Michael P. Keane

Arizona State University (ASU) - Economics Department

Tempe, AZ 85287-3806

United States

University of Technology, Sydney (Visiting July 2006-Present)

ARC Federation Fellow and Distinguished Research Professor

PO Box 123 Broadway

NSW 2007

Australia

SCHOLARLY PAPERS

28

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CITATIONS
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516

Scholarly Papers (28)

1.

A Dynamic Model of Brand Choice When Price and Advertising Signal Product Quality

Number of pages: 36 Posted: 28 Feb 2007
Tulin Erdem, Michael P. Keane and Baohong Sun
New York University (NYU) - Leonard N. Stern School of Business, Arizona State University (ASU) - Economics Department and Carnegie Mellon University - David A. Tepper School of Business
Downloads 851 (20,271)
Citation 14

Abstract:

Consumer Choice under Uncertainty, Bayesian Learning, Signaling, Advertising

2.

The Impact of Advertising on Consumer Price Sensitivity in Experience Goods Markets

Number of pages: 49 Posted: 27 Feb 2007
Tulin Erdem, Michael P. Keane and Baohong Sun
New York University (NYU) - Leonard N. Stern School of Business, Arizona State University (ASU) - Economics Department and Carnegie Mellon University - David A. Tepper School of Business
Downloads 676 (26,523)
Citation 7

Abstract:

Advertising, Consumer Price Sensitivity, Brand Choice

3.

The Price Consideration Model of Brand Choice

Journal of Applied Econometrics, Vol. 24, No. 3, pp. 393-420, April/May 2009
Number of pages: 46 Posted: 10 Apr 2006 Last Revised: 27 Dec 2009
Andrew Ching, Tulin Erdem and Michael P. Keane
University of Toronto - Rotman School of Management, New York University (NYU) - Leonard N. Stern School of Business and Arizona State University (ASU) - Economics Department
Downloads 551 (34,634)
Citation 2

Abstract:

Brand Choice, Purchase Incidence, Price Elasticity, Inter-purchase Spell

4.

Learning Models: An Assessment of Progress, Challenges and New Developments

Marketing Science, Forthcoming
Number of pages: 54 Posted: 17 Aug 2011 Last Revised: 14 Jul 2013
Andrew Ching, Tulin Erdem and Michael P. Keane
University of Toronto - Rotman School of Management, New York University (NYU) - Leonard N. Stern School of Business and Arizona State University (ASU) - Economics Department
Downloads 357 (60,581)
Citation 2

Abstract:

Learning Models, Choice Modeling, Dynamic Programming, Structural Models, Brand Equity

5.

The Effect of Parental Transfers and Borrowing Constraints on Educational Attainment

PIER Working Paper No. 01-018
Number of pages: 96 Posted: 24 May 2001
Michael P. Keane and Kenneth I. Wolpin
Arizona State University (ASU) - Economics Department and University of Pennsylvania - Department of Economics
Downloads 316 (73,939)
Citation 75

Abstract:

6.

Accounting for the Growth of MNC-based Trade using a Structural Model of U.S. MNCs

Number of pages: 82 Posted: 04 Apr 2003
Susan Feinberg and Michael P. Keane
affiliation not provided to SSRN and Arizona State University (ASU) - Economics Department
Downloads 306 (69,773)
Citation 24

Abstract:

Multinational Firms, International Trade

Inequality, Transfers and Growth: New Evidence from the Economic Transition in Poland

IZA Discussion Paper No. 448; IMF Working Paper No. 00/117
Number of pages: 44 Posted: 02 Apr 2001
Michael P. Keane and Eswar S. Prasad
Arizona State University (ASU) - Economics Department and Cornell University - Dyson School of Applied Economics and Management
Downloads 235 (104,385)
Citation 24

Abstract:

Transition, Income and Earnings Inequality, Social Transfers, Redistribution, Political Economy of Reforms

Inequality, Transfers and Growth: New Evidence from the Economic Transition in Poland

IMF Working Paper No. 00/117
Number of pages: 52 Posted: 03 Feb 2006
Michael P. Keane and Eswar S. Prasad
Arizona State University (ASU) - Economics Department and Cornell University - Dyson School of Applied Economics and Management
Downloads 50 (324,958)
Citation 24

Abstract:

Income and earnings inequality, social transfers, redistribution, political economic of reforms

Inequality, Transfers and Growth: New Evidence from the Economic Transition in Poland

Review of Economics and Statistics, Forthcoming
Posted: 11 Mar 2002
Michael P. Keane and Eswar S. Prasad
Arizona State University (ASU) - Economics Department and Cornell University - Dyson School of Applied Economics and Management

Abstract:

Transition, income and earnings inequality, social transfers, redistribution, political economy of reforms

A Computationally Practical Simulation Estimation Algorithm for Dynamic Panel Data Models with Unobserved Endogenous State Variables

