Patrick J. Kehoe

Federal Reserve Bank of Minneapolis - Research Department

Professor

90 Hennepin Avenue

Minneapolis, MN 55480

United States

University of Minnesota - Twin Cities - Department of Economics

271 19th Avenue South

Minneapolis, MN 55455

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

52

DOWNLOADS
Rank 20,047

SSRN RANKINGS

Top 20,047

in Total Papers Downloads

4,949

SSRN CITATIONS
Rank 525

SSRN RANKINGS

Top 525

in Total Papers Citations

744

CROSSREF CITATIONS

1,900

Scholarly Papers (52)

1.
Downloads 1,031 (43,061)
Citation 52

Optimal Fiscal and Monetary Policy

Number of pages: 119 Posted: 11 Mar 1999
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 908 (50,618)

Abstract:

Loading...

Optimal Fiscal and Monetary Policy

NBER Working Paper No. w6891
Number of pages: 119 Posted: 19 Jul 2000 Last Revised: 31 Oct 2022
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 123 (441,137)
Citation 17

Abstract:

Loading...

2.

Deflation and Depression: Is There and Empirical Link?

NBER Working Paper No. w10268
Number of pages: 14 Posted: 21 Aug 2007 Last Revised: 24 Jul 2022
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 429 (132,900)
Citation 4

Abstract:

Loading...

3.
Downloads 282 (210,056)
Citation 72

The Optimal Degree of Discretion in Monetary Policy

Number of pages: 61 Posted: 25 Aug 2004
Susan Athey, Andrew Atkeson and Patrick J. Kehoe
Stanford Graduate School of Business, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 128 (427,520)

Abstract:

Loading...

Rules vs. discretion, time inconsistency, optimal monetary policy, inflation targets, inflation caps

The Optimal Degree of Discretion in Monetary Policy

Number of pages: 49 Posted: 01 Jun 2004
Susan Athey, Andrew Atkeson and Patrick J. Kehoe
Stanford Graduate School of Business, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 92 (544,874)
Citation 2

Abstract:

Loading...

rules vs. discretion, time inconsistency, optimal monetary policy, inflation targets, inflation caps

The Optimal Degree of Discretion in Monetary Policy

NBER Working Paper No. w10109
Number of pages: 51 Posted: 19 Nov 2003 Last Revised: 17 Aug 2022
Susan Athey, Andrew Atkeson and Patrick J. Kehoe
Stanford Graduate School of Business, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 62 (684,840)
Citation 13

Abstract:

Loading...

4.

Business Cycle Accounting

NBER Working Paper No. w10351
Number of pages: 64 Posted: 05 Jan 2007 Last Revised: 15 Oct 2022
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 251 (235,977)
Citation 62

Abstract:

Loading...

5.

International Business Cycles: Theory and Evidence

NBER Working Paper No. w4493
Number of pages: 44 Posted: 15 Sep 2000 Last Revised: 13 Oct 2022
David K. Backus, Patrick J. Kehoe and Finn Kydland
NYU Stern School of Business (deceased), Federal Reserve Bank of Minneapolis - Research Department and Carnegie Mellon University - David A. Tepper School of Business
Downloads 205 (286,247)
Citation 78

Abstract:

Loading...

6.

The Monetary and Fiscal History of Brazil: 1960–2016

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2018-66
Number of pages: 63 Posted: 24 Aug 2018 Last Revised: 02 Mar 2019
Inter American Development Bank, Pontifical Catholic University - Department of Economics, Itau-BBA Bank and Federal Reserve Bank of Minneapolis - Research Department
Downloads 184 (315,517)

Abstract:

Loading...

7.

Financial Crises as Herds: Overturning the Critiques

NBER Working Paper No. w9658
Number of pages: 34 Posted: 27 Apr 2003 Last Revised: 23 Nov 2022
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 119 (450,330)
Citation 4

Abstract:

Loading...

8.

The Transition to a New Economy after the Second Industrial Revolution

NBER Working Paper No. w8676
Number of pages: 55 Posted: 20 Dec 2001 Last Revised: 17 Sep 2022
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 117 (456,126)

Abstract:

Loading...

9.

