studies or
“synthetic counterfactuals” or SCM
• Abadie et al: AER 2003, JASA...Campos and
Kinoshita 2010 IMFSP)
� Anti-smoking legislation (Abadie et al....
It emerged in the wa-
ke of the widely-known Mexican crisis (1994/95) and was
followed...Japan and heavy government sup-
port encouraged big investments in Southeast Asia...
