WorldCat Identities

Keane, Michael P.

Overview
Works: 98 works in 191 publications in 1 language and 537 library holdings
Genres: Longitudinal studies 
Roles: Author, Editor
Classifications: PN1992.3.C6, 791.4570951
Publication Timeline
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Most widely held works about Michael P Keane
 
Most widely held works by Michael P Keane
Inequality, transfers and growth : new evidence from the economic transition in Poland by Michael P Keane( Book )

17 editions published between 2000 and 2002 in English and Undetermined and held by 39 WorldCat member libraries worldwide

Among the most dramatic economic events of the early 1990s was the beginning of the process of transformation of countries in Eastern Europe from planned to market economies. These transition economies have had considerably different experiences in terms of the speed and success of transition and in terms of macroeconomic outcomes including output growth. But a widely held view is that, in all of these economies, the economic upheaval associated with the process of transition has led to substantial increases in inequality (see, e.g., Aghion and Commander, 1999)
Changes in the structure of earnings during the Polish transition by Michael P Keane( Book )

15 editions published in 2002 in English and Undetermined and held by 37 WorldCat member libraries worldwide

We document changes in the structure of earnings during the economic transition in Poland. We find that inequality in labor earnings increased substantially from 1988 to 1996. A common view is that the reallocation of workers from a public sector with a compressed wage distribution, to a private sector with much higher wage inequality, accounts for the bulk of increased earnings inequality during transition. However, our decomposition of the sources of the increase in inequality suggests that this compositional effect accounts for only 39% of the increase. Fully 52% of the increase is due to the increase in the variance of wages within sectors. That is, earnings inequality within both the private and public sectors grew substantially, and by similar amounts. This illustrates how even state-owned enterprises in Poland moved towards competitive wage setting as they restructured. A substantial part of the increase in earnings inequality was between group, due largely to increased education premia. However, changes in inequality within education-experience-gender groups account for about 60 percent of the increase in overall wage inequality - similar to the patterns observed in the U.S. and U.K. in the 1980s. But, in contrast to the U.S. and U.K. experiences, increases in within-group inequality in Poland were very different across skill groups, with much larger increases for highly educated workers. These patterns hold in both the private and public sectors, although increases in education premia were somewhat greater in the private sector
Sources of advantageous selection : evidence from the Medigap insurance market by Hanming Fang( Book )

10 editions published in 2006 in English and held by 31 WorldCat member libraries worldwide

We provide strong evidence of advantageous selection in the Medigap insurance market, and analyze its sources. Using Medicare Current Beneficiary Survey (MCBS) data, we find that, conditional on controls for the price of Medigap, medical expenditures for senior citizens with Medigap coverage are, on average, about $4,000 less than for those without. But, if we condition on health, expenditures for seniors on Medigap are about $2,000 more. These two findings can only be reconciled if those with less health expenditure risk are more likely to purchase Medigap, implying advantageous selection. By combining the MCBS and the Health and Retirement Study (HRS), we investigate the sources of this advantageous selection. These include income, education, longevity expectations and financial planing horizons, as well as cognitive ability. Once we condition on all these factors, seniors with higher expected medical expenditure are indeed more likely to purchase Medigap. Surprisingly, risk preferences do not appear to be a source of advantageous selection. But cognitive ability emerges as a particularly important factor, consistent with a view that many senior citizens have difficulty understanding Medicare and Medigap rules
Understanding economic issues by Michael P Keane( Book )

5 editions published in 1986 in English and Undetermined and held by 29 WorldCat member libraries worldwide

The employment and wage effects of oil price changes : a sectoral analysis by Michael P Keane( Book )

10 editions published in 1995 in English and Undetermined and held by 24 WorldCat member libraries worldwide

Annotation
A computationally practical simulation estimation algorithm for dynamic panel data models with unobserved endogenous state variables by Robert M Sauer( )

5 editions published between 2007 and 2009 in English and held by 21 WorldCat member libraries worldwide

Classification error in dynamic discrete choice models: implications for female labor supply behavior by Michael P Keane( )

3 editions published in 2006 in English and held by 16 WorldCat member libraries worldwide

Two key issues in the literature on female labor supply are: (1) if persistence in employment status is due to unobserved heterogeneity or state dependence, and (2) if fertility is exogenous to labor supply. Until recently, the consensus was that unobserved heterogeneity is very important, and fertility is endogenous. But Hyslop (1999) challenged this. Using a dynamic panel probit model of female labor supply including heterogeneity and state dependence, he found that adding autoregressive errors led to a substantial diminution in the importance of heterogeneity. This, in turn, meant he could not reject that fertility is exogenous. Here, we extend Hyslop (1999) to allow classification error in employment status, using an estimation procedure developed by Keane and Wolpin (2001) and Keane and Sauer (2005). We find that a fairly small amount of classification error is enough to overturn Hyslop's conclusions, leading to overwhelming rejection of the hypothesis of exogenous fertility
Statistical inference in the multinominal multiperiod probit model by John Geweke( Book )