Number of pages: 68 Posted: 07 Oct 2003 Last Revised: 28 Feb 2009
Michael P. Keane and Robert M. Sauer
Arizona State University (ASU) - Economics Department and University of London - Royal Holloway College
Downloads 280 (86,567)
Citation 13

Abstract:

Initial Conditions, Missing Data, Simulation, Female Labor Force Participation Decisions

A Computationally Practical Simulation Estimation Algorithm for Dynamic Panel Data Models with Unobserved Endogenous State Variables

International Economic Review, Vol. 51, Issue 4, pp. 925-958, 2010
Number of pages: 34 Posted: 01 Jan 2011
Michael P. Keane and Robert M. Sauer
Arizona State University (ASU) - Economics Department and University of London - Royal Holloway College
Downloads 2 (550,532)
Citation 13
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Abstract:

9.

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

PIER Working Paper No. 06-004
Number of pages: 90 Posted: 10 Mar 2006
Michael P. Keane and Kenneth I. Wolpin
Arizona State University (ASU) - Economics Department and University of Pennsylvania - Department of Economics
Downloads 198 (118,357)
Citation 8

Abstract:

female life cycle behavior, labor market opportunities, marriage market opportunities, public welfare

10.

A Political Economy Model of Congressional Careers

PIER Working Paper No. 02-029
Number of pages: 64 Posted: 09 Oct 2002
Daniel Diermeier, Michael P. Keane and Antonio Merlo
Northwestern University - Kellogg School of Management, Arizona State University (ASU) - Economics Department and University of Pennsylvania - Department of Economics
Downloads 193 (109,511)
Citation 57

Abstract:

Changes in the Structure of Earnings During the Polish Transition

IZA Discussion Paper No. 496
Number of pages: 60 Posted: 17 Jun 2002
Michael P. Keane and Eswar S. Prasad
Arizona State University (ASU) - Economics Department and Cornell University - Dyson School of Applied Economics and Management
Downloads 92 (230,903)
Citation 13

Abstract:

Wage Inequality, Between and Within-group Inequality, Education and Experience Premia, Labor Reallocation, Transition

Changes in the Structure of Earnings During the Polish Transition

IMF Working Paper No. 02/135
Number of pages: 54 Posted: 31 Jan 2006
Michael P. Keane and Eswar S. Prasad
Arizona State University (ASU) - Economics Department and Cornell University - Dyson School of Applied Economics and Management
Downloads 28 (406,487)
Citation 13

Abstract:

Wage inequality, between- and within-group inequality, education and experience premia, labor reallocation, transition

12.

Classification Error in Dynamic Discrete Choice Models: Implications for Female Labor Supply Behavior

IZA Discussion Paper No. 2332
Number of pages: 43 Posted: 19 Sep 2006
Robert M. Sauer and Michael P. Keane
University of London - Royal Holloway College and Arizona State University (ASU) - Economics Department
Downloads 118 (187,553)
Citation 6

Abstract:

Female Labor Supply, Fertility, Discrete Choice, Classification Error, Simulated Maximum Likelihood

13.

Sources of Advantageous Selection: Evidence from the Medigap Insurance Market

Yale Economic Applications and Policy Discussion Paper No. 17
Number of pages: 62 Posted: 26 May 2006
Hanming Fang, Michael P. Keane and Dan Silverman
University of Pennsylvania - Department of Economics, Arizona State University (ASU) - Economics Department and University of Michigan at Ann Arbor - Economics Department
Downloads 116 (186,428)
Citation 31

Abstract:

asymmetric information, medicare, medigap, adverse selection, advantageous

14.

Consumption and Income Inequality in Poland During the Economic Transition

IMF Working Paper No. 99/14
Number of pages: 49 Posted: 10 Feb 2006
Michael P. Keane and Eswar S. Prasad
Arizona State University (ASU) - Economics Department and Cornell University - Dyson School of Applied Economics and Management
Downloads 114 (191,199)
Citation 3

Abstract:

15.

Money, Political Ambition, and the Career Decisions of Politicians

PIER Working Paper No. 07-016
Number of pages: 51 Posted: 11 May 2007
Michael P. Keane and Antonio Merlo
Arizona State University (ASU) - Economics Department and University of Pennsylvania - Department of Economics
Downloads 109 (168,330)
Citation 8

Abstract:

politicians, political careers, monetary and non-monetary incentives, U.S. Congress

16.

A Political Economy Model of Congressional Careers: Supplementary Material

PIER Working Paper No. 04-038
Number of pages: 37 Posted: 02 Oct 2004
Daniel Diermeier, Michael P. Keane and Antonio Merlo
Northwestern University - Kellogg School of Management, Arizona State University (ASU) - Economics Department and University of Pennsylvania - Department of Economics
Downloads 88 (202,644)
Citation 56

Abstract:

political careers, politicians, elections, term limits

17.

