Professor Michael Keane

Aust. Laureate Fellow (ARC)

BS, Economics, MIT 1983

Ph.D., Economics, Brown 1990

Business School

School of Economics

Research Interests:��Labor economics, Empirical microeconomics, Econometrics, Health economics, Consumer choice behavior, Marketing

Phone

+61 2 9065 1727

E-mail

m.keane@unsw.edu.au

Location

Room 439, UNSW Business School building E12

Books | 2011

Keane MP; Todd PE; Wolpin KI, 2011, The Structural Estimation of Behavioral Models: Discrete Choice Dynamic Programming Methods and Applications,
Book Chapters | 2017

Ching A; Erdem T; Keane M, 2017, 'Empirical Models of Learning Dynamics: A Survey of Recent Developments', in Wierenga B; van der Lans R (ed.), Handbook of Marketing Decision Models, Springer, pp. 223 - 36,

Book Chapters | 2016

Keane M; Thorp S, 2016, 'Complex Decision Making: The Roles of Cognitive Limitations, Cognitive Decline and Aging', in Piggott J; Woodland A (ed.), Handbook of the Economics of Population Aging, Elsevier, pp. 661 - 710,

Book Chapters | 2016

Keane MP; Thorp S, 2016, 'Chapter 11 Complex Decision Making The Roles of Cognitive Limitations, Cognitive Decline, and Aging', in , Elsevier, pp. 661 - 709,

Book Chapters | 2015

Keane M, 2015, 'Panel Data Discrete Choice Models of Consumer Deamnd', in The Oxford Handbook of Panel Data, Oxford University Press, USA, pp. 548 - 582,

Book Chapters | 2011

Keane MP; Todd PE; Wolpin KI, 2011, 'Chapter 4 The Structural Estimation of Behavioral Models: Discrete Choice Dynamic Programming Methods and Applications', in , Elsevier, pp. 331 - 461,

Book Chapters | 2007

Geweke J; Houser D; Keane M, 2007, 'Simulation Based Inference for Dynamic Multinomial Choice Models', in A Companion to Theoretical Econometrics, pp. 466 - 493,

Book Chapters | 2006

Geweke J; Keane M, 2006, 'Bayesian Cross-Sectional Analysis of the Conditional Distribution of Earnings of Men in the United States, 1967-1996', in Upadhyay SK; Singh U; Dey DK (ed.), Bayesian Statistics And Its Applications, Anshan Ltd, India, pp. 160 - 197

Book Chapters | 2005

Feinberg SE; Keane M, 2005, 'The Intra-firm Trade of US MNCs: Findings and Implications for Models and Policies Towards Trade and Investment', in Moran TH; Graham EM; Blomstrom M (ed.), Does foreign direct investment promote development?, Institute for International Economics, USA, pp. 245 - 271

Book Chapters | 2005

Keane M, 2005, 'Econometric Challenges in Estimating FDI Spillover Effects on Productivity', in Moran TH; Graham EM; Blomstrom M (ed.), Does foreign direct investment promote development?, Institute for International Economics, USA, pp. 179 - 191

Book Chapters | 2001

Geweke J; Keane M, 2001, 'Chapter 56 Computationally Intensive Methods for Integration in Econometrics**The authors gratefully acknowledge financial support from National Science Foundation grants SBR-9511280, SBR-9731037, SES-9814342, and SES-9819444.', in , Elsevier, pp. 3463 - 3568,

Book Chapters | 2001

Geweke J; Keane M, 2001, 'Chapter 56 Computationally intensive methods for integration in econometrics', in Handbook of Econometrics, pp. 3463 - 3568,

Book Chapters | 2001

Geweke J; Keane M, 2001, 'Computationally Intensive Methods for Integration in Econometrics', in Handbook of Econometrics, Elsevier, pp. 3463 - 3568,

Book Chapters | 1993

Keane MP, 1993, '20 Simulation estimation for panel data models with limited dependent variables', in , pp. 545 - 571,
Journal articles | 2024

Keane MP; Neal T, 2024, 'A Practical Guide to Weak Instruments', Annual Review of Economics, 16, pp. 185 - 212,

Journal articles | 2023

Keane M; Neal T, 2023, 'Instrument strength in IV estimation and inference: A guide to theory and practice', Journal of Econometrics, 235, pp. 1625 - 1653,

Journal articles | 2022

Keane M; Krutikova S; Neal T, 2022, 'Child work and cognitive development: Results from four low to middle income countries', Quantitative Economics, 13, pp. 425 - 465,

Journal articles | 2022

Keane MP, 2022, 'Recent research on labor supply: Implications for tax and transfer policy', Labour Economics, 77, pp. 102026,

Journal articles | 2021

Holden R; Keane M; Lilley M, 2021, 'Peer effects on the United States Supreme Court', Quantitative Economics, 12, pp. 981 - 1019,

Journal articles | 2021

Hong H; Keane M; Winston C, 2021, 'Overview: Structural econometrics honoring Daniel McFadden', Journal of Econometrics, 222, pp. 1 - 3,

