Michael Keane
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Most Influential Person Now
American economist
Michael Keane 's AcademicInfluence.com Rankings
Michael Keane economics Degrees
Economics
#1615
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#1859
Historical Rank
Macroeconomics
#198
World Rank
#212
Historical Rank
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Economics
Michael Keane 's Degrees
- Masters Economics Stanford University
- Bachelors Economics Princeton University
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Why Is Michael Keane Influential?
(Suggest an Edit or Addition)According to Wikipedia, Michael Patrick Keane is an American-born economist; he is the Wm. Polk Carey Distinguished Professor at Johns Hopkins University. Keane was previously a professor at the University of New South Wales and the Nuffield Professor of Economics at the University of Oxford. He is considered one of the world's leading experts in the fields of Choice Modelling, structural modelling, simulation estimation, and panel data econometrics.
Michael Keane 's Published Works
Published Works
- The Career Decisions of Young Men (1997) (1460)
- Decision-Making Under Uncertainty: Capturing Dynamic Brand Choice Processes in Turbulent Consumer Goods Markets (1996) (1014)
- The Generalized Multinomial Logit Model: Accounting for Scale and Coefficient Heterogeneity (2010) (784)
- The Effect of Parental Transfers and Borrowing Constraints On Educational Attainment (1999) (724)
- A Computationally Practical Simulation Estimator for Panel Data (1989) (648)
- A Structural Model of Multiple Welfare Program Participation and Labor Supply (1998) (640)
- Testing the Rationality of Price Forecasts: New Evidence from Panel Data (1990) (563)
- The Solution and Estimation of Discrete Choice Dynamic Programming Models by Simulation and Interpol (1994) (562)
- Labor Supply and Taxes: A Survey (2011) (499)
- Sources of Advantageous Selection: Evidence from the Medigap Insurance Market (2006) (479)
- Intertemporal Labor Supply and Human Capital Accumulation (2004) (410)
- A Political Economy Model of Congressional Careers (2002) (397)
- Modeling Heterogeneity and State Dependence in Consumer Choice Behavior (1997) (381)
- Alternative computational approaches to inference in the multinomial probit model (1994) (363)
- Brand and Quantity Choice Dynamics Under Price Uncertainty (2003) (352)
- A Note on Identification in the Multinomial Probit Model (1992) (351)
- A Dynamic Model of Brand Choice When Price and Advertising Signal Product Quality (2007) (319)
- Child Care Choices and Children’s Cognitive Achievement: The Case of Single Mothers (2011) (315)
- On the Estimation of Panel-Data Models With Serial Correlation When Instruments Are Not Strictly Exogenous (1992) (288)
- Micro and Macro Labor Supply Elasticities: A Reassessment of Conventional Wisdom (2012) (277)
- How the Allocation of Children’s Time Affects Cognitive and Noncognitive Development (2014) (262)
- Are Financial Analysts' Forecasts of Corporate Profits Rational? (1998) (250)
- Structural vs. atheoretic approaches to econometrics (2010) (248)
- A Factor-Analytic Probit Model for Representing the Market Structure in Panel Data (1995) (237)
- A Time Series Analysis of Representative Agent Models of Consumption and Leisure Choice under Uncertainty (2007) (228)
- Statistical inference in the multinomial multiperiod probit model (1997) (202)
- Real Wages over the Business Cycle: Estimating the Impact of Heterogeneity with Micro Data (1988) (199)
- Behavior in a dynamic decision problem: An analysis of experimental evidence using a bayesian type classification algorithm (2004) (196)
- Smoothly mixing regressions (2007) (182)
- COMPARING ALTERNATIVE MODELS OF HETEROGENEITY IN CONSUMER CHOICE BEHAVIOR (2012) (177)
- Inequality, Transfers, and Growth: New Evidence from the Economic Transition in Poland (2000) (173)
- An empirical analysis of earnings dynamics among men in the PSID: 1968-1989 (2000) (168)
- Simulation estimation for panel data models with limited dependent variables (1993) (168)
- Accounting for the Growth of Mnc-Based Trade Using a Structural Model of U.S. Mncs (2003) (167)
- The Role of Labor and Marriage Markets, Preference Heterogeneity, and the Welfare System in the Life Cycle Decisions of Black, Hispanic, and White Women (2010) (161)
- Quasi-structural estimation of a model of childcare choices and child cognitive ability production (2010) (160)
- Brand Equity, Consumer Learning and Choice (1999) (156)
- Computationally Intensive Methods for Integration in Econometrics (2001) (154)
