” between the control group and treated group. In this paper, we demonstrate the utility of the mean and maximum Absolute Standardized Mean Difference (ASMD) as a test of balance between a synthetic control unit and treated unit, and provide guidance on what constitutes a poor fit when using a synthetic control. We explore (...)
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