A Political Economy Model of Congressional Careers, Second Version

PIER Working Paper No. 04-037
Number of pages: 41 Posted: 02 Oct 2004
Daniel Diermeier, Michael P. Keane and Antonio Merlo
Northwestern University - Kellogg School of Management, Arizona State University (ASU) - Economics Department and University of Pennsylvania - Department of Economics
Downloads 80 (241,008)
Citation 55

Abstract:

political careers, politicians, elections, term limits

18.

Estimating Welfare Effects Consistent with Forward-Looking Behavior. Part I: Lessons from a Simulation Exercise

PIER Working Paper No. 01-019
Number of pages: 46 Posted: 24 May 2001
Michael P. Keane and Kenneth I. Wolpin
Arizona State University (ASU) - Economics Department and University of Pennsylvania - Department of Economics
Downloads 79 (246,426)
Citation 10

Abstract:

19.

Exploring the Usefulness of a Non-Random Holdout Sample for Model Validation: Welfare Effects on Female Behavior

PIER Working Paper No. 06-006
Number of pages: 85 Posted: 10 Mar 2006
Michael P. Keane and Kenneth I. Wolpin
Arizona State University (ASU) - Economics Department and University of Pennsylvania - Department of Economics
Downloads 68 (255,921)
Citation 9

Abstract:

Model validation, Hold-out sample, Public welfare

20.

Money, Political Ambition, and the Career Decisions of Politicians, Second Version

PIER Working Paper No. 10-009
Number of pages: 38 Posted: 24 Mar 2010
Michael P. Keane and Antonio Merlo
Arizona State University (ASU) - Economics Department and University of Pennsylvania - Department of Economics
Downloads 52 (290,834)
Citation 7

Abstract:

politicians, political careers, monetary and non-monetary incentives, U.S. Congress

21.

Sources of Advantageous Selection: Evidence from the Medigap Insurance Market

NBER Working Paper No. w12289
Number of pages: 62 Posted: 16 Jun 2006
Hanming Fang, Michael P. Keane and Dan Silverman
University of Pennsylvania - Department of Economics, Arizona State University (ASU) - Economics Department and University of Michigan at Ann Arbor - Economics Department
Downloads 43 (340,651)
Citation 31

Abstract:

22.

Estimating Welfare Effects Consistent with Forward-Looking Behavior. Part II: Empirical Results

PIER Working Paper No. 01-020
Number of pages: 41 Posted: 25 May 2001
Michael P. Keane and Kenneth I. Wolpin
Arizona State University (ASU) - Economics Department and University of Pennsylvania - Department of Economics
Downloads 42 (334,494)
Citation 10

Abstract:

23.

Intertemporal Labor Supply and Human Capital Accumulation

International Economic Review, Vol. 45, No. 2, pp. 601-641, May 2004
Number of pages: 41 Posted: 26 May 2004
Susumu Imai and Michael P. Keane
Queen's University - Department of Economics and Arizona State University (ASU) - Economics Department
Downloads 29 (391,354)
Citation 49
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Abstract:

24.

Human Capital, Taxes and Labour Supply

Economic Record, Vol. 87, pp. 37-44, 2011
Number of pages: 8 Posted: 22 Aug 2011
Michael P. Keane
Arizona State University (ASU) - Economics Department
Downloads 2 (523,882)
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Abstract:

D91, J22, J24, H21

25.

Invited Paper — Learning Models: An Assessment of Progress, Challenges, and New Developments

Marketing Science, Vol. 32, No. 6, 2013; pp. 913–938; DOI: 10.1287/mksc.2013.0805,
Posted: 05 Dec 2013
Andrew Ching, Tulin Erdem and Michael P. Keane
University of Toronto - Rotman School of Management, New York University (NYU) - Leonard N. Stern School of Business and Arizona State University (ASU) - Economics Department

Abstract:

learning models, choice modeling, dynamic programming, structural models, brand equity

26.

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, No. 2
Posted: 04 Oct 2004
Mario Bognanno, Michael P. Keane and Donghoon Yang
University of Minnesota - Twin Cities, Arizona State University (ASU) - Economics Department and Sogang University

Abstract:

Multinational corporations, Location Decisions of U.S. Multinational Corporations, Industrial Relations Environments

27.

Are Financial Analysts' Forecasts of Corporate Profits Rational?

Journal of Political Economy, Vol. 106, No. 4, August 1998
Posted: 16 Jul 1998
Michael P. Keane and David E. Runkle
Arizona State University (ASU) - Economics Department and University of Minnesota - Twin Cities - Carlson School of Management

Abstract:

28.

The Career Decisions of Young Men

JOURNAL OF POLITICAL ECONOMY, Vol. 105, No. 3, June 1997
Posted: 04 Jun 1997
Michael P. Keane and Kenneth I. Wolpin
Arizona State University (ASU) - Economics Department and University of Pennsylvania - Department of Economics

Abstract: