Timothy J. Kehoe


Home   Research   Teaching   Publications   Computation   Curriculum Vitae   Personal   Data

Economics 8401
International Trade and Payments Theory
Fall 2020

Syllabus

Problem Set #1

Notes on Ricardian Models with a Continuum of Goods

Notes on the Analytic Solution to the Cobb-Douglas Heckscher-Ohlin Model

Notes on Tariffs and Trade Wars

Some Ideas for Research Projects

Star-Tribune Article

Notes on Monopolistic Competition

Problem Set #2

Notes on Alwyn Young's Model

Notes on Dynamic Heckscher-Ohlin Models

Problem Set #3

Heterogeneous Firms

Excel File for Calculating Equilibria of Models with Heterogeneous Firms

Problem Set #4

Notes on What Happened in Mexico in 1994–95

Notes on Gambling for Redemption

Excel File for Calculating Equilibria in Models with Self-Fulfilling Debt Crises

Notes on Government Behavior in the Crisis Zone

Problem Set #5


Some papers

T. Allen and C. Arkolakis, Elements of Advanced International Trade. Unpublished manuscript, Yale University, 2016.

C. Arkolakis,"Market Penetration Costs and the New Consumers Margin in International Trade," Journal of Political Economy, 118 (2010), 1151–1199.

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, "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," Review of Economic Dynamics, 13 (2010), 487–513.

R. Bergoeing 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," American Economic Review, 98 (2008), 1707–21.

H. L. Cole and T. J. Kehoe (1996), "A Self-Fulfilling Model of Mexico's 1994-95 Debt Crisis," Journal of International Economics, 41, 309–330.

H. L. Cole and T. J. Kehoe (2000), "Self-Fulfilling Debt Crises," Review of Economic Studies, 67, 91–116.

J. C. Conesa and T. J. Kehoe (2011), "Gambling for Redemption and Self-Fulfilling Debt Crises," Economic Theory, 64 (2017), 707–740. Minneapolis.

J. Eaton, S. Kortum, and F. Kramarz, "An Anatomy of International Trade: Evidence from French Firms," Econometrica, 79 (2011), 1453–1498.

M. J. Gibson, "Trade Liberalization, Reallocation, and Productivity," University of Minnesota, 2006.

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, "What Happened in Mexico in 1994–95?" in P. J. Kehoe and T. J. Kehoe, editors, Modeling North American Economic Integration, Kluwer Academic Publishers, 1995, 131–147.

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, P. S. Pujolàs, and J. Rossbach, "Quantitative Trade Models: Developments and Challenges," Annual Review of Economics, 9 (2017), 295–325.

T. J. Kehoe J. M. Rossbach, and K. J. Ruhl, "The Opportunity Costs of Entrepreneurs in International Trade," Economics Letters, 146 (2016) 1–3.

T. J. Kehoe J. M. Rossbach, and K. J. Ruhl, "Using the New Products Margin to Predict the Industry-Level Impact of Trade Reform," Journal of International Economics, 96 (2015), 289–297.

T. J. Kehoe and K. J. Ruhl, "Are Shocks to the Terms of Trade Shocks to Productivity?" Review of Economic Dynamics, 11 (2008), 804–819.

T. J. Kehoe and K. J. Ruhl, "How Important is the New Goods Margin in International Trade?" Journal of Political Economy, 121 (2013), 358–392.

T. J. Kehoe and K. J. Ruhl, "Sudden Stops, Sectoral Reallocations, and the Real Exchange Rate," Journal of Development Economics, 89 (2009), 235–249.

T. J. Kehoe, K. J. Ruhl, and J. B. Steinberg, "Global Imbalances and Structural Change in the United States," Journal of Political Economy, 126 (2018), 771–796.

M. Melitz, "The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity," Econometrica, 71 (2003), 1695–1725.

A. Ramanarayanan, "Imported Inputs, Irreversibility, and International Trade Dynamics," Journal of International Economics, 104 (2017), 1–18.

K. J. Ruhl, "The Elasticity Puzzle in International Economics," University of Texas at Austin, 2008.

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.


© 2000, 2020 by the Regents of the University of Minnesota.
All rights reserved.
The construction of this web site was supported by the National Science Foundation under Grants No. 96-18370, 00-96364, 05-20517, 09-62865.
The views and opinions expressed in this page are strictly those of the page author. The contents of this page have not been reviewed or approved by the University of Minnesota.
Comments to: tkehoe@umn.edu