Professor Michael Patrick Keane
Aust. Laureate Fellow (ARC)

Professor Michael Patrick Keane

BS, Economics, MIT 1983

Ph.D., Economics, Brown 1990

Business School
Sch of Economics

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

 

Research Interests:

  • Labor economics
  • Empirical microeconomics
  • Econometrics
  • Health economics
  • Consumer choice behavior
  • Marketing

 

ASB Profile: http://www.asb.unsw.edu.au/schools/Pages/MikeKeane.aspx

 

Phone
+61 2 9385 3670
Location
Room 467, Australian School of Business building

Publications

  • Book Chapters | 2017
    Professor Michael Patrick Keane
    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
    Professor Michael Patrick Keane
    Keane MP; Thorp S, 2016, 'Chapter 11 Complex Decision Making The Roles of Cognitive Limitations, Cognitive Decline, and Aging', in , pp. 661 - 709, http://dx.doi.org/10.1016/bs.hespa.2016.09.001
    Book Chapters | 2016
    Professor Michael Patrick Keane
    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 | 2015
    Professor Michael Patrick Keane
    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, https://global.oup.com/academic/product/the-oxford-handbook-of-panel-data-9780199940042?cc=au&lang=en&
    Book Chapters | 2011
    Professor Michael Patrick Keane
    Keane MP; Todd PE; Wolpin KI, 2011, 'Chapter 4 The Structural Estimation of Behavioral Models: Discrete Choice Dynamic Programming Methods and Applications', in , pp. 331 - 461, http://dx.doi.org/10.1016/s0169-7218(11)00410-2
    Books | 2011
    Professor Michael Patrick Keane
    Keane MP; Todd PE; Wolpin KI, 2011, The Structural Estimation of Behavioral Models: Discrete Choice Dynamic Programming Methods and Applications, http://dx.doi.org/10.1016/S0169-7218(11)00410-2
    Book Chapters | 2007
    Professor Michael Patrick Keane
    Geweke J; Houser D; Keane M, 2007, 'Simulation Based Inference for Dynamic Multinomial Choice Models', in A Companion to Theoretical Econometrics, pp. 466 - 493, http://dx.doi.org/10.1002/9780470996249.ch23
    Book Chapters | 2006
    Professor Michael Patrick Keane
    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
    Professor Michael Patrick Keane
    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
    Professor Michael Patrick Keane
    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
    Professor Michael Patrick Keane
    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 , pp. 3463 - 3568, http://dx.doi.org/10.1016/s1573-4412(01)05009-7
    Book Chapters | 2001
    Professor Michael Patrick Keane
    Geweke J; Keane M, 2001, 'Chapter 56 Computationally intensive methods for integration in econometrics', in Handbook of Econometrics, pp. 3463 - 3568, http://dx.doi.org/10.1016/S1573-4412(01)05009-7
    Book Chapters | 2001
    Professor Michael Patrick Keane
    Geweke J; Keane M, 2001, 'Computationally Intensive Methods for Integration in Econometrics', in Handbook of Econometrics, Elsevier, pp. 3463 - 3568, http://dx.doi.org/10.1016/s1573-4412(01)05009-7
    Book Chapters | 1993
    Professor Michael Patrick Keane
    Keane MP, 1993, '20 Simulation estimation for panel data models with limited dependent variables', in , pp. 545 - 571, http://dx.doi.org/10.1016/S0169-7161(05)80055-0
  • Journal articles | 2021
    Professor Michael Patrick Keane
    Holden R; Keane M; Lilley M, 2021, 'Peer effects on the United States Supreme Court', Quantitative Economics, vol. 12, pp. 981 - 1019, http://dx.doi.org/10.3982/QE1296
    Journal articles | 2021
    Professor Michael Patrick Keane
    Keane MP, 2021, 'Recent research on labor supply: Implications for tax and transfer policy', Labour Economics, http://dx.doi.org/10.1016/j.labeco.2021.102026
    Journal articles | 2021
    Professor Michael Patrick Keane
    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, vol. 223, pp. 401 - 432, http://dx.doi.org/10.1016/j.jeconom.2020.01.023
    Journal articles | 2021
    Professor Michael Patrick Keane
    Keane M; Kristensen D; Iskhakov F; Schjerning B, 2021, 'Overview: Implementation of structural dynamic models: Methodology and applications', Journal of Econometrics, vol. 223, pp. 277 - 279, http://dx.doi.org/10.1016/j.jeconom.2021.03.009
    Journal articles | 2021
    Professor Michael Patrick Keane