Dynamics of the Trade Balance and the Terms of Trade: the S-Curve

NBER Working Paper No. w4242
Number of pages: 47 Posted: 27 Feb 2004 Last Revised: 06 Aug 2022
David K. Backus, Patrick J. Kehoe and Finn Kydland
NYU Stern School of Business (deceased), Federal Reserve Bank of Minneapolis - Research Department and Carnegie Mellon University - David A. Tepper School of Business
Downloads 115 (462,165)
Citation 45

Abstract:

Loading...

The Poverty of Nations: A Quantitative Exploration

NBER Working Paper No. w5414
Number of pages: 69 Posted: 12 Jun 2000 Last Revised: 19 Oct 2022
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 99 (518,793)

Abstract:

Loading...

The Poverty of Nations: A Quantitative Exploration

Federal Reserve Bank of Minneapolis SR 204
Posted: 16 Sep 1999
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

11.
Downloads 98 (517,871)

Hot Money

NBER Working Paper No. w6007
Number of pages: 18 Posted: 06 Sep 2000 Last Revised: 02 Dec 2022
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 98 (522,316)

Abstract:

Loading...

Hot Money

Posted: 28 Nov 2003
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

12.

Prices are Sticky after All

NBER Working Paper No. w16364
Number of pages: 63 Posted: 20 Sep 2010 Last Revised: 20 Mar 2022
Patrick J. Kehoe and Virgiliu Midrigin
Federal Reserve Bank of Minneapolis - Research Department and New York University (NYU) - Department of Economics
Downloads 97 (521,362)
Citation 12

Abstract:

Loading...

13.

Competitive Equilibria with Limited Enforcement

NBER Working Paper No. w9077
Number of pages: 33 Posted: 26 Jul 2002 Last Revised: 26 Oct 2022
Patrick J. Kehoe and Fabrizio Perri
Federal Reserve Bank of Minneapolis - Research Department and Leonard N. Stern School of Business - Department of Economics
Downloads 96 (524,991)
Citation 5

Abstract:

Loading...

14.

Models of Energy Use: Putty-Putty Versus Putty-Clay

NBER Working Paper No. w4833
Number of pages: 38 Posted: 24 Nov 2000 Last Revised: 17 Sep 2022
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 93 (535,868)
Citation 18

Abstract:

Loading...

15.

Policy-Driven Productivity in Chile and Mexico in the 1980s and 1990s

NBER Working Paper No. w8892
Number of pages: 14 Posted: 11 Apr 2002 Last Revised: 26 Oct 2022
affiliation not provided to SSRN, Federal Reserve Bank of Minneapolis - Research Department, University of Minnesota - Twin Cities - Department of Economics and Pontificia Universidad Católica de Chile - Institute of Economics
Downloads 84 (570,491)

Abstract:

Loading...

16.

Measuring Organization Capital

NBER Working Paper No. w8722
Number of pages: 37 Posted: 17 Jan 2002 Last Revised: 02 Nov 2022
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 84 (570,491)

Abstract:

Loading...

17.

Monetary Shocks and Real Exchange Rates in Sticky Price Models of International Business Cycles

NBER Working Paper No. w5876
Number of pages: 39 Posted: 21 Jul 2000 Last Revised: 24 Jul 2022
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 81 (582,837)

Abstract:

Loading...

On the Desirability of Fiscal Constraints in a Monetary Union

NBER Working Paper No. w10232
Number of pages: 16 Posted: 27 Jan 2004 Last Revised: 18 Dec 2022
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 79 (599,309)
Citation 13

Abstract:

Loading...

On the Desirability of Fiscal Constraints in a Monetary Union

Posted: 30 Jul 2008
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

Free Riding Problem, Growth and Stability Pact, Time Consistency, International Cooperation

International Business Cycles with Endogenous Incomplete Markets

NBER Working Paper No. w7870
Number of pages: 45 Posted: 18 Sep 2000 Last Revised: 02 Jan 2023
Patrick J. Kehoe and Fabrizio Perri
Federal Reserve Bank of Minneapolis - Research Department and Leonard N. Stern School of Business - Department of Economics
Downloads 78 (603,842)
Citation 22

Abstract:

Loading...

