Syllabus
Notes on Ricardian Models with a Continuum of Goods
Notes on Tariffs and Trade Wars
Notes on Monopolistic Competition
Problem Set #1
Star-Tribune Article
Notes on Dynamic Heckscher-Ohlin Models
Notes on Monopolistic Competition and Trade with Heterogeneous Firms
Excel File for Calculating Equilibria of Models with Heterogeneous Firms
Problem Set #2
Readings
J. Asturias, S. Hur, T. J. Kehoe, and K. J. Ruhl, "The Interaction and Sequencing of Policy Reforms," Journal of Economic Dynamics and Control, 72 (2016), 45-66.
C. Bajona and T. J. Kehoe, "Trade, Growth, and Convergence in a Dynamic Heckscher-Ohlin Model," Review of Economic Dynamics, 13 (2010), 487–513.
R. Bergoeing and T. J. Kehoe, "Trade Theory and Trade Facts," Federal Reserve Bank of Minneapolis, 2003.
T. Chaney, "Distorted Gravity: Heterogeneous Firms, Market Structure, and the Geography of International Trade," American Economic Review, 98 (2008), 1707–1721.
D. Costa, T. J. Kehoe, and G. Raveendranathan, "The Stages of Economic Growth Revisited, I: A General Framework and Take Off," Federal Reserve Bank of Minneapolis Economic Policy Paper, 16-5, March 2016.
D. Costa, T. J. Kehoe, and G. Raveendranathan, "The Stages of Economic Growth Revisited, II: Catching Up to and Joining the Economic Leader," Federal Reserve Bank of Minneapolis Economic Policy Paper, 16-6, April 2016.
R. Dornbusch, S. Fischer, and P. A. Samuelson, "Comparative Advantage, Trade, and Payments in a Ricardian Model with a Continuum of Goods," American Economic Review, 67 (1977), 823–839.
R. Dornbusch, S. Fischer, and P. A. Samuelson, "Heckscher-Ohlin Trade Theory with a Continuum of Goods," Quarterly Journal of Economics, 95 (1980), 203–224.
J. Eaton, S. Kortum, and F. Kramarz, "An Anatomy of International Trade: Evidence from French Firms," Econometrica, 79 (2011), 1453–1498.
T. J. Kehoe, "Overview Panel: The Case for Globalization and the Dangers Ahead," in Fostering a Dynamic Global Economy: A Symposium Sponsored by the Federal Reserve Bank of Kansas City, Federal Reserve Bank of Kansas City, 2018, 377-390.
T. J. Kehoe and K. J. Ruhl, "Why Have Economic Reforms in Mexico Not Generated Growth?," Journal of Economic Literature, 48 (2010), 1005–1027.
P. R. Krugman, "Increasing Returns, Monopolistic Competition, and International Trade," Journal of International Economics, 9 (1979), 469-479.
J. Markusen, "Explaining the Volume of Trade: An Eclectic Approach," American Economic Review, 76 (1986), 1002-1011.
M. J. Melitz, "The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity," Econometrica, 71 (2003), 1695-1725.
F. Rodriguez and D. Rodrik, "Trade Policy and Economic Growth: A Skeptic's Guide to the Cross-National Evidence," in B. Bernanke and K. Rogoff, editors, Macroeconomics Annual 2000, MIT Press, 2001, 261-325.
J. Ventura, "Growth and Interdependence," Quarterly Journal of Economics, 112 (1997), 57-84.
C. A. Wilson, "On the General Structure of Ricardian Models with a Continuum of Goods: Applications to Growth, Tariff Theory, and Technical Change," Econometrica, 48 (1980), 1675–1702.