    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, pp. 107 - 140, http://dx.doi.org/10.1016/j.jeconom.2020.07.029
    Journal articles | 2021
    Professor Michael Patrick Keane
    Hong H; Keane M; Winston C, 2021, 'Overview: Structural econometrics honoring Daniel McFadden', Journal of Econometrics, vol. 222, pp. 1 - 3, http://dx.doi.org/10.1016/j.jeconom.2020.07.023
    Journal articles | 2020
    Professor Michael Patrick Keane
    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, vol. 71, pp. 541 - 569, http://dx.doi.org/10.1007/s42973-019-00030-x
    Journal articles | 2020
    Professor Michael Patrick Keane
    Keane M; Neal T, 2020, 'Climate Change and U.S. Agriculture: Accounting for Multidimensional Slope Heterogeneity in Panel Data', Quantitative Economics
    Journal articles | 2020
    Professor Michael Patrick Keane
    Keane M; Neal T, 2020, 'Consumer panic in the COVID-19 pandemic', Journal of Econometrics, http://dx.doi.org/10.1016/j.jeconom.2020.07.045
    Journal articles | 2020
    Professor Michael Patrick Keane
    Keane M; Neal T, 2020, 'Comparing deep neural network and econometric approaches to predicting the impact of climate change on agricultural yield', Econometrics Journal, vol. 23, pp. 59 - 80, http://dx.doi.org/10.1093/ectj/utaa012
    Journal articles | 2020
    Professor Michael Patrick Keane
    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, vol. 124, http://dx.doi.org/10.1016/j.euroecorev.2020.103401
    Journal articles | 2019
    Professor Michael Patrick Keane
    Eckstein Z; Keane M; Lifshitz O, 2019, 'Career and Family Decisions: Cohorts Born 1935-1975', Econometrica, vol. 87, pp. 217 - 253, http://dx.doi.org/10.3982/ecta14474
    Journal articles | 2018
    Professor Michael Patrick Keane
    Bruins M; Duffy JA; Keane MP; Smith AA, 2018, 'Generalized indirect inference for discrete choice models', Journal of Econometrics, vol. 205, pp. 177 - 203, http://dx.doi.org/10.1016/j.jeconom.2018.03.010
    Journal articles | 2018
    Professor Michael Patrick Keane
    Keane M; Thakur R, 2018, 'Health care spending and hidden poverty in India', Research in Economics, vol. 72, pp. 435 - 451, http://dx.doi.org/10.1016/j.rie.2018.08.002
    Journal articles | 2018
    Professor Michael Patrick Keane
    Eckstein Z; Keane MP; Rogerson R; Sauer RM, 2018, 'Special Issue on “The Interface between Structural Micro and Macroeconomics”', European Economic Review, vol. 106, pp. 77 - 77, http://dx.doi.org/10.1016/j.euroecorev.2018.03.013
    Journal articles | 2016
    Professor Michael Patrick Keane
    Keane MP; Wasi N, 2016, 'Labour Supply: The Roles of Human Capital and The Extensive Margin', Economic Journal, vol. 126, pp. 578 - 617, http://dx.doi.org/10.1111/ecoj.12362
    Journal articles | 2016
    Professor Michael Patrick Keane
    Keane MP, 2016, 'Life-cycle Labour Supply with Human Capital: Econometric and Behavioural Implications', Economic Journal, vol. 126, pp. 546 - 577, http://dx.doi.org/10.1111/ecoj.12363
    Journal articles | 2016
    Professor Michael Patrick Keane
    Keane M; Stavrunova O, 2016, 'Adverse selection, moral hazard and the demand for Medigap insurance', Journal of Econometrics, vol. 190, pp. 62 - 78, http://dx.doi.org/10.1016/j.jeconom.2015.08.002
    Journal articles | 2016
    Professor Michael Patrick Keane
    Keane MP; Wasi N, 2016, 'How to model consumer heterogeneity? Lessons from three case studies on SP and RP data', Research in Economics, vol. 70, pp. 197 - 231, http://dx.doi.org/10.1016/j.rie.2016.02.002
    Journal articles | 2016
    Professor Michael Patrick Keane
    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, vol. 16, pp. 523 - 549, http://dx.doi.org/10.1177/1536867x1601600301
    Journal articles | 2015
    Professor Michael Patrick Keane
    Keane MP, 2015, 'Effects of permanent and transitory tax changes in a life-cycle labor supply model with human capital', International Economic Review, vol. 56, pp. 485 - 503, http://dx.doi.org/10.1111/iere.12112
    Journal articles | 2015
    Professor Michael Patrick Keane
    Keane M; Rogerson R, 2015, 'Reconciling Micro and Macro Labor Supply Elasticities: A Structural Perspective', Annual Review of Economics, vol. 7, pp. 89 - 117, http://dx.doi.org/10.1146/annurev-economics-080614-115601
    Journal articles | 2014
    Professor Michael Patrick Keane
