Using Matching to Estimate Treatment Effects: Data Requirements, Matching Metrics, and Monte Carlo Evidence

A-Tier
Journal: Review of Economics and Statistics
Year: 2004
Volume: 86
Issue: 1
Pages: 91-107

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We compare propensity-score matching methods with covariatematching estimators. We first discuss the data requirements of propensity-score matching estimators and covariate matching estimators. Then we propose two new matching metrics incorporating the treatment outcome information and participation indicator information, and discuss the motivations of different metrics. Next we study the small-sample properties of propensity-score matching versus covariate matching estimators, and of different matching metrics, through Monte Carlo experiments. Through a series of simulations, we provide some guidance to practitioners on how to choose among different matching estimators and matching metrics. 2004 President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Technical Details

RePEc Handle
repec:tpr:restat:v:86:y:2004:i:1:p:91-107
Journal Field
General
Author Count
1
Added to Database
2026-01-29