Figure 4. Placebo experiments for peripheral countries (excludes countries with an RMSPE value ten times higher than that of the target country)

From

Assessing the Growth Effect of Common Currency Adoption: Synthetic Control Approach

Pei-Chien Lin, Ling-Yu Chen

Journal of Finance and Economics. 2017, 5(6), 269-280 doi:10.12691/jfe-5-6-3