    Fiorini M; Keane MP, 2014, 'How the allocation of children’s time affects cognitive and noncognitive development', Journal of Labor Economics, vol. 32, pp. 787 - 836, http://dx.doi.org/10.1086/677232
    Journal articles | 2014
    Professor Michael Patrick Keane
    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, vol. 13, pp. 60 - 72, http://dx.doi.org/10.1016/j.jocm.2014.11.001
    Journal articles | 2013
    Professor Michael Patrick Keane
    Keane M; Wasi N, 2013, 'COMPARING ALTERNATIVE MODELS OF HETEROGENEITY IN CONSUMER CHOICE BEHAVIOR', Journal of Applied Econometrics, vol. 28, pp. 1018 - 1045, http://dx.doi.org/10.1002/jae.2304
    Journal articles | 2013
    Professor Michael Patrick Keane
    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, vol. 32, pp. 181 - 194, http://dx.doi.org/10.1016/j.jhealeco.2012.09.004
    Journal articles | 2013
    Professor Michael Patrick Keane
    Ching AT; Erdem T; Keane MP, 2013, 'Learning models: An assessment of progress, challenges, and new developments', Marketing Science, vol. 32, pp. 913 - 938, http://dx.doi.org/10.1287/mksc.2013.0805
    Journal articles | 2013
    Professor Michael Patrick Keane
    Keane MP, 2013, 'A Dynamic Equilibrium Model of the U.S. Wage Structure, 1968-1996', Journal of Labor Economics, vol. 30, pp. 1 - 49, http://dx.doi.org/10.1086/666698
    Journal articles | 2012
    Professor Michael Patrick Keane
    Keane M; Rogerson R, 2012, 'Micro and macro labor supply elasticities: A reassessment of conventional wisdom', Journal of Economic Literature, vol. 50, pp. 464 - 476, http://dx.doi.org/10.1257/jel.50.2.464
    Journal articles | 2012
    Professor Michael Patrick Keane
    Johar M; Savage E; Stavrunova O; Jones G; Keane M, 2012, 'Geographic Differences in Hospital Waiting Times', Economic Record, vol. 88, pp. 165 - 181, http://dx.doi.org/10.1111/j.1475-4932.2011.00785.x
    Journal articles | 2011
    Professor Michael Patrick Keane
    Bernal R; Keane M, 2011, 'Child care choices and children's cognitive achievement: The case of single mothers', Journal of Labor Economics, vol. 29, pp. 459 - 512, http://dx.doi.org/10.1086/659343
    Journal articles | 2011
    Professor Michael Patrick Keane
    Keane M, 2011, 'Labor Supply and Taxes: A Survey', Journal of Economic Literature, vol. 49, pp. 961 - 1075, http://dx.doi.org/10.1257/jel.49.4.961
    Journal articles | 2011
    Professor Michael Patrick Keane
    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, vol. 20, pp. 68 - 86, http://dx.doi.org/10.1002/hec.1707
    Journal articles | 2011
    Professor Michael Patrick Keane
    Keane M, 2011, 'Human Capital, Taxes and Labour Supply', Economic Record, vol. 87, pp. 37 - 44, http://dx.doi.org/10.1111/j.1475-4932.2011.00736.x
    Journal articles | 2011
    Professor Michael Patrick Keane
    Keane M, 2011, 'A Smooth Mixture of Tobits Model for Health Care Expenditure', Health Economics, vol. 20, pp. 1126 - 1153, http://dx.doi.org/10.1002/hec.1777
    Journal articles | 2010
    Professor Michael Patrick Keane
    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, vol. 51, pp. 851 - 892, http://dx.doi.org/10.1111/j.1468-2354.2010.00604.x
    Journal articles | 2010
    Professor Michael Patrick Keane
    Bernal R; Keane M, 2010, 'Quasi-structural estimation of a model of childcare choices and child cognitive ability production', Journal of Econometrics, vol. 156, pp. 164 - 189, http://dx.doi.org/10.1016/j.jeconom.2009.09.015
    Journal articles | 2010
    Professor Michael Patrick Keane
    Keane M; Merlo A, 2010, 'Money, Political Ambition, and the Career Decisions of Politicians', American Economic Journal: Microeconomics, vol. 2, pp. 186 - 215, http://www.ssc.upenn.edu/~merloa/wpapers/politicians2_2007.pdf
    Journal articles | 2010
    Professor Michael Patrick Keane
    Wasi N; Keane M; Fiebig D; Louviere J, 2010, 'The Generalized Multinomial Logit Model: Accounting for Scale and Coefficient Heterogeneity', Marketing Science, vol. 29, pp. 393 - 421, http://dx.doi.org/10.1287/mksc.1090.0508
    Journal articles | 2010
    Professor Michael Patrick Keane
    Keane M, 2010, 'A Structural Perspective on the Experimentalist School', Journal of Economic Perspectives, vol. 24, pp. 47 - 58, http://dx.doi.org/10.1257/jep.24.2.47
    Journal articles | 2010