- Assessing the Impact of Welfare Reform on Single Mothers (2004) (144)
- Learning About Computers: An Analysis of Information Search and Technology Choice (2005) (144)
- The Structural Estimation of Behavioral Models: Discrete Choice Dynamic Programming Methods and Applications (2011) (144)
- A model of health plan choice:: Inferring preferences and perceptions from a combination of revealed preference and attitudinal data (1998) (133)
- Consumer panic in the COVID-19 pandemic (2020) (117)
- Reconciling Micro and Macro Labor Supply Elasticities: A Structural Perspective (2011) (115)
- Learning Models: An Assessment of Progress, Challenges and New Developments (2011) (107)
- A Structural Perspective on the Experimentalist School (2010) (103)
- Changes in the Structure of Earnings During the Polish Transition (2002) (96)
- Financial Aid, Borrowing Constraints, and College Attendance: Evidence from Structural Estimates (2002) (92)
- Money, Political Ambition, and the Career Decisions of Politicians, Second Version (2007) (90)
- Exploring the Usefulness of a Nonrandom Holdout Sample for Model Validation: Welfare Effects on Female Behavior (2007) (89)
- U.S.-Canada Trade Liberalization and MNC Production Location (2001) (87)
- Exploring the Usefulness of a Non-Random Holdout Sample for Model Validation: Welfare Effects on Female Behavior (2005) (84)
- The impact of advertising on consumer price sensitivity in experience goods markets (2006) (83)
- Invited Paper - Learning Models: An Assessment of Progress, Challenges, and New Developments (2013) (80)
- Eliminating Race Differences in School Attainment and Labor Market Success (2000) (80)
- Mixture of normals probit models (1997) (79)
- Individual heterogeneity and interindustry wage differentials (1993) (79)
- The Price Consideration Model of Brand Choice (2009) (76)
- Estimating Welfare Effects Consistent with Forward-Looking Behavior. Part I: Lessons from a Simulation Exercise (2000) (70)
- Missing price and coupon availability data in scanner panels: Correcting for the self-selection bias in choice model parameters (1998) (68)
- Current Issues in Discrete Choice Modeling (1997) (67)
- Adverse Selection, Moral Hazard and the Demand for Medigap Insurance (2012) (66)
- Generalized indirect inference for discrete choice models (2015) (63)
- Classification Error in Dynamic Discrete Choice Models: Implications for Female Labor Supply Behavior (2006) (62)
- Bayesian inference for dynamic choice models without the need for dynamic programming (1996) (59)
- Estimating Welfare Effects Consistent with Forward-Looking Behavior. Part Ii: Empirical Results (2000) (58)
- Behavioral frontiers in choice modeling (2008) (58)
- Skill Levels and the Cyclical Variability of Employment, Hours, and Wages (1993) (57)
- Trade Liberalization and Delocalization: New Evidence from Firm-Level Panel Data (1998) (55)
- The Influence of Wages and Industrial Relations Environments on the Production Location Decisions of U.S. Multinational Corporations (2005) (51)
- Empirical applications of discrete choice dynamic programming models (2009) (47)
- A Dynamic Equilibrium Model of the US Wage Structure, 1968–1996 (2013) (46)
- A Computationally Practical Simulation Estimation Algorithm for Dynamic Panel Data Models with Unobserved Endogenous State Variables (2007) (44)
- An empirical analysis of income dynamics among men in the PSID: 1968-1989 (1997) (43)
- A new idea for welfare reform (1995) (40)
- Identifying individual differences: An algorithm with application to Phineas Gage (2005) (39)
- Labour Supply: The Roles of Human Capital and the Extensive Margin (2016) (37)
- Advances in Logistics and the Growth of Intra-Firm Trade: The Case of Canadian Affiliates of U.S. Multinationals, 1984-1995 (2007) (36)
- How the Allocation of Childrens Time Affects Cognitive and Non-Cognitive Development (2013) (35)
- A Simple Method to Estimate the Roles of Learning, Inventories and Category Consideration in Consumer Choice (2014) (35)
- Four essays in empirical macro and labor economics (1990) (34)
- Business Research Methods in Transition Economies: Methodology for Consumer Investment Research in Vietnam (2004) (33)
- Are economic forecasts rational (1989) (32)
- Empirical Models of Learning Dynamics: A Survey of Recent Developments (2016) (31)
- Career and Family Decisions: Cohorts Born 1935-1975 (2019) (29)
- The Role of Labor and Marriage Markets, Preference Heterogeneity and the Welfare System in the Life Cycle Decisions of Black, Hispanic and White Women (2006) (28)