4 editions published in 1994 in English and held by 14 WorldCat member libraries worldwide

An empirical analysis of income dynamics among men in PSID : 1968-1989 by John Geweke( Book )

8 editions published in 1997 in English and held by 14 WorldCat member libraries worldwide

The solution and estimation of discrete choice dynamic programming models by simulation and interpolation : Monte Carlo evidence by Michael P Keane( Book )

4 editions published in 1994 in English and held by 12 WorldCat member libraries worldwide

The employment and wage effects of oil price shocks : a sectoral analysis by Michael P Keane( Book )

2 editions published in 1991 in English and held by 8 WorldCat member libraries worldwide

Reconciling micro and macro labor supply elasticities : a structural perspective by Michael P Keane( Book )

6 editions published in 2011 in English and held by 8 WorldCat member libraries worldwide

The response of aggregate labor supply to various changes in the economic environment is central to many economic issues, especially the optimal design of tax policies. This paper surveys recent work that uses structural models and micro data to evaluate the size of this response. Whereas the earlier literature on this issue often concluded that aggregate labor supply elasticities were small, recent work has identified three key reasons that the aggregate elasticity may be quite large. First, earlier estimates abstracted from several key features, including human capital accumulation, leading to estimates that are dramatically negatively biased. Second, failure to understand that aggregate labor supply adjustments can occur along both the hours per worker and employment margins has led economists to misinterpret the implications of previous estimates for aggregate labor supply. Third, structural estimation of responses along the extensive (i.e., employment) margin are typically quite large
Polysemy in conceptual combinations : testing the constraint theory of combination by F Costello( Book )

2 editions published in 1996 in English and held by 8 WorldCat member libraries worldwide

Design synthesis : a model of hierarchical case-based reasoning by B Smyth( Book )

2 editions published in 1993 in English and held by 6 WorldCat member libraries worldwide

Mixture of normals probit models by John Geweke( Book )

2 editions published in 1997 in English and held by 6 WorldCat member libraries worldwide

Changes in the structure of earnings during a period of rapid technological change : evidence from the Polish transition by Michael P Keane( Book )

2 editions published in 2001 in English and held by 4 WorldCat member libraries worldwide

Etch rates for (100) gallium arsenide using aqueous H₂SO₄:H₂O₂ and aqua regia based etchants( Book )

2 editions published in 1991 in English and held by 3 WorldCat member libraries worldwide

Sources of change in the life-cycle decisions of American men and women : 1962-2014 by Zvi Eckstein( Book )

1 edition published in 2016 in English and held by 2 WorldCat member libraries worldwide

We study life-cycle decisions of five cohorts of American men and women born from the 1930s to the 1970s in a unified econometric framework applied to CPS data. The men and women in our model make individual decisions when single, joint decisions when married, and interact in a marriage market. Our model succeeds in explaining differences across cohorts in several key endogenous variables (i.e., education, work, marriage/divorce and fertility). We explain these changes using shifts in five exogenous factors: parental education, the distribution of potential partners, divorce laws, the wage/job offer distribution, and birth control technology. A major change between the 1935 and 1975 cohorts is that the female "marriage wage premium" rose from -10% to +7%. We find that changes in the selection of women into marriage explain 75% of this change. Married women of recent cohorts have much higher observed and unobserved skills compared both to unmarried women and the married women of past cohorts
The relation between skill levels and the cyclical variability of employment, hours and wages by Michael P Keane( )

1 edition published in 1993 in English and held by 0 WorldCat member libraries worldwide

Annotation
TV drama in China( )

1 edition published in 2008 in English and held by 0 WorldCat member libraries worldwide

This collection of essays brings together the first comprehensive study of TV drama in China. Examining in depth the production, distribution and consumption of TV drama, the international team of experts demonstrate why it remains the pre-eminent media f
 
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Alternative Names
Keane, M. 1961-

Keane, Michael 1961-

Keane, Michael (Michael Patrick), 1961-

Keane, Michael Patrick 1961-

Keane, Micheal P. 1961-

Keane, Mike 1961-

Michael Keane American economist

Michael Keane economist

Michael Keane économiste américain

Languages
English (99)