    Professor Michael Patrick Keane
    Keane M, 2010, 'Structural vs Atheoretic Approaches to Econometrics', Journal of Econometrics, vol. 156, pp. 3 - 20, http://gemini.econ.umd.edu/jrust/research/JE_Keynote_7.pdf
    Journal articles | 2010
    Professor Michael Patrick Keane
    Keane M; Sauer R, 2010, 'A Computationally Practical Simulation Estimation Algorithm for Dynamic Panel Data Models with Unobserved Endogenous State Variables', International Economic Review, vol. 51, pp. 925 - 958, http://dx.doi.org/10.1111/j.1468-2354.2010.00606.x
    Journal articles | 2009
    Professor Michael Patrick Keane
    Keane MP; Wolpin KI, 2009, 'Empirical applications of discrete choice dynamic programming models', Review of Economic Dynamics, vol. 12, pp. 1 - 22, http://dx.doi.org/10.1016/j.red.2008.07.001
    Journal articles | 2009
    Professor Michael Patrick Keane
    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, vol. 42, pp. 900 - 929, http://dx.doi.org/10.1111/j.1540-5982.2009.01532.x
    Journal articles | 2009
    Professor Michael Patrick Keane
    Ching A; Erdem T; Keane M, 2009, 'The price consideration model of brand choice', Journal of Applied Econometrics, vol. 24, pp. 393 - 420, http://dx.doi.org/10.1002/jae.1053
    Journal articles | 2009
    Professor Michael Patrick Keane
    Keane M; Roemer JE, 2009, 'Assessing Policies to Equalize Opportunity Using a Dynamic Equilibrium Model of Educational and Occupational Choices', Journal of Public Economics, vol. 93, pp. 879 - 898, http://dx.doi.org/10.1016/j.jpubeco.2009.04.002
    Journal articles | 2009
    Professor Michael Patrick Keane
    Keane M; Sauer RM, 2009, 'Classification Error in Dynamic Discrete Choice Models: Implications for Female Labor Supply Behavior', Econometrica, vol. 77, pp. 975 - 991, http://dx.doi.org/10.3982/ECTA7642
    Journal articles | 2009
    Professor Michael Patrick Keane
    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, vol. 28, pp. II - II, http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000263072000001&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=891bb5ab6ba270e68a29b250adbe88d1
    Journal articles | 2009
    Professor Michael Patrick Keane
    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, vol. 28
    Journal articles | 2009
    Professor Michael Patrick Keane
    Keane M, 2009, 'Simulated Maximum Likelihood Estimation Based on First Order Conditions', International Economic Review, vol. 50, pp. 627 - 675, http://dx.doi.org/10.1111/j.1468-2354.2009.00543.x
    Journal articles | 2008
    Professor Michael Patrick Keane
    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, vol. 19, pp. 215 - 228, http://dx.doi.org/10.1007/s11002-008-9038-1
    Journal articles | 2008
    Professor Michael Patrick Keane
    Erdem T; Keane M; Sun B, 2008, 'The Impact of Advertising on Consumer Price Sensitivity in Experience Goods Markets', Qme - Quantitative Marketing and Economics, vol. 6, pp. 139 - 176, http://dx.doi.org/10.1007/s11129-007-9020-x
    Journal articles | 2008
    Professor Michael Patrick Keane
    Fang H; Keane M; Silverman D, 2008, 'Sources of Advantageous Selection: Evidence from the Medigap Insurance Market', Journal of Political Economy, vol. 116, pp. 303 - 350, http://dx.doi.org/10.1086/587623
    Journal articles | 2008
    Professor Michael Patrick Keane
    Erdem T; Keane M; Sun B, 2008, 'A Dynamic Model of Brand Choice when Price and Advertising Signal Product Quality', Marketing Science, vol. 27, pp. 1111 - 1125, http://dx.doi.org/10.1287/mksc.1080.0362
    Journal articles | 2007
    Professor Michael Patrick Keane
    Geweke J; Keane M, 2007, 'Smoothly Mixing Regressions', Journal of Econometrics, vol. 138, pp. 252 - 290, http://dx.doi.org/10.1016/j.jeconom.2006.05.022
    Journal articles | 2007
    Professor Michael Patrick Keane
    Keane M; Wolpin KI, 2007, 'Exploring The Usefulness Of A Nonrandom Holdout Sample For Model Validation: Welfare Effects On Female Behavior', International Economic Review, vol. 48, pp. 1351 - 1378, http://dx.doi.org/10.1111/j.1468-2354.2007.00465.x
    Journal articles | 2007
    Professor Michael Patrick Keane
    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, vol. 55, pp. 571 - 632, http://dx.doi.org/10.1111/j.1467-6451.2007.00323.x
    Journal articles | 2007