Journal articles | 2021

Iskhakov F; Keane M, 2021, 'Effects of taxes and safety net pensions on life-cycle labor supply, savings and human capital: The case of Australia', Journal of Econometrics, 223, pp. 401 - 432,

Journal articles | 2021

Keane M; Ketcham J; Kuminoff N; Neal T, 2021, 'Evaluating Consumers’ Choices of Medicare Part D Plans: A Study in Behavioral Welfare Economics', Journal of Econometrics, 222, pp. 107 - 140,

Journal articles | 2021

Keane M; Kristensen D; Iskhakov F; Schjerning B, 2021, 'Overview: Implementation of structural dynamic models: Methodology and applications', Journal of Econometrics, 223, pp. 277 - 279,

Journal articles | 2020

Ching AT; Erdem T; Keane MP, 2020, 'How much do consumers know about the quality of products? Evidence from the diaper market', Japanese Economic Review, 71, pp. 541 - 569,

Journal articles | 2020

Keane M; Neal T, 2020, 'Climate Change and U.S. Agriculture: Accounting for Multidimensional Slope Heterogeneity in Panel Data', Quantitative Economics, 11, pp. 1391 - 1429,

Journal articles | 2020

Keane M; Neal T, 2020, 'Comparing deep neural network and econometric approaches to predicting the impact of climate change on agricultural yield', Econometrics Journal, 23, pp. 59 - 80,

Journal articles | 2020

Keane M; Neal T, 2020, 'Consumer panic in the COVID-19 pandemic', Journal of Econometrics, 220, pp. 86 - 105,

Journal articles | 2020

Keane MP; Krutikova S; Neal T, 2020, 'The Impact of Child Work on Cognitive Development: Results from Four Low to Middle Income Countries', SSRN Electronic Journal,

Journal articles | 2020

Keane MP; McCormick B; Popławska G, 2020, 'Health care spending in the US vs UK: The roles of medical education costs, malpractice risk and defensive medicine', European Economic Review, 124, pp. 103401,

Journal articles | 2019

Eckstein Z; Keane M; Lifshitz O, 2019, 'Career and Family Decisions: Cohorts Born 1935-1975', Econometrica, 87, pp. 217 - 253,

Journal articles | 2019

Holden R; Keane MP; Lilley M, 2019, 'Peer Effects on the United States Supreme Court', SSRN Electronic Journal,

Journal articles | 2018

Bruins M; Duffy JA; Keane MP; Smith AA, 2018, 'Generalized indirect inference for discrete choice models', Journal of Econometrics, 205, pp. 177 - 203,

Journal articles | 2018

Eckstein Z; Keane MP; Rogerson R; Sauer RM, 2018, 'Special Issue on “The Interface between Structural Micro and Macroeconomics”', European Economic Review, 106, pp. 77 - 77,

Journal articles | 2018

Keane M; Thakur R, 2018, 'Health care spending and hidden poverty in India', Research in Economics, 72, pp. 435 - 451,

Journal articles | 2016

Keane M; Neal T, 2016, 'The Keane and Runkle estimator for panel-data models with serial correlation and instruments that are not strictly exogenous', Stata Journal, 16, pp. 523 - 549,

Journal articles | 2016

Keane M; Stavrunova O, 2016, 'Adverse selection, moral hazard and the demand for Medigap insurance', Journal of Econometrics, 190, pp. 62 - 78,

Journal articles | 2016

Keane MP; Wasi N, 2016, 'How to model consumer heterogeneity? Lessons from three case studies on SP and RP data', Research in Economics, 70, pp. 197 - 231,

Journal articles | 2016

Keane MP; Wasi N, 2016, 'Labour Supply: The Roles of Human Capital and The Extensive Margin', Economic Journal, 126, pp. 578 - 617,

Journal articles | 2016

Keane MP, 2016, 'Life-cycle Labour Supply with Human Capital: Econometric and Behavioural Implications', Economic Journal, 126, pp. 546 - 577,

Journal articles | 2015

Keane M; Rogerson R, 2015, 'Reconciling Micro and Macro Labor Supply Elasticities: A Structural Perspective', Annual Review of Economics, 7, pp. 89 - 117,

Journal articles | 2015

Keane MP, 2015, 'Effects of permanent and transitory tax changes in a life-cycle labor supply model with human capital', International Economic Review, 56, pp. 485 - 503,

Journal articles | 2014

Ching AT; Erdem T; Keane MP, 2014, 'A simple method to estimate the roles of learning, inventories and category consideration in consumer choice', Journal of Choice Modelling, 13, pp. 60 - 72,

Journal articles | 2014

Fiorini M; Keane MP, 2014, 'How the allocation of children’s time affects cognitive and noncognitive development', Journal of Labor Economics, 32, pp. 787 - 836,

Journal articles | 2013

Ching AT; Erdem T; Keane MP, 2013, 'Learning models: An assessment of progress, challenges, and new developments', Marketing Science, 32, pp. 913 - 938,

Journal articles | 2013

Johar M; Jones G; Keane M; Savage E; Stavrunova O, 2013, 'Discrimination in a universal health system: Explaining socioeconomic waiting time gaps', Journal of Health Economics, 32, pp. 181 - 194,

