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Maximilian Kasy

Dados Biográficos

ID1471058
NOMEMaximilian Kasy
PRENOMESMaximilian
SOBRENOMEKasy
ASSINATURAKASY M
AFILIAÇÕESHarvard University
ORCID0000-0002-8679-5179
VERIFICADOSim
TOTAL DE OBRAS8
TOTAL DE CITAÇÕES11
TOTAL COMO AUTOR8
TOTAL COMO EDITOR0
PRIMEIRO ANO DE PUBLICAÇÃO2013
ANO MAIS RECENTE DE PUBLICAÇÃO2021
ÍNDICE H2
  • Of Forking Paths and Tied Hands

    Open Access•Maximilian Kasy•ARTICLE•The Journal of Economic…•2021•Citada por: 4•Referências: 5

    A key challenge for interpreting published empirical research is the fact that published findings might be selected by researchers or by journals. Selection might be based on criteria such as significance, consistency with theory, or the surprisingness of findings or their plausibility. Selection leads to biased estimates, reduced coverage of confidence intervals, and distorted posterior beliefs. I review methods for detecting and quantifying sel…

  • Choosing among Regularized Estimators in Empirical Economics

    Alberto Abadie, Maximilian Kasy•ARTICLE•The Review of Economics and…•2019

    Many settings in empirical economics involve estimation of a large number of parameters. In such settings, methods that combine regularized estimation and data-driven choices of regularization parameters are useful. We provide guidance to applied researchers on the choice between regularized estimators and data-driven selection of regularization parameters. We characterize the risk and relative performance of regularized estimators as a function …

  • How to Use Economic Theory to Improve Estimators

    Pirmin Fessler, Maximilian Kasy•ARTICLE•The Review of Economics and…•2019

    We propose to use economic theories to construct shrinkage estimators that perform well when the theories' empirical implications are approximately correct but perform no worse than unrestricted estimators when the theories' implications do not hold. We implement this construction in various settings, including labor demand and wage inequality, and estimation of consumer demand. We provide asymptotic and finite sample characterizations of the beh…

  • Survey mode effects on measured income inequality

    Open Access•Pirmin Fessler, Maximilian Kasy et al.•ARTICLE•The Journal of Economic Inequality•2018•Citada por: 2•Referências: 2

  • Partial Identification, Distributional Preferences, and the Welfare Ranking of Policies

    Maximilian Kasy•ARTICLE•The Review of Economics and…•2016

    We discuss the tension between “what we can get” (identification) and “what we want” (parameters of interest) in models of policy choice (treatment assignment). Our nonstandard empirical object of interest is the ranking of counterfactual policies. Partial identification of treatment effects maps into a partial welfare ranking of treatment assignment policies. We characterize the identified ranking and show how the identifiability of the ranking …

  • Why Experimenters Might Not Always Want to Randomize, and What They Could Do Instead

    Open Access•Maximilian Kasy•ARTICLE•Political Analysis•2016•Citada por: 3•Referências: 15

    Suppose that an experimenter has collected a sample as well as baseline information about the units in the sample. How should she allocate treatments to the units in this sample? We argue that the answer does not involve randomization if we think of experimental design as a statistical decision problem. If, for instance, the experimenter is interested in estimating the average treatment effect and evaluates an estimate in terms of the squared err…

  • Identification in a model of sorting with social externalities and the causes of urban segregation

    Open Access•Maximilian Kasy•ARTICLE•Journal of Urban Economics•2015•Citada por: 1•Referências: 23

  • The Impact of Changing Family Structures on the Income Distribution among Costa Rican Women 1993–2009

    Maximilian Kasy, Alvaro Roberto Ramos-Chaves et al.•ARTICLE•Feminist Economics•2013•Citada por: 1•Referências: 2

    Changes in family structures, such as the composition of households with respect to size, age, and gender, can have an impact on poverty rates and the income distribution more generally. This study analyzes the impact of changing family structures on the income distribution among adult Costa Rican women between 1993 and 2009, using decomposition methods. There was a general increase in the share of family structures associated with lower incomes …

  • Of Forking Paths and Tied Hands

    Open Access•Maximilian Kasy•ARTICLE•The Journal of Economic…•2021•Citada por: 4•Referências: 5

    A key challenge for interpreting published empirical research is the fact that published findings might be selected by researchers or by journals. Selection might be based on criteria such as significance, consistency with theory, or the surprisingness of findings or their plausibility. Selection leads to biased estimates, reduced coverage of confidence intervals, and distorted posterior beliefs. I review methods for detecting and quantifying sel…

  • Why Experimenters Might Not Always Want to Randomize, and What They Could Do Instead

    Open Access•Maximilian Kasy•ARTICLE•Political Analysis•2016•Citada por: 3•Referências: 15

    Suppose that an experimenter has collected a sample as well as baseline information about the units in the sample. How should she allocate treatments to the units in this sample? We argue that the answer does not involve randomization if we think of experimental design as a statistical decision problem. If, for instance, the experimenter is interested in estimating the average treatment effect and evaluates an estimate in terms of the squared err…