    Professor Michael Patrick Keane
    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, vol. 97, pp. 53 - 59, http://dx.doi.org/10.1257/aer.97.2.53
    Journal articles | 2006
    Professor Michael Patrick Keane
    Feinberg SE; Keane M, 2006, 'Accounting for the Growth of MNC-based Trade using a Structural Model of U.S. MNCs', American Economic Review, vol. 96, pp. 1515 - 1558, http://dx.doi.org/10.1257/aer.96.5.1515
    Journal articles | 2006
    Professor Michael Patrick Keane
    Keane M; Prasad ES, 2006, 'Changes in the Structure of Earnings During the Polish Transition', Journal of Development Economics, vol. 80, pp. 389 - 427, http://dx.doi.org/10.1016/j.jdeveco.2005.04.001
    Journal articles | 2005
    Professor Michael Patrick Keane
    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, vol. 58, pp. 171 - 200
    Journal articles | 2005
    Professor Michael Patrick Keane
    Keane M, 2005, 'A Political Economy Model of Congressional Careers', American Economic Review, vol. 95, pp. 347 - 373
    Journal articles | 2005
    Professor Michael Patrick Keane
    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, vol. 3, pp. 207 - 247, http://dx.doi.org/10.1007/s11129-005-0269-7
    Journal articles | 2005
    Professor Michael Patrick Keane
    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, vol. 16, pp. 225 - 237, http://dx.doi.org/10.1007/s11002-005-5887-z
    Journal articles | 2005
    Professor Michael Patrick Keane
    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, vol. 52, pp. 373 - 385, http://dx.doi.org/10.1016/j.geb.2005.01.004
    Journal articles | 2004
    Professor Michael Patrick Keane
    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, vol. 72, pp. 781 - 822, http://dx.doi.org/10.1111/j.1468-0262.2004.00512.x
    Journal articles | 2004
    Professor Michael Patrick Keane
    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
    Professor Michael Patrick Keane
    Imai S; Keane MP, 2004, 'Intertemporal labor supply and human capital accumulation', International Economic Review, vol. 45, pp. 601 - 641, http://dx.doi.org/10.1111/j.1468-2354.2004.00138.x
    Journal articles | 2003
    Professor Michael Patrick Keane
    Erdemy T; Imai S; Keane MP, 2003, 'Brand and Quantity Choice Dynamics Under Price Uncertainty', QME-QUANTITATIVE MARKETING AND ECONOMICS, vol. 1, pp. 5 - 64, http://dx.doi.org/10.1023/A:1023536326497
    Journal articles | 2002
    Professor Michael Patrick Keane
    Keane MP; Wolpin KI, 2002, 'Estimating welfare effects consistent with forward-looking behavior. Part I: Lessons from a simulation exercise', Journal of Human Resources, vol. 37, pp. 570 - 559, http://dx.doi.org/10.2307/3069682
    Journal articles | 2002
    Professor Michael Patrick Keane
    Keane MP; Wolpin KI, 2002, 'Estimating welfare effects consistent with forward-looking behavior. Part II: Empirical results', Journal of Human Resources, vol. 37, pp. 600 - 622, http://dx.doi.org/10.2307/3069683
    Journal articles | 2002
    Professor Michael Patrick Keane
    Keane MP; Prasad ES, 2002, 'Inequality, transfers, and growth: New evidence from the economic transition in Poland', Review of Economics and Statistics, vol. 84, pp. 324 - 341, http://dx.doi.org/10.1162/003465302317411578
    Journal articles | 2002
    Professor Michael Patrick Keane
    Keane MP, 2002, 'Financial Aid, Borrowing Constraints, and College Attendance: Evidence from Structural Estimates', American Economic Review, vol. 92, pp. 293 - 297, http://dx.doi.org/10.1257/000282802320189429
    Journal articles | 2002
    Professor Michael Patrick Keane
    Prasad E; Keane MP, 2002, 'Changes in the Structure of Earnings During the Polish Transition', IMF Working Papers, vol. 02, pp. 1 - 1, http://dx.doi.org/10.5089/9781451855715.001
    Journal articles | 2001
    Professor Michael Patrick Keane
    Keane MP; Wolpin KI, 2001, 'The effect of parental transfers and borrowing constraints on educational attainment', International Economic Review, vol. 42, pp. 1051 - 1103, http://dx.doi.org/10.1111/1468-2354.00146
    Journal articles | 2001
    Professor Michael Patrick Keane
    Feinberg SE; Keane MP, 2001, 'U.S.-Canada trade liberalization and MNC production location', Review of Economics and Statistics, vol. 83, pp. 118 - 132, http://dx.doi.org/10.1162/003465301750160090