Journal articles | 2013

Keane M; Wasi N, 2013, 'COMPARING ALTERNATIVE MODELS OF HETEROGENEITY IN CONSUMER CHOICE BEHAVIOR', Journal of Applied Econometrics, 28, pp. 1018 - 1045,

Journal articles | 2013

Keane MP, 2013, 'A Dynamic Equilibrium Model of the U.S. Wage Structure, 1968-1996', Journal of Labor Economics, 30, pp. 1 - 49,

Journal articles | 2012

Johar M; Savage E; Stavrunova O; Jones G; Keane M, 2012, 'Geographic Differences in Hospital Waiting Times', Economic Record, 88, pp. 165 - 181,

Journal articles | 2012

Keane M; Rogerson R, 2012, 'Micro and macro labor supply elasticities: A reassessment of conventional wisdom', Journal of Economic Literature, 50, pp. 464 - 476,

Journal articles | 2011

Bernal R; Keane M, 2011, 'Child care choices and children's cognitive achievement: The case of single mothers', Journal of Labor Economics, 29, pp. 459 - 512,

Journal articles | 2011

Johar M; Jones G; Keane M; Savage E; Stavrunova O, 2011, 'Waiting times for elective surgery and the decision to buy private health insurance', Health Economics, 20, pp. 68 - 86,

Journal articles | 2011

Keane M, 2011, 'A Smooth Mixture of Tobits Model for Health Care Expenditure', Health Economics, 20, pp. 1126 - 1153,

Journal articles | 2011

Keane M, 2011, 'Human Capital, Taxes and Labour Supply', Economic Record, 87, pp. 37 - 44,

Journal articles | 2011

Keane M, 2011, 'Labor Supply and Taxes: A Survey', Journal of Economic Literature, 49, pp. 961 - 1075,

Journal articles | 2010

Bernal R; Keane M, 2010, 'Quasi-structural estimation of a model of childcare choices and child cognitive ability production', Journal of Econometrics, 156, pp. 164 - 189,

Journal articles | 2010

Keane M; Merlo A, 2010, 'Money, Political Ambition, and the Career Decisions of Politicians', American Economic Journal: Microeconomics, 2, pp. 186 - 215,

Journal articles | 2010

Keane M; Sauer R, 2010, 'A Computationally Practical Simulation Estimation Algorithm for Dynamic Panel Data Models with Unobserved Endogenous State Variables', International Economic Review, 51, pp. 925 - 958,

Journal articles | 2010

Keane M; Wolpin KI, 2010, 'The Role of Labor and Marriage Markets, Preference Heterogeneity and the Welfare System in the Life-Cycle Decisions of Black, Hispanic and White Women', International Economic Review, 51, pp. 851 - 892,

Journal articles | 2010

Keane M, 2010, 'A Structural Perspective on the Experimentalist School', Journal of Economic Perspectives, 24, pp. 47 - 58,

Journal articles | 2010

Keane M, 2010, 'Structural vs Atheoretic Approaches to Econometrics', Journal of Econometrics, 156, pp. 3 - 20,

Journal articles | 2010

Wasi N; Keane M; Fiebig D; Louviere J, 2010, 'The Generalized Multinomial Logit Model: Accounting for Scale and Coefficient Heterogeneity', Marketing Science, 29, pp. 393 - 421,

Journal articles | 2009

Ching A; Erdem T; Keane M, 2009, 'The price consideration model of brand choice', Journal of Applied Econometrics, 24, pp. 393 - 420,

Journal articles | 2009

Erdem T; Keane MP; Baohung , 2009, 'A Dynamic Model of Brand Choice When Price and Advertising Signal Product Quality (vol 27, pg 1111, 2008)', MARKETING SCIENCE, 28, pp. II - II,

Journal articles | 2009

Erdem T; Keane MP; Baohung , 2009, 'Erratum: A dynamic model of brand choice when price and advertising signal product quality (Marketing Science (2008) 27:6 (1111-1125))', Marketing Science, 28

Journal articles | 2009

Feinberg SE; Keane M, 2009, 'Tariff effects on MNC decisions to engage in intra-firm and arm's-length trade', Canadian Journal of Economics - Revue Canadienne D Economique, 42, pp. 900 - 929,

Journal articles | 2009

Keane M; Roemer JE, 2009, 'Assessing Policies to Equalize Opportunity Using a Dynamic Equilibrium Model of Educational and Occupational Choices', Journal of Public Economics, 93, pp. 879 - 898,

Journal articles | 2009

Keane M; Sauer RM, 2009, 'Classification Error in Dynamic Discrete Choice Models: Implications for Female Labor Supply Behavior', Econometrica, 77, pp. 975 - 991,

Journal articles | 2009

Keane M, 2009, 'Simulated Maximum Likelihood Estimation Based on First Order Conditions', International Economic Review, 50, pp. 627 - 675,

Journal articles | 2009

Keane MP; Wolpin KI, 2009, 'Empirical applications of discrete choice dynamic programming models', Review of Economic Dynamics, 12, pp. 1 - 22,