International Business Cycles with Endogenous Incomplete Markets

Posted: 16 Sep 2002
Patrick J. Kehoe and Fabrizio Perri
Federal Reserve Bank of Minneapolis - Research Department and Leonard N. Stern School of Business - Department of Economics

Abstract:

Loading...

20.

Modern Macroeconomics in Practice: How Theory is Shaping Policy

NBER Working Paper No. w12476
Number of pages: 52 Posted: 30 Aug 2006 Last Revised: 05 Aug 2022
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 76 (604,424)
Citation 10

Abstract:

Loading...

21.

Can Sticky Price Models Generate Volatile and Persistent Real Exchange Rates?

NBER Working Paper No. w7869
Number of pages: 53 Posted: 06 Feb 2001 Last Revised: 02 Jan 2022
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 76 (604,424)
Citation 27

Abstract:

Loading...

New Keynesian Models: Not Yet Useful for Policy Analysis

NBER Working Paper No. w14313
Number of pages: 38 Posted: 08 Sep 2008 Last Revised: 12 Aug 2022
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 75 (617,812)
Citation 13

Abstract:

Loading...

New Keynesian Models: Not Yet Useful for Policy Analysis

Posted: 03 Sep 2008
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

New Keynesian Models, Macroeconomic Policy

23.

Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem?

NBER Working Paper No. w5809
Number of pages: 33 Posted: 01 Jul 2000 Last Revised: 17 Nov 2022
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 73 (617,989)
Citation 21

Abstract:

Loading...

24.
Downloads 62 (672,230)
Citation 5

Sophisticated Monetary Policies

NBER Working Paper No. w14883
Number of pages: 49 Posted: 20 Apr 2009 Last Revised: 02 Sep 2022
Andrew Atkeson, Varadarajan V. Chari and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 62 (684,840)
Citation 5

Abstract:

Loading...

Sophisticated Monetary Policies

Federal Reserve Bank of Minneapolis Working Paper 419
Posted: 30 Jun 2009
Andrew Atkeson, Varadarajan V. Chari and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

Taylor rule; Implementation; New Keynsian model; King rule

25.

Time Consistency and Free-Riding in a Monetary Union

NBER Working Paper No. w9370
Number of pages: 30 Posted: 06 Dec 2002 Last Revised: 10 Aug 2022
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 62 (672,230)
Citation 2

Abstract:

Loading...

26.

Relative Price Movements in Dynamic General Equilibrium Models of International Trade

NBER Working Paper No. w4243
Number of pages: 51 Posted: 18 Jul 2007 Last Revised: 07 Aug 2022
David K. Backus, Finn Kydland and Patrick J. Kehoe
NYU Stern School of Business (deceased), Carnegie Mellon University - David A. Tepper School of Business and Federal Reserve Bank of Minneapolis - Research Department
Downloads 61 (677,535)

Abstract:

Loading...

On the Optimal Choice of a Monetary Policy Instrument

NBER Working Paper No. w13398
Number of pages: 34 Posted: 14 Sep 2007 Last Revised: 12 Aug 2022
Andrew Atkeson, Varadarajan V. Chari and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 60 (696,104)

Abstract:

Loading...

On the Optimal Choice of a Monetary Policy Instrument

Posted: 22 Jul 2008
Andrew Atkeson, Varadarajan V. Chari and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics, University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

Indeterminacy, Interest rate rules, Taylor rules, Inflation targeting, Transparency, Time inconsistency

28.

Optimality of the Friedman Rule in Economies with Distorting Taxes

NBER Working Paper No. w4443
Number of pages: 27 Posted: 10 Jul 2007 Last Revised: 24 Aug 2022
University of Minnesota - Twin Cities - Department of Economics, Northwestern University and Federal Reserve Bank of Minneapolis - Research Department
Downloads 60 (682,859)
Citation 5

Abstract:

Loading...

A Decade Lost and Found: Mexico and Chile in the 1980s

NBER Working Paper No. w8520
Number of pages: 54 Posted: 04 Oct 2001 Last Revised: 14 Oct 2022
affiliation not provided to SSRN, Federal Reserve Bank of Minneapolis - Research Department, University of Minnesota - Twin Cities - Department of Economics and Pontificia Universidad Católica de Chile - Institute of Economics
Downloads 60 (696,104)
Citation 8

Abstract:

Loading...