- Waiting times for elective surgery and the decision to buy private health insurance. (2011) (28)
- Estimation of Discrete Choice Models with Many Alternatives Using Random Subsets of the Full Choice Set: With an Application to Demand for Frozen Pizza (2012) (27)
- Testing the Mechanisms of Structural Models: The Case of the Mickey Mantle Effect (2007) (27)
- Consumption and Income Inequality in Poland During the Economic Transition (1999) (25)
- Maternal Time, Child Care and Child Cognitive Development: The Case of Single Mothers (2005) (23)
- Panel Data Discrete Choice Models of Consumer Demand (2013) (23)
- Assessing policies to equalize opportunity using an equilibrium model of educational and occupational choices (2009) (23)
- Advances in random utility models report of the workshop on advances in random utility models duke invitational symposium on choice modeling behavior (1994) (22)
- Theory-Driven Choice Models (2005) (20)
- Income Taxation in a Life Cycle Model with Human Capital (2012) (20)
- Simulation Based Inference for Dynamic Multinomial Choice Models (1999) (19)
- Testing the Rationality of Price Forecasts: Reply (1995) (18)
- A Political Economy Model of Congressional Careers: Supplementary Material (2004) (18)
- Introduction to the JBES Special Issue on Structural Estimation in Applied Microeconomics (1997) (16)
- Health Care Spending and Hidden Poverty in India (2018) (16)
- How to model consumer heterogeneity? Lessons from three case studies on SP and RP data (2016) (14)
- Nominal-Contracting Theories of Unemployment: Evidence from Panel Data (1993) (14)
- Sources of Change in the Life-Cycle Decisions of American Men and Women: 1962-2014 (2016) (14)
- The Structure of Consumer Taste Heterogeneity in Revealed vs. Stated Preference Data (2013) (13)
- Advances in Random Utility Models (1994) (12)
- Life�?Cycle Labour Supply with Human Capital: Econometric and Behavioural Implications (2016) (12)
- Psychological and psychotherapeutic approaches for people with motor neuron disease: A qualitative study (2015) (11)
- Effects of Permanent and Transitory Tax Changes in a Life‐Cycle Labor Supply Model with Human Capital (2015) (11)
- How much do consumers know about the quality of products? Evidence from the diaper market (2019) (11)
- Modeling Health Insurance Choice Using the Heterogeneous Logit Model (2004) (11)
- Differences in waiting times for elective admissions in NSW public hospitals: A decomposition analysis by non-clinical factors. CHERE Working Paper 2010/7 (2010) (9)
- A Practical Guide to Weak Instruments (2021) (9)
- Simulated Maximum Likelihood Estimation Based on First-Order Conditions (2009) (9)
- Evaluating consumers’ choices of Medicare Part D plans: A study in behavioral welfare economics (2020) (8)
- Geographic Differences in Hospital Waiting Times (2012) (8)
- The Impact of Child Work on Cognitive Development: Results from Four Low to Middle Income Countries (2018) (8)
- A smooth mixture of Tobits model for healthcare expenditure. (2011) (8)
- Sectoral shift theories of unemployment: evidence from panel data (1990) (7)
- Intrafirm Trade of US MNCs: Findings and Implications for Models and Policies Toward Trade and Investment (2005) (7)
- Effects of Taxes and Safety Net Pensions on Life-Cycle Labor Supply, Savings and Human Capital: The Case of Australia (2018) (6)
- The Impact of Climate Change on U.S. Agriculture: The Roles of Adaptation Techniques and Emissions Reductions (2018) (6)
- The Demand for Private Health Insurance: Do Waiting Lists Matter?” – Revisited (2013) (6)
- The demand for private health insurance: do waiting lists or waiting times matter? CHERE Working Paper 2010/8 (2010) (6)
- Comparing Deep Neural Network and Econometric Approaches to Predicting the Impact of Climate Change on Agricultural Yield (2020) (6)
- Health Shocks and the Evolution of Earnings over the Life-Cycle (2020) (6)
- Human Capital, Taxes and Labour Supply (2011) (6)
- Bayesian Cross-Sectional Analysis of the Conditional Distribution of Earnings of Men in the United States, 1967-1996 (2005) (5)
- The Keane and Runkle Estimator for Panel-data Models with Serial Correlation and Instruments that are not Strictly Exogenous (2016) (5)
- Recursively Simulating Multinomial Multiperiod Probit Probabilities (1994) (5)
- Social Transfers and Inequality During the Polish Transition (2001) (5)
- Comment on “Simulation and Estimation of Hedonic Models” by Heckman, Matzkin and Nesheim (2003) (4)
- A New Perspective on Weak Instruments (2021) (4)
- Consumption and Income Inequality During the Transition to a Market Economy: Poland, 1985–1992 (2001) (4)