Journal articles | 2008

Adamowicz W; Bunch D; Cameron TA; Dellaert BGC; Hanneman M; Keane M; Louviere J; Meyer R; Steenburgh T; Swait J, 2008, 'Behavioral frontiers in choice modeling', Marketing Letters, 19, pp. 215 - 228,

Journal articles | 2008

Erdem T; Keane M; Sun B, 2008, 'A Dynamic Model of Brand Choice when Price and Advertising Signal Product Quality', Marketing Science, 27, pp. 1111 - 1125,

Journal articles | 2008

Erdem T; Keane M; Sun B, 2008, 'The Impact of Advertising on Consumer Price Sensitivity in Experience Goods Markets', Qme - Quantitative Marketing and Economics, 6, pp. 139 - 176,

Journal articles | 2008

Fang H; Keane M; Silverman D, 2008, 'Sources of Advantageous Selection: Evidence from the Medigap Insurance Market', Journal of Political Economy, 116, pp. 303 - 350,

Journal articles | 2007

Fang H; Keane M; Khwaja A; Salm M; Silverman D, 2007, 'Testing the Mechanisms of Structural Models: The Case of the Mickey Mantle Effect', American Economic Review, 97, pp. 53 - 59,

Journal articles | 2007

Geweke J; Keane M, 2007, 'Smoothly Mixing Regressions', Journal of Econometrics, 138, pp. 252 - 290,

Journal articles | 2007

Keane M; Feinberg SE, 2007, 'Advances in logistics and the growth of intra-firm trade: the case of Canadian affiliates of US multinationals, 1984-1995', Journal of Industrial Economics, 55, pp. 571 - 632,

Journal articles | 2007

Keane M; Wolpin KI, 2007, 'Exploring The Usefulness Of A Nonrandom Holdout Sample For Model Validation: Welfare Effects On Female Behavior', International Economic Review, 48, pp. 1351 - 1378,

Journal articles | 2006

Feinberg SE; Keane M, 2006, 'Accounting for the Growth of MNC-based Trade using a Structural Model of U.S. MNCs', American Economic Review, 96, pp. 1515 - 1558,

Journal articles | 2006

Keane M; Prasad ES, 2006, 'Changes in the Structure of Earnings During the Polish Transition', Journal of Development Economics, 80, pp. 389 - 427,

Journal articles | 2005

Bognanno M; Keane M; Yang D, 2005, 'The Influence of Wages and Industrial Relations Environments on the Production Location Decisions of U.S. Multinational Corporations', Industrial and Labor Relations Review, 58, pp. 171 - 200

Journal articles | 2005

Erdem T; Keane M; Sabri oncu T; Strebel J, 2005, 'Learning About Computers: An Analysis of Information Search and Technology Choice', Qme - Quantitative Marketing and Economics, 3, pp. 207 - 247,

Journal articles | 2005

Erdem T; Srinivasan K; Amaldoss W; Bajari P; Che H; Ho T; Hutchinson W; Katz M; Keane M; Meyer R; Reiss P, 2005, 'Theory-driven choice models', Marketing Letters, 16, pp. 225 - 237,

Journal articles | 2005

Houser D; Bechara A; Keane M; McCabe K; Smith V, 2005, 'Identifying individual differences: An algorithm with application to Phineas Gage', Games and Economic Behavior, 52, pp. 373 - 385,

Journal articles | 2005

Keane M, 2005, 'A Political Economy Model of Congressional Careers', American Economic Review, 95, pp. 347 - 373

Journal articles | 2004

Fang H; Keane MP; Blank RM; Grogger J, 2004, 'Assessing the impact of welfare reform on single mothers', Brookings Papers on Economic Activity, pp. 1 - 116

Journal articles | 2004

Houser D; Keane M; McCabe K, 2004, 'Behavior in a dynamic decision problem: An analysis of experimental evidence using a Bayesian type classification algorithm', Econometrica, 72, pp. 781 - 822,

Journal articles | 2004

Imai S; Keane MP, 2004, 'Intertemporal labor supply and human capital accumulation', International Economic Review, 45, pp. 601 - 641,

Journal articles | 2003

Erdemy T; Imai S; Keane MP, 2003, 'Brand and Quantity Choice Dynamics Under Price Uncertainty', QME-QUANTITATIVE MARKETING AND ECONOMICS, 1, pp. 5 - 64,

Journal articles | 2002

Keane MP; Prasad ES, 2002, 'Inequality, transfers, and growth: New evidence from the economic transition in Poland', Review of Economics and Statistics, 84, pp. 324 - 341,

Journal articles | 2002

Keane MP; Wolpin KI, 2002, 'Estimating welfare effects consistent with forward-looking behavior. Part I: Lessons from a simulation exercise', Journal of Human Resources, 37, pp. 570 - 559,

Journal articles | 2002

Keane MP; Wolpin KI, 2002, 'Estimating welfare effects consistent with forward-looking behavior. Part II: Empirical results', Journal of Human Resources, 37, pp. 600 - 622,

Journal articles | 2002

Keane MP, 2002, 'Financial Aid, Borrowing Constraints, and College Attendance: Evidence from Structural Estimates', American Economic Review, 92, pp. 293 - 297,

