Edward G. Keating

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Senior Economist; Professor, Pardee RAND Graduate School
Santa Monica Office

Education

Ph.D. in economic analysis, Stanford University Graduate School of Business; B.A. in mathematical methods in the social sciences and economics, Northwestern University

Overview

Biography

Edward G. Keating is a senior economist specializing in defense economics issues, including manpower compensation policies, aging military systems, working capital fund policy, military cost analysis, outsourcing and privatization, and contracting policy. He is also a professor at the Pardee RAND Graduate School. Some of Keating's recent work includes an examination of Air Force physician and dentist compensation policies, how Navy shipbuilding contracts should index for inflation, development of a methodology to value expedited aircraft depot maintenance, and estimating optimal retirement of aging Air Force systems. Along with many RAND publications, Keating's research has been published in the journals Air Force Journal of Logistics, Armed Forces Comptroller, Defence and Peace Economics, Defense Acquisition Review Journal, Journal of Cost Analysis & Management, Military Medicine, and Public Administration Review. Keating has taught finance and accounting at the Pardee RAND Graduate School as well as economics and finance to M.B.A. students at Loyola Marymount University. He holds a Ph.D. in economic analysis and policy from the Stanford University Graduate School of Business.

Research Focus

Recent Projects

  • Air Force physician and dentist compensation policy
  • Material costs of the Littoral Combat Ship
  • Optimal retirement of aging Air Force systems
  • Examining Air Force depot-level maintenance
  • Understanding the costs and performance of the Defense Finance and Accounting Service

Selected Publications

Edward G. Keating, Marygail K. Brauner, Lionel A. Galway, Judith D. Mele, James J. Burks, and Brendan Saloner, "The Air Force Medical Corps' Status and How Its Physicians Respond to Multiyear Special Pay," Military Medicine, 174(11):1155-1162, 2009

Edward G. Keating, Robert Murphy, John F. Schank, and John Birkler, "Reforming How Navy Shipbuilding Contracts Adjust for Material-Cost Risk," Defense Acquisition Review Journal, 15(3):293-305, 2008

Edward G. Keating and Elvira Loredo, "Valuing Programmed Depot Maintenance Speed," The Journal of Cost Analysis & Management, :73-84, 2006

Edward G. Keating and Matthew Dixon, "Investigating Optimal Replacement of Aging Air Force Systems," Defence and Peace Economics, 15(5):421-431, 2004

Edward G. Keating and Frank Camm, "Depot Maintenance Activity Group Funding," Air Force Journal of Logistics, 27(3):14-21, 2003

Publications

Air Attack Against Wildfires: Understanding U.S. Forest Service Requirements for Large Aircraft - 2012

An Assessment of the Civilian Acquisition Workforce Personnel Demonstration Project - 2012

Funding Ammunition Ports - 2012

Identifying a Cost-Effective Aviation Fleet for the U.S. Forest Service - 2012

Naval Aviation Budgeting: Cost Adjustment Sheets and the Flying Hour Program - 2012

Options for and Costs of Retaining C-17 Aircraft Production-Only Tooling - 2012

A Methodology for Comparing Costs and Benefits of Management Alternatives for F-22 Sustainment - 2011

Small Business and Defense Acquisitions: A Review of Policies and Current Practices - 2011

An Analysis of the Populations of the Air Force's Medical and Professional Officer Corps - 2010

Evaluating the Desirability of Navy F/A-18E/F Service Life Extension Programs (SLEPs) - 2010

Air Force Physician and Dentist Multiyear Special Pay: Current Status and Potential Reforms - 2009

The Air Force Medical Corps' Status and How Its Physicians Respond to Multiyear Special Pay - 2009

The Department of the Navy's Civilian Acquisition Workforce: An Analysis of Recent Trends - 2009

United States Air Force Aircraft Fleet Retention Trends: A Historical Analysis - 2009

Insights on Aircraft Programmed Depot Maintenance: An Analysis of F-15 PDM - 2008

The Defense Acquisition Workforce: An Analysis of Personnel Trends Relevant to Policy, 1993-2006 - 2008

Using the Steel-Vessel Material-Cost Index to Mitigate Shipbuilder Risk - 2008

Civilian Workforce Planning in the Department of Defense: Different Levels, Different Roles - 2006

The Effects of A-76 Cost Comparisons on DoD Civilian Education and Training - 2006

Valuing Programmed Depot Maintenance Speed: An Analysis of F-15 PDM - 2006

What is the Monetary Value of Expediting Aircraft Programmed Depot Maintenance? - 2006

Aging Aircraft Repair-Replacement Decisions with Depot-Level Capacity as a Policy Choice Variable - 2005

Modernizing the U.S. Aircraft Carrier Fleet: Accelerating CVN 21 Production Versus Mid-Life Refueling - 2005

Options for Reducing Costs in the United Kingdom’s Future Aircraft Carrier (CVF) Programme - 2005

Reducing the Cost of Aircraft Carrier Acquisition - 2005

Repairing or Replacing Aging Aircraft: How Do Modifications and Depot Capacity Affect the Decision? - 2005

Addressing the Repair-or-Replace Dilemma in the Air Force's Aging Aircraft Fleet - 2004

Base Realignment and Closure (BRAC) and Organizational Restructuring in the DoD: Implications for Education and Training Infrastructure - 2004

Base Realignment and Closure: An Opportunity to Reassess DoD's Civilian Education and Training Infrastructure - 2004

Challenges in Defense Working Capital Fund Pricing: Analysis of the Defense Finance and Accounting Service - 2003

Investigating Optimal Replacement of Aging Air Force Systems - 2003

Options for Managing the Army’s Arsenals and Ammunition Plants - 2003

How Should The U.S. Air Force Depot Maintenance Activity Group Be Funded? Insights From Expenditure and Flying Hour Data - 2002

Improving the Defense Finance and Accounting Service's Interactions With Its Customers - 2001

Improving the DoD's Defense Finance and Accounting Service - 2001

RAND Research Suggests Changes in Department of Defense Internal Pricing - 2001

Defense Working Capital Fund Pricing Policies: Insights from the Defense Finance and Accounting Service - 1999

CVX Propulsion System Decision: Industrial Base Implications of Nuclear and Non-Nuclear Options - 1998

Incentives to Undertake Sourcing Studies in the Air Force - 1998

Cancellations and Delays in Completion of Department of Defense A-76 Cost Comparisons - 1997

Sourcing Decisions for Air Force Support Services: Current and Historical Patterns - 1997

Contracting for Weapon System Repair: An Examination of Alternative Approaches - 1996

Government Contracting Options: A Model and Application - 1996

Understanding and Reducing the Costs of FORSCOM Installations - 1996

Army Morale, Welfare, and Recreation Programs in the Future: Maximizing Soldier Benefits in Times of Austerity - 1994