  • Survey mode effects on measured income inequality

    Open Access•Pirmin Fessler, Maximilian Kasy et al.•ARTICLE•The Journal of Economic Inequality•2018•Citada por: 2•Referências: 2

  • Identification in a model of sorting with social externalities and the causes of urban segregation

    Open Access•Maximilian Kasy•ARTICLE•Journal of Urban Economics•2015•Citada por: 1•Referências: 23

  • The Impact of Changing Family Structures on the Income Distribution among Costa Rican Women 1993–2009

    Maximilian Kasy, Alvaro Roberto Ramos-Chaves et al.•ARTICLE•Feminist Economics•2013•Citada por: 1•Referências: 2

    Changes in family structures, such as the composition of households with respect to size, age, and gender, can have an impact on poverty rates and the income distribution more generally. This study analyzes the impact of changing family structures on the income distribution among adult Costa Rican women between 1993 and 2009, using decomposition methods. There was a general increase in the share of family structures associated with lower incomes …

  • The Impact of Changing Family Structures on the Income Distribution among Costa Rican Women 1993–2009

    Maximilian Kasy, Alvaro Roberto Ramos-Chaves et al.•ARTICLE•Feminist Economics•2013•Citada por: 1•Referências: 2

    Changes in family structures, such as the composition of households with respect to size, age, and gender, can have an impact on poverty rates and the income distribution more generally. This study analyzes the impact of changing family structures on the income distribution among adult Costa Rican women between 1993 and 2009, using decomposition methods. There was a general increase in the share of family structures associated with lower incomes …

  • Identification in a model of sorting with social externalities and the causes of urban segregation

    Open Access•Maximilian Kasy•ARTICLE•Journal of Urban Economics•2015•Citada por: 1•Referências: 23

  • Partial Identification, Distributional Preferences, and the Welfare Ranking of Policies

    Maximilian Kasy•ARTICLE•The Review of Economics and…•2016

    We discuss the tension between “what we can get” (identification) and “what we want” (parameters of interest) in models of policy choice (treatment assignment). Our nonstandard empirical object of interest is the ranking of counterfactual policies. Partial identification of treatment effects maps into a partial welfare ranking of treatment assignment policies. We characterize the identified ranking and show how the identifiability of the ranking …

  • Why Experimenters Might Not Always Want to Randomize, and What They Could Do Instead

    Open Access•Maximilian Kasy•ARTICLE•Political Analysis•2016•Citada por: 3•Referências: 15

    Suppose that an experimenter has collected a sample as well as baseline information about the units in the sample. How should she allocate treatments to the units in this sample? We argue that the answer does not involve randomization if we think of experimental design as a statistical decision problem. If, for instance, the experimenter is interested in estimating the average treatment effect and evaluates an estimate in terms of the squared err…

  • Survey mode effects on measured income inequality

    Open Access•Pirmin Fessler, Maximilian Kasy et al.•ARTICLE•The Journal of Economic Inequality•2018•Citada por: 2•Referências: 2

  • Choosing among Regularized Estimators in Empirical Economics

    Alberto Abadie, Maximilian Kasy•ARTICLE•The Review of Economics and…•2019

    Many settings in empirical economics involve estimation of a large number of parameters. In such settings, methods that combine regularized estimation and data-driven choices of regularization parameters are useful. We provide guidance to applied researchers on the choice between regularized estimators and data-driven selection of regularization parameters. We characterize the risk and relative performance of regularized estimators as a function …

  • How to Use Economic Theory to Improve Estimators

    Pirmin Fessler, Maximilian Kasy•ARTICLE•The Review of Economics and…•2019

    We propose to use economic theories to construct shrinkage estimators that perform well when the theories' empirical implications are approximately correct but perform no worse than unrestricted estimators when the theories' implications do not hold. We implement this construction in various settings, including labor demand and wage inequality, and estimation of consumer demand. We provide asymptotic and finite sample characterizations of the beh…

  • Of Forking Paths and Tied Hands

    Open Access•Maximilian Kasy•ARTICLE•The Journal of Economic…•2021•Citada por: 4•Referências: 5

    A key challenge for interpreting published empirical research is the fact that published findings might be selected by researchers or by journals. Selection might be based on criteria such as significance, consistency with theory, or the surprisingness of findings or their plausibility. Selection leads to biased estimates, reduced coverage of confidence intervals, and distorted posterior beliefs. I review methods for detecting and quantifying sel…

Mathematics (7 obras) · Computer Science (6 obras) · Econometrics (6 obras) · Economics (6 obras) · Statistics (5 obras) · Artificial Intelligence (3 obras) · Monetary Policy and Economic Impact (3 obras) · Advanced Causal Inference Techniques (2 obras) · Artificial Intelligence (2 obras) · Decision-Making and Behavioral Economics (2 obras)

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