Journal articles | 2002

Prasad E; Keane MP, 2002, 'Changes in the Structure of Earnings During the Polish Transition', IMF Working Papers, 02, pp. 1 - 1,

Journal articles | 2001

Feinberg SE; Keane MP, 2001, 'U.S.-Canada trade liberalization and MNC production location', Review of Economics and Statistics, 83, pp. 118 - 132,

Journal articles | 2001

Keane MP; Prasad ES, 2001, 'Poland: Inequality, transfers, and growth in transition', Finance and Development, 38, pp. 50 - 53

Journal articles | 2001

Keane MP; Wolpin KI, 2001, 'The Effect of Parental Transfers and Borrowing Constraints On Educational Attainment', SSRN Electronic Journal,

Journal articles | 2001

Keane MP; Wolpin KI, 2001, 'The effect of parental transfers and borrowing constraints on educational attainment', International Economic Review, 42, pp. 1051 - 1103,

Journal articles | 2000

Geweke J; Keane M, 2000, 'An empirical analysis of earnings dynamics among men in the PSID: 1968-1989', Journal of Econometrics, 96, pp. 293 - 356,

Journal articles | 2000

Keane M; Prasad E, 2000, 'Consumption and income inequality during the transition to a market economy: Poland, 1985-1992', IMF Staff Papers, 47, pp. 121 - 154

Journal articles | 2000

Keane MP; Wolpin KI, 2000, 'Eliminating race differences in school attainment and labor market success', Journal of Labor Economics, 18, pp. 614 - 652,

Journal articles | 2000

Prasad E; Keane MP, 2000, 'Inequality, Transfers and Growth: New Evidence From the Economic Transition in Poland', IMF Working Papers, 00, pp. 1 - 1,

Journal articles | 1999

Erdem T; Swait J; Broniarczyk S; Kapferer J; Keane M; Roberts JH; Steenkamp J; Zettelmeyer F, 1999, 'Brand equity, consumer learning and choice', Marketing Letters, pp. 301 - 318,

Journal articles | 1999

Prasad E; Keane MP, 1999, 'Consumption and Income Inequality in Poland During the Economic Transition', IMF Working Papers, 99, pp. 1 - 1,

Journal articles | 1998

Erdem T; Keane MP; Sun B, 1998, 'Missing price and coupon availability data in scanner panels: Correcting for the self-selection bias in choice model parameters', Journal of Econometrics, 89, pp. 177 - 196,

Journal articles | 1998

Feinberg SE; Keane MP; Bognanno MF, 1998, 'Trade liberalization and 'delocalization': New evidence from firm-level panel data', Canadian Journal of Economics, 31, pp. 749 - 777,

Journal articles | 1998

Harris KM; Keane MP, 1998, 'A model of health plan choice: Inferring preferences and perceptions from a combination of revealed preference and attitudinal data', Journal of Econometrics, 89, pp. 131 - 157,

Journal articles | 1998

Keane M; Moffitt R, 1998, 'A structural model of multiple welfare program participation and labor supply', International Economic Review, 39, pp. 553 - 589,

Journal articles | 1998

Keane MP; Runkle DE, 1998, 'Are Financial Analysts' Forecasts of Corporate Profits Rational?', Journal of Political Economy, 106, pp. 768 - 805,

Journal articles | 1997

Geweke JF; Keane MP; Runkle DE, 1997, 'Statistical inference in the multinomial multiperiod probit model', Journal of Econometrics, 80, pp. 125 - 165,

Journal articles | 1997

Keane MP; Wolpin KI, 1997, 'Introduction to the JBES special issue on structural estimation in applied microeconomics', JOURNAL OF BUSINESS & ECONOMIC STATISTICS, 15, pp. 111 - 114,

Journal articles | 1997

Keane MP; Wolpin KI, 1997, 'Introduction to the jbes special issue on structural estimation in applied microeconomics', Journal of Business and Economic Statistics, 15, pp. 111 - 114,

Journal articles | 1997

Keane MP; Wolpin KI, 1997, 'The career decisions of young men', Journal of Political Economy, 105, pp. 473 - 522,

Journal articles | 1997

Keane MP, 1997, 'Current issues in discrete choice modeling', Marketing Letters, 8, pp. 307 - 322,

Journal articles | 1997

Keane MP, 1997, 'Modeling heterogeneity and state dependence in consumer choice behavior', JOURNAL OF BUSINESS & ECONOMIC STATISTICS, 15, pp. 310 - 327,

Journal articles | 1997

Keane MP, 1997, 'Modeling heterogeneity and state dependence in consumer choice behavior', Journal of Business and Economic Statistics, 15, pp. 310 - 327,

Journal articles | 1996

Erdem T; Keane MP, 1996, 'Decision-making under uncertainty: Capturing dynamic brand choice processes in turbulent consumer goods markets', Marketing Science, 15, pp. 1 - 20,

Journal articles | 1996

Keane MP; Prasad ES, 1996, 'The employment and wage effects of oil price changes: A sectoral analysis', Review of Economics and Statistics, 78, pp. 389 - 399,