A Decade Lost and Found: Mexico and Chile in the 1980s

Posted: 13 Aug 2008
affiliation not provided to SSRN, Federal Reserve Bank of Minneapolis - Research Department, University of Minnesota - Twin Cities - Department of Economics and Pontificia Universidad Católica de Chile - Institute of Economics

Abstract:

Loading...

Chile, Mexico, Growth Accounting, Total Factor Productivity, Depression

The Heterogeneous State of Modern Macroeconomics: A Reply to Solow

NBER Working Paper No. w13655
Number of pages: 8 Posted: 30 Nov 2007 Last Revised: 26 Oct 2022
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 56 (719,495)

Abstract:

Loading...

The Heterogeneous State of Modern Macroeconomics: A Reply to Solow

Posted: 19 Jul 2008
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

Calibration, Microfoundation, Microeconometrics

31.

Sudden Stops and Output Drops

NBER Working Paper No. w11133
Number of pages: 19 Posted: 14 Mar 2005 Last Revised: 04 Dec 2022
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 55 (710,610)
Citation 16

Abstract:

Loading...

32.

Reputation Spillover Across Relationships with Enduring and Transient Beliefs: Reviving Reputation Models of Debt

NBER Working Paper No. w5486
Number of pages: 25 Posted: 29 Apr 1998 Last Revised: 30 Dec 2022
Harold L. Cole and Patrick J. Kehoe
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 53 (722,407)
Citation 4

Abstract:

Loading...

Money, Interest Rates, and Exchange Rates with Endogenously Segmented Asset Markets

NBER Working Paper No. w7871
Number of pages: 40 Posted: 01 Sep 2000 Last Revised: 06 Jul 2022
Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe
University of Chicago - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 52 (744,665)

Abstract:

Loading...

Money, Interest Rates, and Exchange Rates with Endogenously Segmented Asset Markets

Posted: 10 Jun 2002
Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe
University of Chicago - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

Money and Interest Rates with Endogeneously Segmented Markets

NBER Working Paper No. w7060
Number of pages: 38 Posted: 09 Jun 1999 Last Revised: 17 Oct 2022
Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe
University of Chicago - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 51 (751,281)
Citation 9

Abstract:

Loading...

Money and Interest Rates with Endogeneously Segmented Markets

Posted: 17 Aug 2008
Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe
University of Chicago - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

Liquidity Effects, Yield Curve, Term Structure of Interest Rates

35.

Industry Evolution and Transition: A Neoclassical Benchmark

NBER Working Paper No. w6005
Number of pages: 47 Posted: 12 Sep 2000 Last Revised: 30 Nov 2022
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 50 (740,998)
Citation 1

Abstract:

Loading...

36.

The Advantage of Transparent Instruments of Monetary Policy

NBER Working Paper No. w8681
Number of pages: 42 Posted: 20 Dec 2001 Last Revised: 22 Sep 2022
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 49 (747,314)

Abstract:

Loading...

37.

How to Advance Theory with Structural Vars: Use the Sims-Cogley-Nason Approach

NBER Working Paper No. w12575
Number of pages: 24 Posted: 17 Oct 2006 Last Revised: 12 Nov 2022
Patrick J. Kehoe
Federal Reserve Bank of Minneapolis - Research Department
Downloads 46 (766,952)

Abstract:

Loading...

Temporary Price Changes and the Real Effects of Monetary Policy

NBER Working Paper No. w14392
Number of pages: 51 Posted: 10 Oct 2008 Last Revised: 30 Oct 2022
Patrick J. Kehoe and Virgiliu Midrigin
Federal Reserve Bank of Minneapolis - Research Department and New York University (NYU) - Department of Economics
Downloads 44 (800,027)
Citation 1

Abstract:

Loading...

Temporary Price Changes and the Real Effects of Monetary Policy

Posted: 08 Oct 2008
Patrick J. Kehoe and Virgiliu Midrigan
Federal Reserve Bank of Minneapolis - Research Department and Ohio State University (OSU) - Economics

Abstract:

Loading...

Sticky prices, sales, menu costs, Calvo model, New Keynesian model

39.

Are Structural Vars with Long-Run Restrictions Useful in Developing Business Cycle Theory?

