Esfandiar Maasoumi

Biographic Data

ID342895
NAMEEsfandiar Maasoumi
GIVEN NAMESEsfandiar
FAMILY NAMEMaasoumi
SIGNATUREMAASOUMI E
AFFILIATIONSEmory University
VERIFIEDNo
TOTAL WORKS12
TOTAL CITATIONS4
WORKS AS AUTHOR11
WORKS AS EDITOR1
FIRST PUBLICATION YEAR1986
LATEST PUBLICATION YEAR2025
H-INDEX1

  • Generalized Intergenerational Mobility Regressions

    Open AccessEsfandiar Maasoumi, Le Wang et al.ARTICLESociological Methods & Research2025References: 31

    Current research on intergenerational mobility (IGM) is informed by statistical approaches based on log-level regressions, whose economic interpretations remain largely unknown. We reveal the subjective value-judgments in them: they are represented by weighted-sums (or aggregators) over heterogeneous groups, with controversial economic properties. Log-level regressions tend to overrepresent the experiences of middle-class children while underrepr…

  • Identifying factors via automatic debiased machine learning

    Open AccessEsfandiar Maasoumi, Jianqiu Wang et al.ARTICLEJournal of Applied Econometrics2024

    Identifying risk factors that have significant explanatory power for the cross‐sectional asset returns is fundamental in asset pricing. We adopt a novel automatic debiased machine learning (ADML) method proposed by Chernozhukov, Newey, and Singh (2022) to robustly estimate partial pricing effect of a certain factor controlling for a large number of confounding factors under a nonlinear stochastic discount factor (SDF) assumption. The ADML resolve…

  • Evidence of Uniform Inefficiency in Market Portfolios Based on Dominance Tests

    Sofia Anyfantaki, Esfandiar Maasoumi et al.ARTICLEJournal of Business and Economic…2022

    We find stochastic uniform inefficiency of many widely held (active) portfolios and fund strategies relative to popular benchmarks. Uniformity provides robust findings over general classes of utility (loss) functions and unknown distribution of returns. Evidence is based on statistical tests for the null of stochastic uniform inefficiency of a given portfolio. The alternative is that there is at least one portfolio that dominates it. We derive an…

  • Retracted Article

    Open AccessEsfandiar Maasoumi, Almas Heshmati et al.ARTICLEEmpirical Economics2021

  • The Gender Gap between Earnings Distributions

    Esfandiar Maasoumi, Le Wang et al.ARTICLEJournal of Political Economy2018Cited by: 4References: 3

    We advocate a different approach to measure the gender gap, summarizing each distribution by suitable evaluative functions and computing the difference between the evaluations. Unlike the conventional approach, ours does not assume rank invariance. We discuss the decision-theoretic framework behind different functions and introduce measures based on entropy functions. We further adopt quantile-copula approaches to account for selection into full-…

  • Poverty Reduction Policies and Practices in Developing Asia

    Open AccessGuang Hua Wan, Almas Heshmati et al.EDITORBOOKPoverty Reduction Policies and…2015

    This book looks at the major policy challenges facing developing Asia and how the region sustains rapid economic growth to reduce multidimensional poverty through socially inclusive and environmentall

  • Comparing Income Mobility in Germany and the United States Using Generalized Entropy Mobility Measures

    Esfandiar Maasoumi, Mark TredeARTICLEThe Review of Economics and…2001

    Based on a derivation of the asymptotic sampling distribution of the generalized entropy mobility measures, this paper provides a statistically rigorous analysis of income mobility in Germany and the United States using the panel data set PSID-SOEP equivalent data file. Several alternative measures of income aggregation, inequality measures, and groupings are considered to establish robustness. We find that, to a high degree of statistical confid…

  • Specification Analysis in Dynamic Models

    Denzil G Fiebig, Esfandiar MaasoumiARTICLEJournal of Business and Economic…1990

    The theoretical and empirical implications of omitted variables, particularly dynamic adjustment effects, are studied. In particular, the attempt to model for such omissions by including possibly irrelevant variables is investigated. This extends the existing knowledge of misspecification analysis in several directions. Ordinary least squares is the estimation technique under study, as has been the case in several recent and related studies. In o…

  • Transaction Costs and the Interest Parity Theorem

    Esfandiar Maasoumi, John PippengerARTICLEJournal of Political Economy1989References: 1

  • Contributions to Econometrics

    Richard J Smith, Esfandiar MaasoumiARTICLEEconomica1989

  • Multivariate Measures of Well-Being and an Analysis of Inequality in the Michigan Data

    Esfandiar Maasoumi, Gerald NickelsburgARTICLEJournal of Business and Economic…1988

    We demonstrate a multidimensional approach for combining several indicators of well-being, including the traditional money-income indicators. This methodology avoids the difficult and much criticized task of computing imputed incomes for such indicators as net worth and schooling. Inequality in the proposed composite measures is computed using relative inequality indexes that permit simple analysis of both the contribution of each welfare indicat…

  • The Measurement and Decomposition of Multi-Dimensional Inequality

    Esfandiar MaasoumiARTICLEEconometrica1986

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