Journal articles | 1995

ELROD T; KEANE MP, 1995, 'A FACTOR-ANALYTIC PROBIT MODEL FOR REPRESENTING THE MARKET-STRUCTURE IN PANEL-DATA', JOURNAL OF MARKETING RESEARCH, 32, pp. 1 - 16,

Journal articles | 1995

Elrod T; Keane MP, 1995, 'A Factor-Analytic Probit Model for Representing the Market Structure in Panel Data', Journal of Marketing Research, 32, pp. 1 - 16,

Journal articles | 1995

KEANE MP; RUNKLE DE, 1995, 'TESTING THE RATIONALITY OF PRICE FORECASTS - REPLY', AMERICAN ECONOMIC REVIEW, 85, pp. 290 - 290,

Journal articles | 1995

KEANE MP, 1995, 'DECOMPOSING WAGE VARIATION - REPLY', JOURNAL OF HUMAN RESOURCES, 30, pp. 861 - 863,

Journal articles | 1995

Keane MP; Prasad E, 1995, 'The Employment and Wage Effects of Oil Price Changes: A Sectoral Analysis', IMF Working Papers, 95, pp. i - i,

Journal articles | 1994

Geweke J; Keane M; Runkle D, 1994, 'Alternative computational approaches to inference in the multinomial probit model', Review of Economics and Statistics, 76, pp. 609 - 632,

Journal articles | 1994

Horowitz JL; Bolduc D; Divakar S; Geweke J; Gönül F; Hajivassiliou V; Koppelman FS; Keane M; Matzkin R; Rossi P; Ruud P, 1994, 'Advances in random utility models report of the workshop on advances in random utility models duke invitational symposium on choice modeling behavior', Marketing Letters, 5, pp. 311 - 322,

Journal articles | 1994

Keane MP; Wolpin KI, 1994, 'The solution and estimation of discrete choice dynamic programming models by simulation and interpolation: Monte Carlo evidence', Review of Economics and Statistics, 76, pp. 648 - 672,

Journal articles | 1994

Keane MP, 1994, 'A computationally practical simulation estimator for panel data', Econometrica, 62, pp. 95 - 116,

Journal articles | 1993

KEANE M; PRASAD E, 1993, 'SKILL LEVELS AND THE CYCLICAL VARIABILITY OF EMPLOYMENT, HOURS, AND WAGES', INTERNATIONAL MONETARY FUND STAFF PAPERS, 40, pp. 711 - 743,

Journal articles | 1993

KEANE MP, 1993, 'INDIVIDUAL HETEROGENEITY AND INTERINDUSTRY WAGE DIFFERENTIALS', JOURNAL OF HUMAN RESOURCES, 28, pp. 134 - 161,

Journal articles | 1993

Keane MP; Prasad E, 1993, 'The Relation Between Skill Levels and the Cyclical Variability of Employment, Hours, and Wages', IMF Working Papers, 92, pp. i - i,

Journal articles | 1993

Keane MP, 1993, 'Nominal-contracting theories of unemployment: evidence from panel data', American Economic Review, 83, pp. 932 - 952

Journal articles | 1992

KEANE MP; RUNKLE DE, 1992, 'ON THE ESTIMATION OF PANEL-DATA MODELS WITH SERIAL-CORRELATION WHEN INSTRUMENTS ARE NOT STRICTLY EXOGENOUS - REPLY', JOURNAL OF BUSINESS & ECONOMIC STATISTICS, 10, pp. 26 - 29,

Journal articles | 1992

KEANE MP; RUNKLE DE, 1992, 'ON THE ESTIMATION OF PANEL-DATA MODELS WITH SERIAL-CORRELATION WHEN INSTRUMENTS ARE NOT STRICTLY EXOGENOUS', JOURNAL OF BUSINESS & ECONOMIC STATISTICS, 10, pp. 1 - 9,

Journal articles | 1992

KEANE MP, 1992, 'A NOTE ON IDENTIFICATION IN THE MULTINOMIAL PROBIT MODEL', JOURNAL OF BUSINESS & ECONOMIC STATISTICS, 10, pp. 193 - 200,

Journal articles | 1992

Keane MP; Runkle DE, 1992, 'On the estimation of panel-data models with serial correlation when instruments are not strictly exogenous', Journal of Business and Economic Statistics, 10, pp. 1 - 9,

Journal articles | 1992

Keane MP; Runkle DE, 1992, 'Reply', Journal of Business and Economic Statistics, 10, pp. 26 - 29,

Journal articles | 1992

Keane MP, 1992, 'A note on identification in the multinomial probit model', Journal of Business and Economic Statistics, 10, pp. 193 - 200,

Journal articles | 1990

KEANE MP; RUNKLE DE, 1990, 'TESTING THE RATIONALITY OF PRICE FORECASTS - NEW EVIDENCE FROM PANEL DATA', AMERICAN ECONOMIC REVIEW, 80, pp. 714 - 735,

Journal articles | 1988

KEANE M; MOFFITT R; RUNKLE D, 1988, 'REAL WAGES OVER THE BUSINESS-CYCLE - ESTIMATING THE IMPACT OF HETEROGENEITY WITH MICRO DATA', JOURNAL OF POLITICAL ECONOMY, 96, pp. 1232 - 1266,

