Applied Impact Evaluation
Coarsened exact matching is a statistical technique used to create comparable groups in observational studies by matching units on a set of covariates after categorizing those covariates into coarser groups. This method helps reduce the dimensionality of the data and enables researchers to find better matches between treated and control groups while preserving the balance of important characteristics. It is particularly useful in settings where precise matching on all covariates may not be feasible due to limited sample sizes or when covariates have continuous values that are difficult to match exactly.
congrats on reading the definition of Coarsened Exact Matching. now let's actually learn it.