Financial

Exact matching

Exact matching

A bond portfolio management strategy that involves finding the lowest cost portfolio generating cash inflows exactly equal to cash outflows that are being financed by investment.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
References in periodicals archive
To improve balance and better approximate a randomized experiment, researchers preprocess Lindo et al.'s data set by performing exact matching on pre-treatment covariates, such as high school grade percentile and native language, and then re-estimate the impact of academic probation on student outcomes.
Whenever a seemingly exact matching chunk is found, the system does not record it again, but rather records a small pointer to the matching chunk that is already housed in the system.
There are likely to be two separate stages to the data integration task - exact matching and statistical matching.
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