Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦
Professor of Economics, U of Minnesota: General Equilibrium, Macroeconomics, International Trade, Latin America. He/him
webpage: users.econ.umn.edu/~tkehoe
- When Bruce Springsteen saw the news of the murder of Alex Pretti last Saturday, he wrote this song: Oh our Minneapolis, I hear your voice Crying through the bloody mist We’ll remember the names of those who died On the streets of Minneapolis www.youtube.com/watch?v=w24U...
- Attorney General Pam Bondi wrote to Governor Tim Walz telling him that President Trump will remove ICE from Minnesota if the state government hands over the data necessary for Trump to steal the 2026 elections in Minnesota. ICE activities in Minnesota have little or nothing to do with immigration.
- La situación en Minneapolis va mal. Hay mucha actividad delictiva, casi toda por parte de agentes federales. Estamos deprimidos, pero al mismo tiempo estamos orgullosos de nuestra comunidad. ¡La voluntad de la comunidad de resistir a Trump y sus secuaces es más fuerte que nunca!
- A beautiful, sunny morning in Minnesota. The temperature is -21 F, -29 C. Una hermosa mañana soleada en Minneapolis. La temperatura es de -21 grados Fahrenheit, -29 centígrados.
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- Presenting at the 50th Simposio de La Asociación Española de Economía at the Universitat Autònoma de Barcelona. This is the 33rd time that I presented at the Simposio.
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- Why did U.S.Consumer Sentiment Index fall as unemployment and inflation returned to normal 2023-24? @umn-econ.bsky.social JMC Leonardo Barreto @leonardo-barreto.bsky.social builds dynamic general equilibrium model with rich consumer heterogeneity to answer the question. www.leonardo-barreto.com
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- Should IMF limit foreign borrowing by governments of developing nations? UMN @umn-econ.bsky.social Econ JMC Juliana Gamboa-Arbelaez argues any such restrictions need to depend on conditions in the country and how the government spends borrowed funds. sites.google.com/view/juliana...
- Ricardo is right! Carlos has a excellent portfolio of research papers. In fact, we had trouble choosing which one to use as his job market paper.
- Jorge is right! Carlos has put together a fantastic model that can be put to lots of uses.
- How do global value chains evolve over time? UMN JMC Carlos Bolivar @carlosbolivar03.bsky.social analyzes how firms change intermediate input suppliers in 43-country, 56-industry world trade model with changing transportation costs and stochastic country-industry productivity. carlosbolivar.info
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- Jorge is right! And Scott has a wide variety of research interests and skills.
- Why is agricultural productivity in India so low? UMN @umn-econ.bsky.social Econ JMC Scott Sommers argues weather shocks amplify land market restrictions as source of misallocation in agriculture. He uses micro data to build model of heterogeneous farmers. sites.google.com/view/scottso...
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- How does IMF intervention after sovereign default help debtor country? UMN @umn-econ.bsky.social JMC Teresa Balestrini evaluates differences post default for countries that restructure within IMF program versus those that directly negotiate with creditors 1990–2014. www.teresabalestrini.com
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- This is an excellent analysis of the business and leadership crisis in the WNBA right now. Stop reading the other stuff out there and spend 10 minutes or so reading this.
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- Reposted by Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦More of this.
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- Reposted by Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦China and Mexico opened up around 1990. Examining why China grew faster than Mexico and continues to grow faster even though it depends less on trade and foreign investment, from @tkehoe.bsky.social and Xing Xu nber.org/papers/w34181
- New study compares economic experiences of China and Mexico after they opened to international trade and foreign investment by Xing Xu, PhD student at UMN Econ @umn-econ.bsky.social and research analyst at Minneapolis Fed @minneapolisfed.bsky.social and me: www.minneapolisfed.org/research/sta...
- New study comparing economic experiences of China and Mexico after they opened to international trade and foreign investment by Xing Xu, PhD student at UMN Econ @umn-econ.bsky.social and research analyst at Minneapolis Fed @minneapolisfed.bsky.social and me: www.minneapolisfed.org/research/sta...
- After President Fernandez told Argentina's statistical agency to make up inflation data in 2007, country had problems selling bonds for years. Trump's firing of BLS Commissioner yesterday will cause problems for U.S. With Trump's deficits, we need to sell bonds! www.reuters.com/article/mark...
- Scotland responds to President Trump's complaints about windmills during his visit there ...by building more windmills! www.yahoo.com/news/article...
- President Trump fired BLS Commissioner because he thinks revisions to jobs reports for past three months make him look bad. President Cristina Fernandez fired officials at Argentina's National Statistics Institute (INDEC) in 2007 because she wanted lower inflation data. www.yahoo.com/news/article...
- Ariel Burstein presents the third and final plenary lecture, on Economic Efficiency with Heterogeneous Consumers, at the Annual Meeting of the Society for Economic Dynamics at the beautiful Central Campus of the University of Copenhagen.
- Two photos from Annual Meeting of Society for Economic Dynamics in Copenhagen: (L) me presenting my work with Aloisio Araujo and Juan Pablo Gama; (R) Ayşegül Şahin’s last slide of her plenary address.
- Per Krusell introducing Ayşegül Şahin to present her research on Labor Market Dynamics in the second plenary session at the Annual Meeting of the Society for Economic Dynamics at the beautiful Central Campus of the University of Copenhagen.
- Paco Buera presenting his work on Macro-Development, the first plenary session at the Annual Meeting of the Society for Economic Dynamics on the beautiful campus of the University of Copenhagen.
- “Artificial Intelligence and Learning the Macroeconomy: Workshop in Honor of Albert Marcet,” BSE Summer Forum, 19-20 June 2025.
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- Ph.D. Commencement at U of Minnesota: I am with Gabriel Devoto @gabriel-devoto.bsky.social and Mauricio Barbosa Alves @mbarbosaalves.bsky.social, thesis advisees and members of Manuel Amador’s and my research workshop in international economics. Gabriel goes to IMF and Mauricio to U of Kentucky.
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- Critics are upset President Trump said, "I'm not a lawyer. I don't know" in response to whether migrants are entitled to due process when 5th Amendment says they are. I think that we should give Trump a break. He is clearly in cognitive decline, maybe Alzheimer's. www.yahoo.com/news/experts...
- This week's Economist: "Studies suggest that alcohol, deployed judiciously, can aid the creative process. [Researchers] have found that intoxicated people solved problems faster and 'were more likely to perceive their solutions as the result of a sudden insight.'" www.economist.com/finance-and-...