- Waiting times and the decision to buy private health insurance. CHERE Working Paper 2010/9 (2010) (3)
- Prudential Supervision, Banking and Economic Progress: Implementation of Risk Management Procedures in Joint Stock Banks in Vietnam (2009) (3)
- SML Estimation Based on First Order Conditions (2003) (3)
- Recent research on labor supply: Implications for tax and transfer policy (2021) (3)
- Health Shocks and the Evolution of Consumption and Income over the Life-Cycle (2018) (3)
- Evaluating Consumers&Apos; Choices of Medicare Part D Plans: A Study in Behavioral Welfare Economics (2019) (2)
- Relationship between regional brain volumes at term equivalent and cognitive functioning at 2 years in preterm children (2004) (2)
- Health care spending in the US vs UK: The roles of medical education costs, malpractice risk and defensive medicine (2020) (2)
- Laos: Emerging Market Trends and the Rise of Consumers and Entrepreneurs (2005) (2)
- Life-Cycle Labor Supply with Human Capital: Econometric and Behavioral Implications (2015) (2)
- Climate Change and U.S. Agriculture: Accounting for Multi-dimensional Slope Heterogeneity in Production Functions (2020) (2)
- IN A DYNAMIC DECISION PROBLEM : EVIDENCE FROM THE LABORATORY (2001) (2)
- Modeling Health Insurance Choices in “Competitive” Markets (2004) (2)
- Child work and cognitive development: Results from four low to middle income countries (2022) (1)
- Social transfers and inequality during the economic transition in Poland (2003) (1)
- The Tax-Transfer System and Labour Supply (2010) (1)
- Socio-Economic Disparities in US Healthcare Spending: The Role of Public vs Private Insurance (2018) (1)
- Evaluating Economic and Social Interventions that Increase College Enrollment (2007) (1)
- CHANGES IN THE STRUCTURE O F EARNINGS DURING A PERIOD OF RAPI D TECHNOLOGICAL CHANGE : EVIDENCE FROM THE POLISH TRANSITIO N (2002) (1)
- Classification error in dynamic discrete choice models: implications for female labour supply behaviour Work in Progress (2005) (1)
- 2SLS Using Weak Instruments: Implications for Estimating the Frisch Labor Supply Elasticity (2021) (1)
- Decomposing Wage Variation: Reply (1995) (1)
- MEASURING EXPECTATIONS 1 (2004) (0)
- Overview: Structural econometrics honoring Daniel McFadden (2020) (0)
- Special Issue on “The Interface between Structural Micro and Macroeconomics” (2018) (0)
- Part III : Comparing the Implications of the New Internal Perspective with those of the Traditional Perspective (2016) (0)
- THE ESTIMATION OF FOOD STAMP SELF-SELECTION MODELS USING THE METHOD OF SIMULATION (1992) (0)
- ARC Centre of Excellence in Population Ageing Research Paper 2018/20 Evaluating Consumers’ Choices of Medicare Part D Plans: A Study in Behavioural Welfare Economics (2019) (0)
- The Offshoring Strategies of US Multinational Corporations Operating in Canada (2009) (0)
- Overview: Implementation of structural dynamic models: Methodology and applications (2021) (0)
- Heuristics Used By Humans With Prefrontal Cortex Damage: Toward An Empirical Model Of Phineas Gage (2003) (0)
- Implications of Classification Error for the Dynamics of Female Labor Supply (2008) (0)
- The Impact of Climate Change on U.S. Agriculture: New Evidence on the Role of Heterogeneity and Adaptation (2017) (0)
- ENTREPRENEURSHIP, INNOVATION, INCUMBENCY IN VIETNAM'S TURBULENT FINANCIAL SECTOR: BANK MARKETING AND STRATEGY IMPLICATIONS FOR PRIVATE SECTOR CHALLENGERS (2003) (0)
- Online Appendices to Learning Models: An Assessment of Progress, Challenges and New Developments (2013) (0)
- 12-2005 Theory-Driven Choice Models (2017) (0)
- Covid-19, Establishment Thinking, and Lessons from the Great War (2022) (0)
- Comment on "Multinational Firms and Backward Linkages" by Ping Lin and Kamal Saggi (2005) (0)
- Monopoly Profits: The Market for Taxi Licenses. (1981) (0)
- Joint ventures, franchising and licensing (2007) (0)
- Replication data for: Accounting for the Growth of MNC-Based Trade Using a Structural Model of U.S. MNCs (2019) (0)
- Instrument strength in IV estimation and inference: A guide to theory and practice (2023) (0)
- XTKR: Stata module to implement the Keane and Runkle estimator for dynamic panel data models (2015) (0)
- Neural and cognitive correlates of human decision-making in domestic energy usage (2014) (0)
- Complex Decision Making (2016) (0)
- A Political Economy Perspective on Redistribution and Growth in Transition (2001) (0)
- IZA Discussion Paper No. 448 (2001) (0)
- 1 Theory-Driven Choice Models (2004) (0)
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