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 18,771

SSRN RANKINGS

Top 18,771

in Total Papers Downloads

3,475

SSRN CITATIONS
Rank 421

SSRN RANKINGS

Top 421

in Total Papers Citations

352

CROSSREF CITATIONS

1,912

Scholarly Papers (52)

1.
Downloads 894 ( 33,922)
Citation 32

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 835 (36,742)

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Optimal Fiscal and Monetary Policy

Number of pages: 119 Posted: 19 Jul 2000 Last Revised: 02 May 2021
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 59 (457,745)
Citation 17

Abstract:

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2.

Deflation and Depression: Is There and Empirical Link?

Number of pages: 14 Posted: 21 Aug 2007 Last Revised: 24 Jul 2021
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 349 (110,507)
Citation 4

Abstract:

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3.
Downloads 210 (185,406)
Citation 54

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 102 (332,163)

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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 75 (402,417)
Citation 2

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

The Optimal Degree of Discretion in Monetary Policy

Number of pages: 51 Posted: 19 Nov 2003 Last Revised: 16 Aug 2021
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 33 (581,107)
Citation 13

Abstract:

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4.

Business Cycle Accounting

Number of pages: 64 Posted: 05 Jan 2007 Last Revised: 15 Oct 2021
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 209 (186,213)
Citation 35

Abstract:

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5.

International Business Cycles: Theory and Evidence

Number of pages: 44 Posted: 15 Sep 2000 Last Revised: 13 Oct 2021
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 165 (229,423)
Citation 5

Abstract:

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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 118 (298,333)

Abstract:

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7.

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

Number of pages: 47 Posted: 27 Feb 2004 Last Revised: 06 Aug 2021
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 79 (386,561)
Citation 2

Abstract:

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8.

The Transition to a New Economy after the Second Industrial Revolution

Number of pages: 55 Posted: 20 Dec 2001 Last Revised: 17 Sep 2021
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 78 (389,401)

Abstract:

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9.
Downloads 73 (404,190)

Hot Money

Number of pages: 18 Posted: 06 Sep 2000 Last Revised: 02 Dec 2021
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 73 (408,771)

Abstract:

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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:

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The Poverty of Nations: A Quantitative Exploration

Number of pages: 69 Posted: 12 Jun 2000 Last Revised: 18 Oct 2021
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 65 (435,560)

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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:

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11.

Measuring Organization Capital

Number of pages: 37 Posted: 17 Jan 2002 Last Revised: 01 Nov 2021
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 60 (447,452)

Abstract:

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12.

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

Number of pages: 39 Posted: 21 Jul 2000 Last Revised: 24 Jul 2021
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 58 (454,840)

Abstract:

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New Keynesian Models: Not Yet Useful for Policy Analysis

Number of pages: 38 Posted: 08 Sep 2008 Last Revised: 12 Aug 2021
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 57 (465,646)
Citation 13

Abstract:

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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

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New Keynesian Models, Macroeconomic Policy

14.

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

Number of pages: 53 Posted: 06 Feb 2001 Last Revised: 04 Jul 2021
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 54 (469,947)
Citation 27

Abstract:

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15.

Modern Macroeconomics in Practice: How Theory is Shaping Policy

Number of pages: 52 Posted: 30 Aug 2006 Last Revised: 05 Aug 2021
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 52 (477,871)
Citation 5

Abstract:

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16.

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

Number of pages: 33 Posted: 01 Jul 2000 Last Revised: 17 Nov 2021
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 51 (481,953)
Citation 21

Abstract:

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17.

Financial Crises as Herds: Overturning the Critiques

Number of pages: 34 Posted: 27 Apr 2003 Last Revised: 22 Nov 2021
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 48 (494,513)
Citation 4

Abstract:

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18.

Time Consistency and Free-Riding in a Monetary Union

Number of pages: 30 Posted: 06 Dec 2002 Last Revised: 09 Aug 2021
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 43 (516,720)
Citation 2

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On the Optimal Choice of a Monetary Policy Instrument

Number of pages: 34 Posted: 14 Sep 2007 Last Revised: 12 Aug 2021
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 42 (531,990)

Abstract:

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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:

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

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

Number of pages: 54 Posted: 04 Oct 2001 Last Revised: 14 Oct 2021
affiliation not provided to SSRN, Federal Reserve Bank of Minneapolis - Research Department, University of Minnesota - Twin Cities - Department of Economics and Pontifical Catholic University of Chile - Institute of Economics
Downloads 42 (531,990)
Citation 6

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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 Pontifical Catholic University of Chile - Institute of Economics

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

International Business Cycles with Endogenous Incomplete Markets

Number of pages: 45 Posted: 18 Sep 2000 Last Revised: 18 Oct 2010
Patrick J. Kehoe and Fabrizio Perri
Federal Reserve Bank of Minneapolis - Research Department and Leonard N. Stern School of Business - Department of Economics
Downloads 42 (531,990)
Citation 30

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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:

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22.

Optimality of the Friedman Rule in Economies with Distorting Taxes

Number of pages: 27 Posted: 10 Jul 2007 Last Revised: 23 Aug 2021
University of Minnesota - Twin Cities - Department of Economics, Northwestern University and Federal Reserve Bank of Minneapolis - Research Department
Downloads 41 (526,080)
Citation 2

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23.

Relative Price Movements in Dynamic General Equilibrium Models of International Trade

Number of pages: 51 Posted: 18 Jul 2007 Last Revised: 07 Aug 2021
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 40 (530,948)

Abstract:

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24.