NBER Working Paper No. w14430
Number of pages: 35 Posted: 27 Oct 2008 Last Revised: 07 Dec 2022
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 40 (809,479)
Citation 21

Abstract:

Loading...

40.

Social Insurance and Transition

NBER Working Paper No. w4411
Number of pages: 40 Posted: 04 Jul 2004 Last Revised: 23 Jul 2022
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 40 (809,479)

Abstract:

Loading...

41.

Bailouts, Time Inconsistency, and Optimal Regulation

NBER Working Paper No. w19192
Number of pages: 50 Posted: 29 Jun 2013 Last Revised: 11 Jun 2023
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 33 (865,474)

Abstract:

Loading...

42.

Optimal Fiscal Policy in a Business Cycle Model

NBER Working Paper No. w4490
Number of pages: 48 Posted: 11 Apr 2011 Last Revised: 10 Apr 2022
University of Minnesota - Twin Cities - Department of Economics, Northwestern University and Federal Reserve Bank of Minneapolis - Research Department
Downloads 33 (865,474)
Citation 29

Abstract:

Loading...

On the Need for a New Approach to Analyzing Monetary Policy

NBER Working Paper No. w14260
Number of pages: 46 Posted: 20 Jun 2012 Last Revised: 19 Dec 2022
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 32 (898,918)
Citation 2

Abstract:

Loading...

On the Need for a New Approach to Analyzing Monetary Policy

Posted: 21 Sep 2008
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

Asset pricing kernel, Interest rate dynamics, Expected excess returns, Yield curve, Term structure, Taylor rule

44.

On the Importance of Household versus Firm Credit Frictions in the Great Recession

FRB of Cleveland Working Paper No. 20-28
Number of pages: 76 Posted: 28 Sep 2020
Federal Reserve Bank of Minneapolis - Research Department, Federal Reserve Bank of Cleveland, New York University (NYU) and Stanford University - Department of Economics
Downloads 28 (909,619)
Citation 1

Abstract:

Loading...

credit constraints, collateral constraints, Great Recession, financial recession, government transfers

45.

Coordination of Fiscal Policies in a World Economy

Journal of Monetary Economics, Vol. 19, p. 349, 1987, Sloan Foundation Economics Research Paper No. 2640698
Posted: 08 Aug 2015
Patrick J. Kehoe
Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

46.

Industry Evolution and Transition: Measuring Investment in Organization Capital

Posted: 26 Sep 2008
Patrick J. Kehoe and Andrew Atkeson
Federal Reserve Bank of Minneapolis - Research Department and University of California, Los Angeles (UCLA) - Department of Economics

Abstract:

Loading...

Transition, Eastern Europe, Organization capital

47.

Reputation Spillover across Relationships: Reviving Reputation Models of Debt

Posted: 25 Sep 2008
Patrick J. Kehoe and Harold L. Cole
Federal Reserve Bank of Minneapolis - Research Department and University of Pennsylvania - Department of Economics

Abstract:

Loading...

Default, Borrowing and lending, Lending crises, Reputation, Soverign Debt

48.

Paths of Development for Early- and Late-Bloomers in a Dynamic Heckscher-Ohlin Model

Posted: 19 Aug 2008
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

Two Sector Growth Models, Convergence Trade and Growth

49.

The Advantage of Transparency in Monetary Policy Instruments

Posted: 13 Aug 2008
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

Nominal Anchor, Exchange Rate Regime, Monetary Instrument, Time Consistency, Fixed Exchange Rates

50.

Time-Varying Risk, Interest Rates, and Exchange Rates in General Equilibrium

Posted: 25 Jul 2008
Fernando Alvarez, Andrew Atkeson and Patrick J. Kehoe
University of Chicago - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

Forward Premium Anomaly, Fama Puzzle, Time-Varying Conditional Variances, Asset Pricing-Puzzle, Segmented Markets, Pricing Kernel

51.

Comparing Alternative Representations and Alternative Methodologies in Business Cycle Accounting

Posted: 21 Jul 2008
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...

wedges, distortions, recession, equivalence results

52.

Modeling and Measuring Organization Capital

Journal of Political Economy, Vol. 113, pp. 1026-1053, October 2005
Posted: 15 Sep 2005
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department

Abstract:

Loading...