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The phrase "overstate the effects" is correct and usable in written English.
It can be used to indicate that a statement or an opinion exaggerates the importance or strength of an event or phenomenon. For example, "The media often overstate the effects of climate change, creating a greater sense of urgency than is warranted."
Exact(6)
That sounds like a model that would tend to overstate the effects of major events that favoured one candidate or the other.
"Economists generally overstate the effects of uncertainty on spending, but in this case it does seem to be significant," he added.
But they also push up the unemployment rate by discouraging workers from looking for jobs as assiduously as they might otherwise do.It is easy to overstate the effects of this.
Be particularly skeptical when such claims are being peddled by the people who earn a commission on every ad they run, who naturally have an incentive to overstate the effects of ads and thus their own contribution to the election's outcome.
I have spoken mostly about the possible effects on the success of far right parties in Europe, my main expertise, and have been cautious not to overstate the effects.
Importantly, these studies are cross-sectional in design and do not capture changes in utility associated with an individuals' experience of their own weight loss/gain and, therefore, the application of such utility gains may overstate the effects of weight change.
Similar(54)
It's impossible to overstate the effect of this liberation.
It's hard to overstate the effect his stuttering has had on his life.
"You can't overstate the effect of spending $80 to fill up your car.
But Frederic Friedel, a computer chess pioneer and the founder of the news site ChessBase, argues that it's possible to overstate the effect the victory had.
He knows it is bogus to overstate the effect of their backgrounds but hopes their sensibilities will complement the opera and be 'a happy marriage of interests'.
More suggestions(15)
exaggerate the effects
inflate the effects
highlight the effects
reiterate the effects
overstate the implications
emphasise the effects
over estimate the effects
underscore the effects
overstate the legacy
overemphasize the effects
overstate the consequence
understate the effects
overstate the effect
overstate the impact
overestimate the effects
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com