    Journal articles | 2001
    Professor Michael Patrick Keane
    Keane MP; Prasad ES, 2001, 'Poland: Inequality, transfers, and growth in transition', Finance and Development, vol. 38, pp. 50 - 53
    Journal articles | 2000
    Professor Michael Patrick Keane
    Keane M; Prasad E, 2000, 'Consumption and income inequality during the transition to a market economy: Poland, 1985-1992', IMF Staff Papers, vol. 47, pp. 121 - 154
    Journal articles | 2000
    Professor Michael Patrick Keane
    Geweke J; Keane M, 2000, 'An empirical analysis of earnings dynamics among men in the PSID: 1968-1989', Journal of Econometrics, vol. 96, pp. 293 - 356, http://dx.doi.org/10.1016/S0304-4076(99)00063-9
    Journal articles | 2000
    Professor Michael Patrick Keane
    Keane MP; Wolpin KI, 2000, 'Eliminating race differences in school attainment and labor market success', Journal of Labor Economics, vol. 18, pp. 614 - 652, http://dx.doi.org/10.1086/209971
    Journal articles | 2000
    Professor Michael Patrick Keane
    Prasad E; Keane MP, 2000, 'Inequality, Transfers and Growth: New Evidence From the Economic Transition in Poland', IMF Working Papers, vol. 00, pp. 1 - 1, http://dx.doi.org/10.5089/9781451854008.001
    Journal articles | 1999
    Professor Michael Patrick Keane
    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, vol. 10, pp. 301 - 318, http://dx.doi.org/10.1023/A:1008135224357
    Journal articles | 1999
    Professor Michael Patrick Keane
    Prasad E; Keane MP, 1999, 'Consumption and Income Inequality in Poland During the Economic Transition', IMF Working Papers, vol. 99, pp. 1 - 1, http://dx.doi.org/10.5089/9781451843101.001
    Journal articles | 1998
    Professor Michael Patrick Keane
    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, vol. 89, pp. 131 - 157, http://dx.doi.org/10.1016/S0304-4076(98)00058-X
    Journal articles | 1998
    Professor Michael Patrick Keane
    Keane M; Moffitt R, 1998, 'A structural model of multiple welfare program participation and labor supply', International Economic Review, vol. 39, pp. 553 - 589, http://dx.doi.org/10.2307/2527390
    Journal articles | 1998
    Professor Michael Patrick Keane
    Keane MP; Runkle DE, 1998, 'Are Financial Analysts' Forecasts of Corporate Profits Rational?', Journal of Political Economy, vol. 106, pp. 768 - 805, http://dx.doi.org/10.1086/250029
    Journal articles | 1998
    Professor Michael Patrick Keane
    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, vol. 89, pp. 177 - 196, http://dx.doi.org/10.1016/S0304-4076(98)00060-8
    Journal articles | 1998
    Professor Michael Patrick Keane
    Feinberg SE; Keane MP; Bognanno MF, 1998, 'Trade liberalization and 'delocalization': New evidence from firm-level panel data', Canadian Journal of Economics, vol. 31, pp. 749 - 777, http://dx.doi.org/10.2307/136490
    Journal articles | 1997
    Professor Michael Patrick Keane
    Geweke JF; Keane MP; Runkle DE, 1997, 'Statistical inference in the multinomial multiperiod probit model', Journal of Econometrics, vol. 80, pp. 125 - 165, http://dx.doi.org/10.1016/S0304-4076(97)00005-5
    Journal articles | 1997
    Professor Michael Patrick Keane
    Keane MP; Wolpin KI, 1997, 'The career decisions of young men', Journal of Political Economy, vol. 105, pp. 473 - 522, http://dx.doi.org/10.1086/262080
    Journal articles | 1997
    Professor Michael Patrick Keane
    Keane MP, 1997, 'Modeling heterogeneity and state dependence in consumer choice behavior', JOURNAL OF BUSINESS & ECONOMIC STATISTICS, vol. 15, pp. 310 - 327, http://dx.doi.org/10.2307/1392335
    Journal articles | 1997
    Professor Michael Patrick Keane
    Keane MP, 1997, 'Modeling heterogeneity and state dependence in consumer choice behavior', Journal of Business and Economic Statistics, vol. 15, pp. 310 - 327, http://dx.doi.org/10.1080/07350015.1997.10524709
    Journal articles | 1997
    Professor Michael Patrick Keane
    Keane MP; Wolpin KI, 1997, 'Introduction to the JBES special issue on structural estimation in applied microeconomics', JOURNAL OF BUSINESS & ECONOMIC STATISTICS, vol. 15, pp. 111 - 114, http://dx.doi.org/10.2307/1392299
    Journal articles | 1997
    Professor Michael Patrick Keane
