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
Much recent Chinese growth is due to government investment in infrastructure and in R&D. We conclude
"It is possible that China has overinvested in these areas. Such overinvestment could have resulted in a higher growth rate, but also in a lower level of private consumption and household welfare."
"It is possible that China has overinvested in these areas. Such overinvestment could have resulted in a higher growth rate, but also in a lower level of private consumption and household welfare."
August 23, 2025 at 8:22 PM
Much recent Chinese growth is due to government investment in infrastructure and in R&D. We conclude
"It is possible that China has overinvested in these areas. Such overinvestment could have resulted in a higher growth rate, but also in a lower level of private consumption and household welfare."
"It is possible that China has overinvested in these areas. Such overinvestment could have resulted in a higher growth rate, but also in a lower level of private consumption and household welfare."
Students in every university macroeconomics course in the world learn about falsification of Argentinean data by President Fernandez. President Trump has probably guaranteed himself long-term fame by his actions yesterday.
August 2, 2025 at 4:12 PM
Students in every university macroeconomics course in the world learn about falsification of Argentinean data by President Fernandez. President Trump has probably guaranteed himself long-term fame by his actions yesterday.
At least President Fernandez wanted false inflation data to save on government payments to holders of inflation indexed bonds. President Trump is only worried about looking bad.
August 2, 2025 at 4:12 PM
At least President Fernandez wanted false inflation data to save on government payments to holders of inflation indexed bonds. President Trump is only worried about looking bad.