Journal articles |

Holden R; Keane M; Lilley M, 'Peer Effects on the United States Supreme Court', SSRN Electronic Journal,
Working Papers | 2018

Keane MP; Iskhakov F, 2018, Effects of Taxes and Safety Net Pensions on Life-Cycle Labor Supply, Savings and Human Capital: The Case of Australia, Elsevier,

Working Papers | 2011

Keane M; Rogerson R, 2011, Reconciling Micro and Macro Labor Supply Elasticities: A Structural Perspective, National Bureau of Economic Research, ,

Working Papers | 2006

Fang H; Keane M; Silverman D, 2006, Sources of Advantageous Selection: Evidence from the Medigap Insurance Market, National Bureau of Economic Research, ,

Working Papers | 2003

Feinberg S; Keane MP, 2003, Accounting for the Growth of Mnc-Based Trade Using a Structural Model of U.S. Mncs, Elsevier,

Working Papers | 2002

Diermeier D; Keane MP; Merlo A, 2002, A Political Economy Model of Congressional Careers, Elsevier,

Working Papers | 2001

Keane MP; Wolpin KI, 2001, Estimating Welfare Effects Consistent with Forward-Looking Behavior. Part Ii: Empirical Results, Elsevier,
Preprints | 2015

Bruins M; Duffy JA; Keane MP; Smith AA, 2015, Generalized Indirect Inference for Discrete Choice Models, ,

Conference Papers | 2002

Keane MP; Prasad ES, 2002, 'Social transfers and inequality during the Polish transition', in Eichier TS; Turnovsky SJ (ed.), INEQUALITY AND GROWTH: THEORY AND POLICY IMPLICATIONS, M I T PRESS, GERMANY, Elmau, pp. 121 - 153, presented at Conference on Inequality and Growth - Theory and Policy Implications, GERMANY, Elmau, 18 January 2002 - 20 January 2002,

Conference Papers | 1994

GEWEKE J; KEANE M; RUNKLE D, 1994, 'RECURSIVELY SIMULATING MULTINOMIAL MULTIPERIOD PROBIT PROBABILITIES', in AMERICAN STATISTICAL ASSOCIATION 1994 PROCEEDINGS OF THE BUSINESS AND ECONOMIC STATISTICS SECTION, AMER STATISTICAL ASSOC, CANADA, TORONTO, pp. 1 - 6, presented at Annual Meeting of the American-Statistical-Association, Business-and-Economic-Statistics-Section, CANADA, TORONTO, 13 August 1994 - 18 August 1994,

Preprints |

Capatina E; Keane MP; Maruyama S, Health Shocks and the Evolution of Consumption and Income over the Life-Cycle,

Preprints |

Capatina E; Keane MP; Maruyama S, Socio-Economic Disparities in US Healthcare Spending: The Role of Public vs Private Insurance,

Preprints |

Ching A; Erdem T; Keane MP, A Simple Method to Estimate the Roles of Learning, Inventories and Category Consideration in Consumer Choice,

Preprints |

Ching A; Erdem T; Keane MP, Empirical Models of Learning Dynamics: A Survey of Recent Developments,

Preprints |

Ching A; Erdem T; Keane MP, How Much Do Consumers Know About the Quality of Products? Evidence from the Diaper Market,

Preprints |

Ching A; Erdem T; Keane MP, Learning Models: An Assessment of Progress, Challenges and New Developments,

Preprints |

Ching AT; Erdem T; Keane MP, Online Appendices to Learning Models: An Assessment of Progress, Challenges and New Developments,

Preprints |

Diermeier D; Keane MP; Merlo AM, A Political Economy Model of Congressional Careers, Second Version, ,

Preprints |

Diermeier D; Keane MP; Merlo AM, A Political Economy Model of Congressional Careers: Supplementary Material,

Preprints |

Erdem T; Keane MP; Sun B, A Dynamic Model of Brand Choice When Price and Advertising Signal Product Quality,

Preprints |

Erdem T; Keane MP; Sun B, The Impact of Advertising on Consumer Price Sensitivity in Experience Goods Markets,

Preprints |

Keane MP; McCormick B; Poplawska G, Health Care Spending in the US vs UK: The Roles of Medical Education Costs, Malpractice Risk and Defensive Medicine,

Preprints |

Keane MP; Merlo AM, Money, Political Ambition, and the Career Decisions of Politicians, Second Version, ,

Preprints |

Keane MP; Merlo AM, Money, Political Ambition, and the Career Decisions of Politicians,

Preprints |

Keane MP; Neal T, 2SLS Using Weak Instruments: Implications for Estimating the Frisch Labor Supply Elasticity, ,

Preprints |

Keane MP; Neal T, A New Perspective on Weak Instruments,

Preprints |

Keane MP; Neal T, Comparing Deep Neural Network and Econometric Approaches to Predicting the Impact of Climate Change on Agricultural Yield,

