Max Kasy

Governing Body Fellow

Max Kasy is an Associate Professor in Economics, William R Miller Fellow and Tutor in Economics and a Governing Body Fellow.

Max’s research interests include:

  • Statistical decision theory (applied to experimental design, machine learning, policy choice, and empirical Bayes methods).
  • Statistics as a social process (publication bias etc.), the use of economic theory in econometrics.
  • Identification and causality.
  • Economic inequality and (optimal) taxation.

“Approximate cross-validation: Guarantees for model assessment and selection” (with Lester Mackey and Ashia Wilson), Artificial Intelligence and Statistics, 2020

“Identification of and correction for publication bias” (with Isaiah Andrews) American Economic Review, 2019, volume 109, issue 8

“Choosing among regularized estimators in empirical economics” (with Alberto Abadie) Review of Economics and Statistics, forthcoming

“How to use economic theory to improve estimators” (with Pirmin Fessler) Review of Economics and Statistics, 2019, volume 101, issue 4

“No data in the void: Values and distributional conflicts in empirical policy research and artificial intelligence,” Economics For Inclusive Prosperity, 2019

“Optimal taxation and optimal insurance using machine learning” The Journal of Public Economics, 2018, volume 167

“Uniformity and the delta method” Journal of Econometric Methods, 2019, volume 8, number 1

“Survey methodology and the measurement of income inequality” (with Pirmin Fessler and Peter Lindner) The Journal of Economic Inequality, 2019, volume 16, issue 4

“Why experimenters might not always want randomize, and what they could do instead” Political Analysis, 2016, volume 24, number 3

“Partial identification, distributional preferences, and the welfare ranking of policies” Review of Economics and Statistics, 2016, volume 98, number 1

“Erratum ‘Instrumental variables with unrestricted heterogeneity and continuous treatment’,” (with Stefan Hoderlein, Hajo Holzmann, and Alexander Meister) Review of Economic Studies, 2016

“Identification in a model of sorting with social externalities and the causes of urban segregation” Journal of Urban Economics, 2015, volume 85

“Nonparametric inference on the number of equilibria” The Econometrics Journal, 2015, volume 18, number 1

“Instrumental variables with unrestricted heterogeneity and continuous treatment” Review of Economic Studies, 2014, volume 81, number 4

“The impact of changing family structures on the income distribution among Costa Rican women 1993-2009,” (with Alvaro Ramos-Chaves) Feminist Economics, 2014, volume 20, number 2

“Identification in Triangular Systems Using Control Functions,” Econometric Theory, 2011, volume 27, number 3

“A nonparametric test for path dependence in discrete panel data” Economics Letters, 2011, volume 113, number 2

“Semiparametrically Efficient Estimation of Conditional Instrumental Variable Parameters,” International Journal of Biostatistics, 2009, volume 5, issue 1, article 2


Working papers and work in progress

“Adaptive treatment assignment in experiments for policy choice” (with Anja Sautmann) Revise and resubmit, Econometrica, 2020

“Selective publication of findings: Why does it matter, and what should we do about it?” Revise and resubmit, Journal of Economic Perspectives, 2020

“Which findings should be published?” (with Alexander Frankel) Revise and resubmit, American Economic Journal: Microeconomics, 2020

“Job search assistance for refugees in Jordan: An adaptive field experiment” (with Stefano Caria, Grant Gordon, Soha Osman, Simon Quinn, and Alex Teytelboym)

“A theory of Pre-Analysis Plans” (with Alexander Frankel and Jann Spiess)

“Fairness, equality, and power in algorithmic decision making” (with Rediet Abebe)

“Who wins, who loses? Tools for distributional policy evaluation”

“Intergenerational mobility and optimal income taxation”


Online textbook

“Empirical research on economic inequality” 

Where next?


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