Timothy J. Kehoe

Economics 8401

International Trade and Payments Theory

Fall 2006

Syllabus

Problem Set #1

Notes on Monopolistic Competition

Some Ideas for Research Projects

Notes on Ricardian Models with a Continuum of Goods

Star-Tribune Article

Problem Set #2

Notes on Tariffs and Trade Wars

Notes on Dynamic Heckscher-Ohlin Models

Notes on Static Applied General Equilibrium Models

Disaggregated Trade Data: U.S.-China and China-U.S.

Problem Set #3

Notes on Monopolistic Competition and Trade with Heterogeneous Firms

Excel File for Calculating Equilibria of Models with Heterogeneous Firms

Excel File for Calculating Equilibria of One-Sector Growth Models with Sustained Growth

Exam

Some papers:

C. Bajona and T. J. Kehoe, "Demographics in Dynamic Heckscher-Ohlin Models:  Overlapping Generations versus Infinitely Lived Consumers," Federal Reserve Bank of Minneapolis Staff Report 377, 2006.

C. Bajona and T. J. Kehoe, "Trade, Growth, and Convergence in a Dynamic Heckscher-Ohlin Model," Federal Reserve Bank of Minneapolis Staff Report 378, 2006.

R. Bergoeong and T. J. Kehoe, "Trade Theory and Trade Facts," Federal Reserve Bank of Minneapolis, Staff Report 284, 2001.

T. Chaney, "Distorted Gravity: Heterogeneous Firms, Market Structure and the Geography of International Trade," University of Chicago, 2006.

J. Eaton, S. Kortum, and F. Kramarz, "An Anatomy of International Trade: Evidence from French Firms," New York University, University of Minnesota, and CREST-INSEE, 2005.

P. J. Kehoe and T. J. Kehoe, "Capturing NAFTA's Impact with Applied General Equilibrium Models," Federal Reserve Bank of Minneapolis Quarterly Review, 18:2 (1994), 17-34.

P. J. Kehoe and T. J. Kehoe, "A Primer on Static Applied General Equilibrium Models," Federal Reserve Bank of Minneapolis Quarterly Review, 18:2 (1994), 2-16.

T. J. Kehoe, "An Evaluation of the Performance of Applied General Equilibrium Models of the Impact of NAFTA,"  in T. J. Kehoe, T. N. Srinivasan, and J. Whalley, editors, Frontiers in Applied General Equilibrium Modeling:  Essays in Honor of Herbert Scarf, Cambridge University Press, 2005, 341-377.

T. J. Kehoe and K. J. Ruhl, "How Important is the New Goods Margin in International Trade?" University of Minnesota, 2006.

K. J. Ruhl, "The Elasticity Puzzle in International Economics," University of Texas at Austin, 2005.

K.-M. Yi, "Can Vertical Specialization Explain the Growth of World Trade?" Journal of Political Economy, 111 (2003), 52–102.

A. Young, "Learning by Doing and the Dynamic Effect of International Trade," Quarterly Journal of Economics, 106 (1991), 396-406.

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