Preprints |

Keane MP; Neal T, Consumer Panic in the COVID-19 Pandemic,

Preprints |

Keane MP; Neal T, Robust Inference for the Frisch Labor Supply Elasticity,

Preprints |

Keane MP; Neal T, The Impact of Climate Change on US Agriculture: The Roles of Adaptation Techniques and Emissions Reductions,

Preprints |

Keane MP; Prasad ES, Changes in the Structure of Earnings During the Polish Transition,

Preprints |

Keane MP; Prasad ES, Changes in the Structure of Earnings During the Polish Transition, ,

Preprints |

Keane MP; Prasad ES, Consumption and Income Inequality in Poland During the Economic Transition, ,

Preprints |

Keane MP; Prasad ES, Inequality, Transfers and Growth: New Evidence from the Economic Transition in Poland,

Preprints |

Keane MP; Prasad ES, Inequality, Transfers and Growth: New Evidence from the Economic Transition in Poland,

Preprints |

Keane MP; Sauer RM, A Computationally Practical Simulation Estimation Algorithm for Dynamic Panel Data Models with Unobserved Endogenous State Variables, ,

Preprints |

Keane MP; Sauer RM, A Computationally Practical Simulation Estimation Algorithm for Dynamic Panel Data Models with Unobserved Endogenous State Variables, ,

Preprints |

Keane MP; Thakur R, Health Care Spending and Hidden Poverty in India,

Preprints |

Keane MP; Wolpin KI, Estimating Welfare Effects Consistent with Forward-Looking Behavior. Part I: Lessons from a Simulation Exercise,

Preprints |

Keane MP; Wolpin KI, Exploring the Usefulness of a Non-Random Holdout Sample for Model Validation: Welfare Effects on Female Behavior, ,

Preprints |

Keane MP; Wolpin KI, The Role of Labor and Marriage Markets, Preference Heterogeneity and the Welfare System in the Life Cycle Decisions of Black, Hispanic and White Women,

Preprints |

Sauer RM; Keane MP, Classification Error in Dynamic Discrete Choice Models: Implications for Female Labor Supply Behavior,

Reports |

Reconciling Micro and Macro Labor Supply Elasticities: A Structural Perspective, National Bureau of Economic Research, ,

Reports |

Sources of Advantageous Selection: Evidence from the Medigap Insurance Market, National Bureau of Economic Research, ,

Research Grants:

2021-2025: Australian Research Council Discovery Grant, 'Optimal Tax Theory Meets Modern Labour Supply Theory'
2012-2020: Australian Research Council Laureate Fellowship
2009-2013: Australian Research Council Discovery Grant, 'How the Allocation of Children's Time Affects Cognitive and Non-Cognitive Development'
2009-2011: Australian Research Council Discovery Grant, 'The Effect of Hospital Waiting Times on Demand for Private Health Insurance'
2007-2010: Australian Research Council Discovery Grant, 'Effects of Maternal Work, Day Care Use and Other Investments in Children on Child Cognitive Outcomes'
2006-2010: Australian Research Council Federation Fellowship
2006-2007: Australian Research Council Discovery Grant, 'Modeling Health Insurance Choices and the Design of Health Insurance Markets'
2000-2003: National Institutes of Health, 'An Analysis of Earnings Inequality and Earnings Mobility', with John Geweke
1998-2000: National Council for Eastern European and Eurasian Research, 'Consumption in Poland During Economic Transition', with Eswar Prasad
1998-2001: National Science Foundation, 'Consumer learning about Quality and its Role in Consumer Choice', with Tulin Erdem
1998-2001: National Science Foundation, 'A Political Economy Model of Congressional Careers', with Antonio Merlo
1995-1997: National Science Foundation, 'Theoretical and Empirical Issues in Consumer Decision Making', with Tulin Erdem
1995-1997: U.S. Department Labor, Bureau of Labor Statistics, contract to Battelle Memorial Institute, SGA 94-04 'An Examination of School to Work Transitions in the NLSY', with Ken Wolpin
1992-1995: National Institutes of Health, 'The Career Decisions of Young Men', with Ken Wolpin
1994-1995: Institute for Research on Poverty, 'The Dynamics of Earnings and Poverty', with John Geweke
1995-1999: National Institutes of Health, 'Public Welfare and Life Cycle Decisions of Young Women', with Ken Wolpin

Alfred P. Sloan Doctoral Dissertation Fellow, September 1987 - June 1988.

John D.C. Little Award, 1996.

Australian Federation Fellow, June 2005.

Fellow of the Econometric Society, 2005.

Kenneth J. Arrow Award, 2008.

Council of the Econometric Society, 2010-2012.

Australian Laureate Fellow, August 2011.

Fellow of the Academy of the Social Sciences in Australia, 2012.

Australian Health Economics Society (AHES) Biennial Research Prize, 2013.

Fellow of the Journal of Econometrics, 2016.

Dennis J. Aigner Award, 2017.

Founding Fellow, International Association of Applied Econometrics, 2018.

Council of the Econometric Society, 2019-2021.

Fellow of the Society of Labor Economists (SOLE), 2021.

ARC Discovery Grant (DP210103319) "Optimal Tax Policy Meets Modern Labour Supply Theory" 2021-2025

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Professor Michael Keane

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