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
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
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 Unpublished manuscript, Yale University, 2016.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.