\begin{table}[!h]
\caption{Synthetic Matching Estimation}
\label{tab:synth-match}
\fittable{
\begin{tabular}[t]{@{}lrrrr@{}}
\toprule
\multicolumn{2}{c}{ } & \multicolumn{3}{c}{Inference Procedure} \\
\cmidrule(l{3pt}r{3pt}){3-5}
\multicolumn{2}{c}{ } & \multicolumn{2}{c}{Bootstrap} & \multicolumn{1}{c}{Permuatation} \\
\cmidrule(l{3pt}r{3pt}){3-4} \cmidrule(l{3pt}r{3pt}){5-5}
  & CAR & SE & $p$-value & $p$-value\\
\midrule
$\hat{\phi}(0,0)$ & -0.0209 & 0.0115 & 0.068 & 0.020\\
$\hat{\phi}(0,1)$ & -0.0441 & 0.0273 & 0.106 & 0.009\\
$\hat{\phi}(0,2)$ & -0.0471 & 0.0283 & 0.096 & 0.012\\
$\hat{\phi}(0,3)$ & -0.0487 & 0.0265 & 0.066 & 0.016\\
$\hat{\phi}(0,4)$ & -0.0552 & 0.0290 & 0.057 & 0.014\\
$\hat{\phi}(0,5)$ & -0.0655 & 0.0321 & 0.041 & 0.012\\
$\hat{\phi}(0,6)$ & -0.0705 & 0.0362 & 0.051 & 0.010\\
$\hat{\phi}(0,7)$ & -0.0739 & 0.0359 & 0.040 & 0.011\\
$\hat{\phi}(0,8)$ & -0.0727 & 0.0368 & 0.048 & 0.013\\
$\hat{\phi}(0,9)$ & -0.0624 & 0.0351 & 0.075 & 0.020\\
$\hat{\phi}(0,10)$ & -0.0613 & 0.0345 & 0.076 & 0.022\\
\bottomrule
\end{tabular}}
\begin{tablenotes}
\tablenote* Notes: The estimated effect of assassination events on corporate stock returns using the synthetic matching method are reported. $P$-values for two inference procedures are presented: (1) nonparametric bootstraps (clustered at the unit level) of $5,000$ times; (2) drawing $5,000$ placebo treatment groups from the set of control firms (permutation inference). For more details, please see Section A.2 in the Online Appendix.
\end{tablenotes}
\end{table}