    Keane MP; Wolpin KI, 1997, 'Introduction to the jbes special issue on structural estimation in applied microeconomics', Journal of Business and Economic Statistics, vol. 15, pp. 111 - 114, http://dx.doi.org/10.1080/07350015.1997.10524694
    Journal articles | 1997
    Professor Michael Patrick Keane
    Keane MP, 1997, 'Current issues in discrete choice modeling', Marketing Letters, vol. 8, pp. 307 - 322, http://dx.doi.org/10.1023/A:1007912614003
    Journal articles | 1996
    Professor Michael Patrick Keane
    Keane MP; Prasad ES, 1996, 'The employment and wage effects of oil price changes: A sectoral analysis', Review of Economics and Statistics, vol. 78, pp. 389 - 399, http://dx.doi.org/10.2307/2109786
    Journal articles | 1996
    Professor Michael Patrick Keane
    Erdem T; Keane MP, 1996, 'Decision-making under uncertainty: Capturing dynamic brand choice processes in turbulent consumer goods markets', Marketing Science, vol. 15, pp. 1 - 20, http://dx.doi.org/10.1287/mksc.15.1.1
    Journal articles | 1995
    Professor Michael Patrick Keane
    KEANE MP, 1995, 'DECOMPOSING WAGE VARIATION - REPLY', JOURNAL OF HUMAN RESOURCES, vol. 30, pp. 861 - 863, http://dx.doi.org/10.2307/146236
    Journal articles | 1995
    Professor Michael Patrick Keane
    Journal articles | 1995
    Professor Michael Patrick Keane
    ELROD T; KEANE MP, 1995, 'A FACTOR-ANALYTIC PROBIT MODEL FOR REPRESENTING THE MARKET-STRUCTURE IN PANEL-DATA', JOURNAL OF MARKETING RESEARCH, vol. 32, pp. 1 - 16, http://dx.doi.org/10.2307/3152106
    Journal articles | 1995
    Professor Michael Patrick Keane
    Keane MP; Prasad E, 1995, 'The Employment and Wage Effects of Oil Price Changes: A Sectoral Analysis', IMF Working Papers, vol. 95, pp. i - i, http://dx.doi.org/10.5089/9781451845518.001
    Journal articles | 1995
    Professor Michael Patrick Keane
    Elrod T; Keane MP, 1995, 'A Factor-Analytic Probit Model for Representing the Market Structure in Panel Data', Journal of Marketing Research, vol. 32, pp. 1 - 16, http://dx.doi.org/10.1177/002224379503200103
    Journal articles | 1994
    Professor Michael Patrick Keane
    Keane MP, 1994, 'A computationally practical simulation estimator for panel data', Econometrica, vol. 62, pp. 95 - 116, http://dx.doi.org/10.2307/2951477
    Journal articles | 1994
    Professor Michael Patrick Keane
    Geweke J; Keane M; Runkle D, 1994, 'Alternative computational approaches to inference in the multinomial probit model', Review of Economics and Statistics, vol. 76, pp. 609 - 632, http://dx.doi.org/10.2307/2109766
    Journal articles | 1994
    Professor Michael Patrick Keane
    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, vol. 5, pp. 311 - 322, http://dx.doi.org/10.1007/BF00999207
    Journal articles | 1994
    Professor Michael Patrick Keane
    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, vol. 76, pp. 648 - 672, http://dx.doi.org/10.2307/2109768
    Journal articles | 1993
    Professor Michael Patrick Keane
    KEANE MP, 1993, 'INDIVIDUAL HETEROGENEITY AND INTERINDUSTRY WAGE DIFFERENTIALS', JOURNAL OF HUMAN RESOURCES, vol. 28, pp. 134 - 161, http://dx.doi.org/10.2307/146091
    Journal articles | 1993
    Professor Michael Patrick Keane
    KEANE M; PRASAD E, 1993, 'SKILL LEVELS AND THE CYCLICAL VARIABILITY OF EMPLOYMENT, HOURS, AND WAGES', INTERNATIONAL MONETARY FUND STAFF PAPERS, vol. 40, pp. 711 - 743, http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:A1993MT10600001&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=891bb5ab6ba270e68a29b250adbe88d1
    Journal articles | 1993
    Professor Michael Patrick Keane
    Keane MP, 1993, 'Nominal-contracting theories of unemployment: evidence from panel data', American Economic Review, vol. 83, pp. 932 - 952
    Journal articles | 1993
    Professor Michael Patrick Keane
    Keane MP; Prasad E, 1993, 'The Relation Between Skill Levels and the Cyclical Variability of Employment, Hours, and Wages', IMF Working Papers, vol. 92, pp. i - i, http://dx.doi.org/10.5089/9781451974621.001
    Journal articles | 1992
    Professor Michael Patrick Keane
    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, vol. 10, pp. 26 - 29, http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:A1992HA10800006&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=891bb5ab6ba270e68a29b250adbe88d1
    Journal articles | 1992
    Professor Michael Patrick Keane
