CRAN
MSCMT 1.3.3
Multivariate Synthetic Control Method Using Time Series
Released May 4, 2018 by Martin Becker
Dependencies
Rdpack 0.8-0 Rglpk 0.6-3 ggplot2 2.2.1 lpSolveAPI 5.5.2.0-17 lpSolve 5.6.13
Three generalizations of the synthetic control method (which has already an implementation in package 'Synth') are implemented: first, 'MSCMT' allows for using multiple outcome variables, second, time series can be supplied as economic predictors, and third, a well-defined cross-validation approach can be used. Much effort has been taken to make the implementation as stable as possible (including edge cases) without losing computational efficiency. A detailed description of the main algorithms is given in Becker and Klößner (2018)