Sudden Stops and Output Drops

Number of pages: 19 Posted: 14 Mar 2005 Last Revised: 04 Dec 2021
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 39 (535,884)
Citation 9

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25.

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

Number of pages: 38 Posted: 24 Nov 2000 Last Revised: 17 Sep 2021
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 39 (535,884)
Citation 8

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On the Desirability of Fiscal Constraints in a Monetary Union

Number of pages: 16 Posted: 27 Jan 2004 Last Revised: 18 Jun 2021
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 38 (552,832)
Citation 6

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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:

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

27.
Downloads 36 (551,164)
Citation 5

Sophisticated Monetary Policies

Number of pages: 49 Posted: 20 Apr 2009 Last Revised: 02 Sep 2021
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 36 (563,836)
Citation 5

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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:

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Taylor rule; Implementation; New Keynsian model; King rule

28.

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

Number of pages: 25 Posted: 29 Apr 1998 Last Revised: 30 Jun 2021
Harold L. Cole and Patrick J. Kehoe
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 36 (551,164)
Citation 1

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29.

Prices are Sticky after All

Number of pages: 63 Posted: 20 Sep 2010 Last Revised: 19 Sep 2021
Patrick J. Kehoe and Virgiliu Midrigin
Federal Reserve Bank of Minneapolis - Research Department and New York University (NYU) - Department of Economics
Downloads 34 (561,771)
Citation 12

Abstract:

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30.

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

Number of pages: 14 Posted: 11 Apr 2002 Last Revised: 20 Oct 2021
affiliation not provided to SSRN, Federal Reserve Bank of Minneapolis - Research Department, University of Minnesota - Twin Cities - Department of Economics and Pontifical Catholic University of Chile - Institute of Economics
Downloads 34 (561,771)

Abstract:

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31.

Industry Evolution and Transition: A Neoclassical Benchmark

Number of pages: 47 Posted: 12 Sep 2000 Last Revised: 29 Nov 2021
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 33 (567,236)
Citation 1

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

Number of pages: 40 Posted: 01 Sep 2000 Last Revised: 05 Jul 2021
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 32 (587,025)

Abstract:

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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:

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The Heterogeneous State of Modern Macroeconomics: A Reply to Solow

Number of pages: 8 Posted: 30 Nov 2007 Last Revised: 25 Apr 2021
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 31 (593,106)

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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:

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Calibration, Microfoundation, Microeconometrics

34.

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

Number of pages: 24 Posted: 17 Oct 2006 Last Revised: 12 Nov 2021
Patrick J. Kehoe
Federal Reserve Bank of Minneapolis - Research Department
Downloads 31 (578,297)

Abstract:

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35.

Competitive Equilibria with Limited Enforcement

Number of pages: 33 Posted: 26 Jul 2002 Last Revised: 22 Oct 2021
Patrick J. Kehoe and Fabrizio Perri
Federal Reserve Bank of Minneapolis - Research Department and Leonard N. Stern School of Business - Department of Economics
Downloads 28 (596,293)
Citation 5

Abstract:

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36.

The Advantage of Transparent Instruments of Monetary Policy

Number of pages: 42 Posted: 20 Dec 2001 Last Revised: 22 Sep 2021
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 28 (596,293)

Abstract:

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Temporary Price Changes and the Real Effects of Monetary Policy

Number of pages: 51 Posted: 10 Oct 2008 Last Revised: 30 Oct 2021
Patrick J. Kehoe and Virgiliu Midrigin
Federal Reserve Bank of Minneapolis - Research Department and New York University (NYU) - Department of Economics
Downloads 26 (626,611)
Citation 1

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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:

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

Money and Interest Rates with Endogeneously Segmented Markets

Number of pages: 38 Posted: 09 Jun 1999 Last Revised: 18 Apr 2021
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 24 (641,362)
Citation 3

Abstract:

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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:

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Liquidity Effects, Yield Curve, Term Structure of Interest Rates

39.

Number of pages: 50 Posted: 29 Jun 2013 Last Revised: 15 Jun 2020
Varadarajan V. Chari and Patrick J. Kehoe
University of Minnesota - Twin Cities - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 23 (629,428)

Abstract:

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40.

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

Number of pages: 35 Posted: 27 Oct 2008 Last Revised: 06 Dec 2021
University of Minnesota - Twin Cities - Department of Economics, Federal Reserve Bank of Minneapolis - Research Department and Federal Reserve Bank of Minneapolis - Research Department
Downloads 23 (629,428)
Citation 13

Abstract:

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41.

Social Insurance and Transition

Number of pages: 40 Posted: 04 Jul 2004 Last Revised: 23 Jul 2021
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 23 (629,428)

Abstract:

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42.

Optimal Fiscal Policy in a Business Cycle Model

Number of pages: 48 Posted: 11 Apr 2011 Last Revised: 10 Oct 2021
University of Minnesota - Twin Cities - Department of Economics, Northwestern University and Federal Reserve Bank of Minneapolis - Research Department
Downloads 20 (650,588)
Citation 27

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On the Need for a New Approach to Analyzing Monetary Policy

Number of pages: 46 Posted: 20 Jun 2012 Last Revised: 20 Jun 2021
Andrew Atkeson and Patrick J. Kehoe
University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Minneapolis - Research Department
Downloads 17 (695,689)
Citation 2

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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:

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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

Number of pages: 76 Posted: 28 Sep 2020
Federal Reserve Bank of Minneapolis - Research Department, Federal Reserve Banks - Federal Reserve Bank of Cleveland, New York University (NYU) and Stanford University - Department of Economics
Downloads 10 (726,194)
Citation 1

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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:

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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

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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:

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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

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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:

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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:

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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

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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:

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