Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦
@tkehoe.bsky.social
Professor of Economics, U of Minnesota: General Equilibrium, Macroeconomics, International Trade, Latin America. He/him
webpage: http://users.econ.umn.edu/~tkehoe
webpage: http://users.econ.umn.edu/~tkehoe
Juliana has research she started on before she came to UMN Econ and she has continued since coming here.
Collaborations with researchers at Banco de la República in her native Colombia, CEMLA, IMF, and Minneapolis Fed have resulted in 8 published papers and 2 working papers with more on the way!
Collaborations with researchers at Banco de la República in her native Colombia, CEMLA, IMF, and Minneapolis Fed have resulted in 8 published papers and 2 working papers with more on the way!
November 24, 2025 at 5:40 PM
Juliana has research she started on before she came to UMN Econ and she has continued since coming here.
Collaborations with researchers at Banco de la República in her native Colombia, CEMLA, IMF, and Minneapolis Fed have resulted in 8 published papers and 2 working papers with more on the way!
Collaborations with researchers at Banco de la República in her native Colombia, CEMLA, IMF, and Minneapolis Fed have resulted in 8 published papers and 2 working papers with more on the way!
Her argument is plausible, but value of her analysis is how she combines empirical evidence with economic modeling to make it compelling.
Juliana is member of Manuel Amador’s and my UMN workshop. Marco Bassetto and Illenin Kondo at Minneapolis Fed @minneapolisfed.bsky.social are also advising her.
Juliana is member of Manuel Amador’s and my UMN workshop. Marco Bassetto and Illenin Kondo at Minneapolis Fed @minneapolisfed.bsky.social are also advising her.
November 24, 2025 at 5:40 PM
Her argument is plausible, but value of her analysis is how she combines empirical evidence with economic modeling to make it compelling.
Juliana is member of Manuel Amador’s and my UMN workshop. Marco Bassetto and Illenin Kondo at Minneapolis Fed @minneapolisfed.bsky.social are also advising her.
Juliana is member of Manuel Amador’s and my UMN workshop. Marco Bassetto and Illenin Kondo at Minneapolis Fed @minneapolisfed.bsky.social are also advising her.
Juliana argues that, if country has low levels of infrastructure and of private capital, government can borrow to provide infrastructure, which encourages more private investment, which increases domestic output and tax revenues, making it easier for government to service debt.
November 24, 2025 at 5:40 PM
Juliana argues that, if country has low levels of infrastructure and of private capital, government can borrow to provide infrastructure, which encourages more private investment, which increases domestic output and tax revenues, making it easier for government to service debt.
Carlos is a member of Manuel Amador’s and my UMN @umn-econ.bsky.social international economics workshop group.
Javier Bianchi a research economist at the Minneapolis Fed @minneapolisfed.bsky.social, is also advising Carlos on his research.
Javier Bianchi a research economist at the Minneapolis Fed @minneapolisfed.bsky.social, is also advising Carlos on his research.
November 21, 2025 at 5:57 PM
Carlos is a member of Manuel Amador’s and my UMN @umn-econ.bsky.social international economics workshop group.
Javier Bianchi a research economist at the Minneapolis Fed @minneapolisfed.bsky.social, is also advising Carlos on his research.
Javier Bianchi a research economist at the Minneapolis Fed @minneapolisfed.bsky.social, is also advising Carlos on his research.
When the variance of productivity shocks increase as in Global Financial Crisis in 2009, firms substitute away from most important country-industry pairs in global trade network because these suppliers become riskier hedges, despite these suppliers having lower expected costs.
November 21, 2025 at 5:57 PM
When the variance of productivity shocks increase as in Global Financial Crisis in 2009, firms substitute away from most important country-industry pairs in global trade network because these suppliers become riskier hedges, despite these suppliers having lower expected costs.
Carlos uses World Input-Output Database and ESCAP-World Bank Trade Cost Database over 2000-2014 to calibrate model.
Before shocks are realized, firms decide on their trade networks based on expectations of productivity from AR1 processes for all 43*56 country-industry pairs.
Before shocks are realized, firms decide on their trade networks based on expectations of productivity from AR1 processes for all 43*56 country-industry pairs.
November 21, 2025 at 5:57 PM
Carlos uses World Input-Output Database and ESCAP-World Bank Trade Cost Database over 2000-2014 to calibrate model.
Before shocks are realized, firms decide on their trade networks based on expectations of productivity from AR1 processes for all 43*56 country-industry pairs.
Before shocks are realized, firms decide on their trade networks based on expectations of productivity from AR1 processes for all 43*56 country-industry pairs.