    KEANE MP, 1992, 'A NOTE ON IDENTIFICATION IN THE MULTINOMIAL PROBIT MODEL', JOURNAL OF BUSINESS & ECONOMIC STATISTICS, vol. 10, pp. 193 - 200, http://dx.doi.org/10.2307/1391677
    Journal articles | 1992
    Professor Michael Patrick Keane
    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, vol. 10, pp. 1 - 9, http://dx.doi.org/10.2307/1391795
    Journal articles | 1992
    Professor Michael Patrick Keane
    Keane MP, 1992, 'A note on identification in the multinomial probit model', Journal of Business and Economic Statistics, vol. 10, pp. 193 - 200, http://dx.doi.org/10.1080/07350015.1992.10509898
    Journal articles | 1992
    Professor Michael Patrick Keane
    Keane MP; Runkle DE, 1992, 'Reply', Journal of Business and Economic Statistics, vol. 10, pp. 26 - 29, http://dx.doi.org/10.1080/07350015.1992.10509882
    Journal articles | 1992
    Professor Michael Patrick Keane
    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, vol. 10, pp. 1 - 9, http://dx.doi.org/10.1080/07350015.1992.10509877
    Journal articles | 1990
    Professor Michael Patrick Keane
    KEANE MP; RUNKLE DE, 1990, 'TESTING THE RATIONALITY OF PRICE FORECASTS - NEW EVIDENCE FROM PANEL DATA', AMERICAN ECONOMIC REVIEW, vol. 80, pp. 714 - 735, http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:A1990DX68300004&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=891bb5ab6ba270e68a29b250adbe88d1
    Journal articles | 1988
    Professor Michael Patrick Keane
    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, vol. 96, pp. 1232 - 1266, http://dx.doi.org/10.1086/261586
    Journal articles |
    Professor Michael Patrick Keane
    Keane MP; Wolpin KI, 'The Effect of Parental Transfers and Borrowing Constraints on Educational Attainment', SSRN Electronic Journal, http://dx.doi.org/10.2139/ssrn.269962
  • Reports |
    Professor Michael Patrick Keane
    Keane M; Rogerson R, Reconciling Micro and Macro Labor Supply Elasticities: A Structural Perspective, National Bureau of Economic Research, http://dx.doi.org/10.3386/w17430
    Reports |
    Professor Michael Patrick Keane
    Fang H; Keane M; Silverman D, Sources of Advantageous Selection: Evidence from the Medigap Insurance Market, National Bureau of Economic Research, http://dx.doi.org/10.3386/w12289
  • Conference Papers | 2002
    Professor Michael Patrick Keane
    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, Elmau, GERMANY, pp. 121 - 153, presented at Conference on Inequality and Growth - Theory and Policy Implications, Elmau, GERMANY, 18 January 2002 - 20 January 2002, http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000240940000006&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=891bb5ab6ba270e68a29b250adbe88d1
    Conference Papers | 1994
    Professor Michael Patrick Keane
    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, TORONTO, CANADA, pp. 1 - 6, presented at Annual Meeting of the American-Statistical-Association, Business-and-Economic-Statistics-Section, TORONTO, CANADA, 13 August 1994 - 18 August 1994, http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:A1994BD50Z00001&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=891bb5ab6ba270e68a29b250adbe88d1
    Working Papers |
    Professor Michael Patrick Keane
    Keane MP; Wolpin KI, Estimating Welfare Effects Consistent with Forward-Looking Behavior. Part II: Empirical Results, Elsevier BV, http://dx.doi.org10.2139/ssrn.269964
    Working Papers |
    Professor Michael Patrick Keane
    Feinberg S; Keane MP, Accounting for the Growth of MNC-based Trade using a Structural Model of U.S. MNCs, Elsevier BV, http://dx.doi.org10.2139/ssrn.374103
    Working Papers |
    Professor Michael Patrick Keane
    Diermeier D; Keane MP; Merlo AM, A Political Economy Model of Congressional Careers, Elsevier BV, http://dx.doi.org10.2139/ssrn.333001
    Working Papers |
    Professor Michael Patrick Keane
    Keane MP; Iskhakov F, Effects of Taxes and Safety Net Pensions on Life-Cycle Labor Supply, Savings and Human Capital: The Case of Australia, Elsevier BV, http://dx.doi.org10.2139/ssrn.3182093
    Professor Michael Patrick Keane
    Professor Michael Patrick Keane
    Professor Michael Patrick Keane

Awards

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.

Grants

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

Media