University of Minnesota

Timothy J. Kehoe

Economics 8401

International Trade and Payments Theory

Fall 2005

Syllabus

Problem Set #1

Notes on Monopolistic Competition

Some Ideas for Research Projects

Notes on Ricardian Models with a Continuum of Goods

Problem Set #2

Star-Tribune Article #1

Notes on Dynamic Heckscher-Ohlin Models

Problem Set #3

City Pages Article

Star-Tribune Article #2

Problem Set #4

Notes on Real Exchange Rates

Notes on Capital Flows 

Notes on Sudden Stops

Exam

 

Some papers:

G. Alessandria, "International Relative Price Volatility and Intranational Price Dispersion," Ohio State University, unpublished manuscript, 2001.

R. Bergoeing and T. J. Kehoe, "Trade Theory and Trade Facts," Federal Reserve Bank of Minneapolis, Staff Report 284, 2001.

C. M. Betts and T. J. Kehoe, "Tradability of Goods and Real Exchange Rate  Fluctuations," Federal Reserve Bank of Minneapolis, unpublished manuscript, 2001.

V. V. Chari, P. J. Kehoe, and E. R. McGrattan, "Can Sticky Price Models Generate Volatile and Persistent Real Exchange Rates? Review of Economic Studies, 69 (2002), 533-563.

(Technical Appendix.)

M. Crucini, C. Telmer, and M. Zachariadis "Understanding European Real Exchange Rates," Vanderbilt University, unpublished manuscript, 2001.

G. Fernandez de Cordoba and T. J. Kehoe, "Capital Flows and Real Exchange Rate Fluctuations Following Spain's Entry into the European Community," Journal of International Economics, 51 (2000), 49-78.

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, "What Can We Learn from the Current Crisis in Argentina?" Scottish Journal of Political Economy, 50 (2003), 609-633.

K.-M. Yi, "Can Vertical Specialization Explain the Growth of World Trade?" Journal of Political Economy, 111 (2003), 52–102.


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