Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦
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tkehoe.bsky.social
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
Pinned
La Calçotada d’Economistes de Barcelona al Restaurant Catalunya a Santes Creus: els meus amics Ernest, Hilda, Andreu, Esther i jo.
Ricardo is right! Carlos has a excellent portfolio of research papers. In fact, we had trouble choosing which one to use as his job market paper.
Carlos and I had several helpful and fun discussions about our research projects. I would note that he has (7!) other projects at the draft stage in his website! Prolific researcher, interesting questions and a great personality. @carlosbolivar03.bsky.social, when are we writing a paper?
How do global value chains evolve over time?

UMN JMC Carlos Bolivar @carlosbolivar03.bsky.social analyzes how firms change intermediate input suppliers in 43-country, 56-industry world trade model with changing transportation costs and stochastic country-industry productivity.

carlosbolivar.info
November 21, 2025 at 7:48 PM
Jorge is right! Carlos has put together a fantastic model that can be put to lots of uses.
Another great paper from a great candidate @carlosbolivar03.bsky.social

His paper is super relevant in today’s times where trade policy uncertainty, tariffs and near shoring are affecting the decisions of firms and consumers all over the world.

Carlos is also a great economist!
How do global value chains evolve over time?

UMN JMC Carlos Bolivar @carlosbolivar03.bsky.social analyzes how firms change intermediate input suppliers in 43-country, 56-industry world trade model with changing transportation costs and stochastic country-industry productivity.

carlosbolivar.info
November 21, 2025 at 7:43 PM
How do global value chains evolve over time?

UMN JMC Carlos Bolivar @carlosbolivar03.bsky.social analyzes how firms change intermediate input suppliers in 43-country, 56-industry world trade model with changing transportation costs and stochastic country-industry productivity.

carlosbolivar.info
Carlos Bolivar Ph.D. Student in Economics | Carlos Bolivar
I am a third-year Ph.D. student in Economics at the University of Minnesota, with research interests in International Economics, Macroeconomic Theory, and Public Economics. Learn more about my backgro...
carlosbolivar.info
November 21, 2025 at 5:57 PM
Reposted by Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦
Amazing paper!
Why is agricultural productivity in India so low?

UMN @umn-econ.bsky.social Econ JMC Scott Sommers argues weather shocks amplify land market restrictions as source of misallocation in agriculture. He uses micro data to build model of heterogeneous farmers.

sites.google.com/view/scottso...
Scott Sommers
Scott Sommers
sites.google.com
November 20, 2025 at 11:56 PM
Jorge is right! And Scott has a wide variety of research interests and skills.
Super well done and relevant paper not only for India but for many other regions of the world!

Scott is also a very friendly and smart colleague! Definitely the type of person you want to work with!

#EconSky #EconJobMarket #EconBluesky
Why is agricultural productivity in India so low?

UMN @umn-econ.bsky.social Econ JMC Scott Sommers argues weather shocks amplify land market restrictions as source of misallocation in agriculture. He uses micro data to build model of heterogeneous farmers.

sites.google.com/view/scottso...
November 20, 2025 at 5:19 PM
Why is agricultural productivity in India so low?

UMN @umn-econ.bsky.social Econ JMC Scott Sommers argues weather shocks amplify land market restrictions as source of misallocation in agriculture. He uses micro data to build model of heterogeneous farmers.

sites.google.com/view/scottso...
Scott Sommers
Scott Sommers
sites.google.com
November 20, 2025 at 4:17 PM
Reposted by Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦
Súper interesting paper and great candidate for this year’s job market!
#econsky #blueskyecon #econjobmarket
How does IMF intervention after sovereign default help debtor country?

UMN @umn-econ.bsky.social JMC Teresa Balestrini evaluates differences post default for countries that restructure within IMF program versus those that directly negotiate with creditors 1990–2014.

www.teresabalestrini.com
TERESA BALESTRINI
Welcome! I am a PhD candidate in Economics at the University of Minnesota and will be on the 2025-2026 job market. My fields of interest are Macroeconomics and International Economics, with a focus ...
www.teresabalestrini.com
November 19, 2025 at 3:34 PM
How does IMF intervention after sovereign default help debtor country?

UMN @umn-econ.bsky.social JMC Teresa Balestrini evaluates differences post default for countries that restructure within IMF program versus those that directly negotiate with creditors 1990–2014.

www.teresabalestrini.com
TERESA BALESTRINI
Welcome! I am a PhD candidate in Economics at the University of Minnesota and will be on the 2025-2026 job market. My fields of interest are Macroeconomics and International Economics, with a focus ...
www.teresabalestrini.com
November 19, 2025 at 3:28 PM
Reposted by Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦
www.kare11.com/article/news... Prof. @tkehoe.bsky.social on @kare11.bsky.social analyzing the Fed's latest Beige Book: "Rough times are ahead." Kehoe warns about tariff uncertainty: "When we have no idea what tariffs will look like in six months, we can't make plans."
Unlike a 'little black book,' the Fed's beige one spills the country's economic secrets
The Federal Reserve releases its Beige Book several times a year to provide a summary of economic activity, labor markets, prices and other factors.
www.kare11.com
October 16, 2025 at 4:30 PM
This is an excellent analysis of the business and leadership crisis in the WNBA right now. Stop reading the other stuff out there and spend 10 minutes or so reading this.
This is a rather lengthy story (really it is two columns) on how the fundamental issue in the WNBA is that NBA doesn’t truly believe the WNBA is just as good as the NBA.

wagesofwins.substack.com/p/the-wnbanb...