Scott is a member of Manuel Amador’s and my UMN workshop group.
Doireann Fitzgerald and Mike Waugh at Minneapolis Fed @minneapolisfed.bsky.social are also advising Scott on his research.
Doireann Fitzgerald and Mike Waugh at Minneapolis Fed @minneapolisfed.bsky.social are also advising Scott on his research.
November 20, 2025 at 4:17 PM
Scott is a member of Manuel Amador’s and my UMN workshop group.
Doireann Fitzgerald and Mike Waugh at Minneapolis Fed @minneapolisfed.bsky.social are also advising Scott on his research.
Doireann Fitzgerald and Mike Waugh at Minneapolis Fed @minneapolisfed.bsky.social are also advising Scott on his research.
If there is drought that season,
In villages with land rental, low ability farmers rent land to high-ability farmers and work as laborers
In villages with no land rental, low-ability farmers farm but cannot afford fertilizer because of low income and minimum consumption requirement.
In villages with land rental, low ability farmers rent land to high-ability farmers and work as laborers
In villages with no land rental, low-ability farmers farm but cannot afford fertilizer because of low income and minimum consumption requirement.
November 20, 2025 at 4:17 PM
If there is drought that season,
In villages with land rental, low ability farmers rent land to high-ability farmers and work as laborers
In villages with no land rental, low-ability farmers farm but cannot afford fertilizer because of low income and minimum consumption requirement.
In villages with land rental, low ability farmers rent land to high-ability farmers and work as laborers
In villages with no land rental, low-ability farmers farm but cannot afford fertilizer because of low income and minimum consumption requirement.
At beginning of monsoon crop season, farmer knows if there will be drought or not.
But before he knows his own productivity, he must decide (1) to farm or work as laborer and rent out land and (2) if he farms, what crop to plant and how much fertilizer to use.
But before he knows his own productivity, he must decide (1) to farm or work as laborer and rent out land and (2) if he farms, what crop to plant and how much fertilizer to use.
November 20, 2025 at 4:17 PM
At beginning of monsoon crop season, farmer knows if there will be drought or not.
But before he knows his own productivity, he must decide (1) to farm or work as laborer and rent out land and (2) if he farms, what crop to plant and how much fertilizer to use.
But before he knows his own productivity, he must decide (1) to farm or work as laborer and rent out land and (2) if he farms, what crop to plant and how much fertilizer to use.
His data include household farming activities, meteorological conditions, and enforcement of legal restrictions at village level.
He models farmers of different abilities who live in villages with different land rental restrictions and who face idiosyncratic productivity shocks.
He models farmers of different abilities who live in villages with different land rental restrictions and who face idiosyncratic productivity shocks.
November 20, 2025 at 4:17 PM
His data include household farming activities, meteorological conditions, and enforcement of legal restrictions at village level.
He models farmers of different abilities who live in villages with different land rental restrictions and who face idiosyncratic productivity shocks.
He models farmers of different abilities who live in villages with different land rental restrictions and who face idiosyncratic productivity shocks.
Teresa argues that conditionality limits new bond sales diluting value of debt and that long maturity eliminates possibility of roll-over crises. Both result in higher bond prices.
She has assembled her dataset using work by others and matching renegotiation episodes with data on IMF programs.
She has assembled her dataset using work by others and matching renegotiation episodes with data on IMF programs.
November 19, 2025 at 3:28 PM
Teresa argues that conditionality limits new bond sales diluting value of debt and that long maturity eliminates possibility of roll-over crises. Both result in higher bond prices.
She has assembled her dataset using work by others and matching renegotiation episodes with data on IMF programs.
She has assembled her dataset using work by others and matching renegotiation episodes with data on IMF programs.
Teresa finds IMF conditionality limits country’s ability to overspend and borrow post default. IMF program lengthens maturity of debt.
She is a member of Manuel Amador’s and my UMN workshop group, also working with Illenin Kondo at Minneapolis Fed @minneapolisfed.bsky.social.
She is a member of Manuel Amador’s and my UMN workshop group, also working with Illenin Kondo at Minneapolis Fed @minneapolisfed.bsky.social.
November 19, 2025 at 3:28 PM
Teresa finds IMF conditionality limits country’s ability to overspend and borrow post default. IMF program lengthens maturity of debt.
She is a member of Manuel Amador’s and my UMN workshop group, also working with Illenin Kondo at Minneapolis Fed @minneapolisfed.bsky.social.
She is a member of Manuel Amador’s and my UMN workshop group, also working with Illenin Kondo at Minneapolis Fed @minneapolisfed.bsky.social.