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Multivariate Matching Methods That are Monotonic Imbalance Bounding

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TLDR
In this paper, the authors introduce a new ''Monotonic imbalance bounding'' (MIB) class of matching methods for causal inference that satisfies several important in-sample properties.
Abstract
We introduce a new ``Monotonic Imbalance Bounding'' (MIB) class of matching methods for causal inference that satisfies several important in-sample properties. MIB generalizes and extends in several new directions the only existing class, ``Equal Percent Bias Reducing'' (EPBR), which is designed to satisfy weaker properties and only in expectation. We also offer strategies to obtain specific members of the MIB class, and present a member of this class, called Coarsened Exact Matching, whose properties we analyze from this new perspective.

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Citations
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Journal ArticleDOI

Causal Inference without Balance Checking: Coarsened Exact Matching

TL;DR: It is shown that CEM possesses a wide range of statistical properties not available in most other matching methods but is at the same time exceptionally easy to comprehend and use.
Journal ArticleDOI

Why Propensity Scores Should Not Be Used for Matching

TL;DR: It is shown that propensity score matching (PSM), an enormously popular method of preprocessing data for causal inference, often accomplishes the opposite of its intended goal—thus increasing imbalance, inefficiency, model dependence, and bias.
Journal ArticleDOI

Covariate balancing propensity score.

TL;DR: Covariate balancing propensity score (CBPS) as mentioned in this paper was proposed to improve the empirical performance of propensity score matching and weighting methods by exploiting the dual characteristics of the propensity score as a covariate balancing score and the conditional probability of treatment assignment.
Journal ArticleDOI

Independent Boards and Innovation

TL;DR: In this article, the authors show that firms that transition to independent boards focus on more crowded and familiar areas of technology, and that the citation increase comes mainly from incremental patents in the middle of the citation distribution; the numbers of uncited and highly cited patents do not change significantly.
Journal ArticleDOI

cem: Software for Coarsened Exact Matching

TL;DR: The program implements the coarsened exact matching (CEM) algorithm, described below, which may be used alone or in combination with any existing matching method.
References
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Journal ArticleDOI

Inference and missing data

Donald B. Rubin
- 01 Dec 1976 - 
TL;DR: In this article, it was shown that ignoring the process that causes missing data when making sampling distribution inferences about the parameter of the data, θ, is generally appropriate if and only if the missing data are missing at random and the observed data are observed at random, and then such inferences are generally conditional on the observed pattern of missing data.
Journal ArticleDOI

Constructing a Control Group Using Multivariate Matched Sampling Methods That Incorporate the Propensity Score

TL;DR: This article used multivariate matching methods in an observational study of the effects of prenatal exposure to barbiturates on subsequent psychological development, using the propensity score as a distinct matching variable.
Journal ArticleDOI

Matching as Nonparametric Preprocessing for Reducing Model Dependence in Parametric Causal Inference

TL;DR: A unified approach is proposed that makes it possible for researchers to preprocess data with matching and then to apply the best parametric techniques they would have used anyway and this procedure makes parametric models produce more accurate and considerably less model-dependent causal inferences.
Posted Content

Evaluating the Econometric Evaluations of Training Programs with Experimental Data

TL;DR: The National Supported Work Program employed an experimental design that randomly assigned some participants into a treatment group, receiving training, and the rest into a control group receiving no training as mentioned in this paper, and the difference between the post-training earnings of the two groups provided an unbiased estimate of the impact of the program.
Book ChapterDOI

Matching using estimated propensity scores: relating theory to practice.

TL;DR: These results delineate the wide range of settings in which matching on estimated linear propensity scores performs well, thereby providing useful information for the design of matching studies and applying theoretical approximations to practice.
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