Here is a thread on this…
The WNBA/NBA Doesn’t Believe IN Phee
And Are the People of the WNBA/NBA Really Great Business People?
wagesofwins.substack.com
October 7, 2025 at 6:44 PM
Reposted by Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦
In latest Quarterly Review @tkehoe.bsky.social and Xing Xu of @hellerhurwicz.bsky.social examine the diverging fortunes of Mexico and China. Both are world-leading exporters that have opened their economies dramatically -- but with very different paths of economic growth. https://bit.ly/3V2Ac8A
Openness and Growth: A Comparison of the Experiences of China and Mexico | Federal Reserve Bank of Minneapolis
bit.ly
September 26, 2025 at 9:14 PM
Reposted by Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦
Mexico and China are the export leaders among middle-income countries. Both have opened their economies dramatically since the 1990s. In latest QR @tkehoe.bsky.social and Xing Xu of @hellerhurwicz.bsky.social diagnose why China has grown more than 10X while Mexico stagnated. bit.ly/3V2Ac8A #EconSky
Openness and Growth: A Comparison of the Experiences of China and Mexico | Federal Reserve Bank of Minneapolis
bit.ly
September 5, 2025 at 6:54 PM
Reposted by Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦
More of this.
September 3, 2025 at 2:55 PM
Reposted by Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦
One detail an Epstein survivor noted in today's presser: DOJ did not inform Ghislaine Maxwell's victims she was being moved to cozier digs.
September 3, 2025 at 5:46 PM
Reposted by Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦
China and Mexico opened up around 1990. Examining why China grew faster than Mexico and continues to grow faster even though it depends less on trade and foreign investment, from @tkehoe.bsky.social and Xing Xu https://www.nber.org/papers/w34181
September 3, 2025 at 3:00 PM
Reposted by Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦
New study compares economic experiences of China and Mexico after they opened to international trade and foreign investment by Xing Xu, PhD student at UMN Econ ‪
@umn-econ.bsky.social‬ and research analyst at Minneapolis Fed @minneapolisfed.bsky.social and me:
www.minneapolisfed.org/research/sta...
August 23, 2025 at 8:08 PM
New study compares economic experiences of China and Mexico after they opened to international trade and foreign investment by Xing Xu, PhD student at UMN Econ ‪
@umn-econ.bsky.social‬ and research analyst at Minneapolis Fed @minneapolisfed.bsky.social and me:
www.minneapolisfed.org/research/sta...
August 23, 2025 at 8:08 PM
New study comparing economic experiences of China and Mexico after they opened to international trade and foreign investment by Xing Xu, PhD student at UMN Econ ‪@umn-econ.bsky.social‬ and research analyst at Minneapolis Fed @minneapolisfed.bsky.social and me:
www.minneapolisfed.org/research/sta...
August 23, 2025 at 3:23 PM
After President Fernandez told Argentina's statistical agency to make up inflation data in 2007, country had problems selling bonds for years. Trump's firing of BLS Commissioner yesterday will cause problems for U.S.

With Trump's deficits, we need to sell bonds!

www.reuters.com/article/mark...
Argentine inflation data questioned even after reforms
By Hugh Bronstein
www.reuters.com
August 2, 2025 at 10:30 PM
Scotland responds to President Trump's complaints about windmills during his visit there

...by building more windmills!

www.yahoo.com/news/article...
August 2, 2025 at 5:11 PM
President Trump fired BLS Commissioner because he thinks revisions to jobs reports for past three months make him look bad. President Cristina Fernandez fired officials at Argentina's National Statistics Institute (INDEC) in 2007 because she wanted lower inflation data.
www.yahoo.com/news/article...
5 questions Trump faces after dismal jobs report; BLS commissioner firing
President Trump’s economic pitch took a serious hit Friday after the latest federal jobs report revealed stunning weakness in the labor market. He responded by firing the commissioner of the Bureau of...
www.yahoo.com
August 2, 2025 at 4:12 PM
Ariel Burstein presents the third and final plenary lecture, on Economic Efficiency with Heterogeneous Consumers, at the Annual Meeting of the Society for Economic Dynamics at the beautiful Central Campus of the University of Copenhagen.
June 28, 2025 at 4:23 PM
Two photos from Annual Meeting of Society for Economic Dynamics in Copenhagen: (L) me presenting my work with Aloisio Araujo and Juan Pablo Gama; (R) Ayşegül Şahin’s last slide of her plenary address.
June 28, 2025 at 2:14 PM
Per Krusell introducing Ayşegül Şahin to present her research on Labor Market Dynamics in the second plenary session at the Annual Meeting of the Society for Economic Dynamics at the beautiful Central Campus of the University of Copenhagen.
June 28, 2025 at 2:11 PM
Paco Buera presenting his work on Macro-Development, the first plenary session at the Annual Meeting of the Society for Economic Dynamics on the beautiful campus of the University of Copenhagen.
June 28, 2025 at 2:06 PM