Timothy Kehoe

Last updated
Timothy J. Kehoe
TIMOTHY J. KEHOE.png
Born (1953-06-13) June 13, 1953 (age 70)
NationalityAmerican
Academic career
Institution University of Minnesota
MIT
Wesleyan University
Alma mater Yale University
Providence College
Doctoral
advisor
Herbert Scarf
Andreu Mas-Colell
Doctoral
students
Michael Woodford [1]
Raphael Bergoeing  [ es ]
Contributions "Citations".
Information at IDEAS / RePEc

Timothy Jerome Kehoe (born June 13, 1953) is an American economist and professor at the University of Minnesota. His area of specialty is macroeconomics and international economics. [2]

Contents

He obtained his undergraduate degree from Providence College in 1975 and his Ph.D. in economics from Yale University in 1979. His Ph.D. supervisor was Herbert Scarf.

Since 2015, Professor Kehoe is the President of the Society for Economic Dynamics.

He was awarded the Guggenheim Fellowship in 2015. [3]

He is a member of the board of trustees and the scientific council at the IMDEA Social Sciences Institute.

Life and family

Kehoe is married to historian Jean O'Brien, the McKnight University Professor of History at the University of Minnesota. [4] His younger brother, Patrick Kehoe, is also a macroeconomic theorist. [5]

Education

Kehoe received his B.A. in Mathematics/Economics from Providence College in 1975. He then proceeded to obtain M.A. in economics from Yale University in 1977 and Ph.D. in economics from Yale University in 1979. His thesis committee was composed of Herbert E. Scarf as the supervisor, Andreu Mas-Colell as the co-supervisor, and Donald J. Brown as the reader. [6]

Positions

Teaching positions

Professor Kehoe started his teaching career as a lecturer and then assistant professor at Wesleyan University from 1978 to 1980. From 1980 to 1984, he was an assistant professor and then associate professor at the Massachusetts Institute of Technology. From 1984 to 1987 he was a university lecturer at the University of Cambridge and a fellow of Clare College. Since 1987 he has been a professor at the University of Minnesota.

Other positions

Kehoe was a consultant to the Banco de México from 1980 to 1982 and a consultant to the World Bank from 1982 to 1983. Then, he took roles as members of Economics Societies. He was also a research visitor at Federal Reserve Bank of Minneapolis from 1987 to 2000, a research associate at the National Bureau of Economic Research of Economic Fluctuations and Growth Program from 2006 to present, and a research associate at Center for the Advanced Study in Economic Efficiency (CASEE) in Arizona State University from 2010 to present. [7]

Research

Kehoe's research focuses mainly on Monetary and Fiscal History of Latin America Project, the Great Depressions Project, trade theory, and capital flows and real exchange rates. Other research topics vary from gambling and debt crises, policy reform, macroeconomic effects of medicare, opportunity costs of entrepreneurs in international trade, and quantitative trade models, etc. Geographically, his research has spanned over various countries in different continents, such as the United States, Mexico, Chile, Argentina, Spain, and China, etc. [8]

Publications

Kehoe's publications vary from books and edited volumes to journal articles, book reviews, and Spanish and Catalan publications. [9]

Awards

Kehoe has received fellowship, honors, and grants since 1971.Teaching awards are granted such as Presidential Scholarship in Providence College (1971-1975), University Fellowship in Yale University (1975–1979), Distinguished McKnight University Professor in University of Minnesota (1996–present). Research honors are granted such as Faculty Interactive Research Program Grant from the Center for Urban and Regional Affairs in University of Minnesota (1992–1993) and U.S. Air Force Office of Scientific Research Grant (1995–1997). Fellowships include Fellow in Econometric Society (1991–present), Economic Theory Fellow in Society for Advancement of Economic Theory (2011–present), and so on. [10]

He was awarded an honorary doctorate by the University of Vigo in 2008 and by the Autonomous University of Barcelona in 2016.

Related Research Articles

<span class="mw-page-title-main">Edward C. Prescott</span> American economist (1940–2022)

Edward Christian Prescott was an American economist. He received the Nobel Memorial Prize in Economics in 2004, sharing the award with Finn E. Kydland, "for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles". This research was primarily conducted while both Kydland and Prescott were affiliated with the Graduate School of Industrial Administration at Carnegie Mellon University. According to the IDEAS/RePEc rankings, he was the 19th most widely cited economist in the world in 2013. In August 2014, Prescott was appointed an Adjunct Distinguished Economic Professor at the Australian National University (ANU) in Canberra, Australia. Prescott died of cancer on November 6, 2022, at the age of 81.

Fernando Enrique Alvarez is an Argentine macroeconomist. He is professor of economics at the University of Chicago. He received his B.A. in Economics at Universidad Nacional de La Plata in 1989 and his Ph.D. from the University of Minnesota in 1994. He was elected a Fellow of the Econometric Society in 2008. He was named a Fellow of the American Academy of Arts and Sciences in 2018.

Eliot Roy Weintraub is an American mathematician, economist, and, since 1976, professor of economics at Duke University. He was born in 1943 in New York City.

In mathematical economics, applied general equilibrium (AGE) models were pioneered by Herbert Scarf at Yale University in 1967, in two papers, and a follow-up book with Terje Hansen in 1973, with the aim of empirically estimating the Arrow–Debreu model of general equilibrium theory with empirical data, to provide "“a general method for the explicit numerical solution of the neoclassical model” (Scarf with Hansen 1973: 1)

Martin Shubik (1926-2018) was an American mathematical economist who specialized in game theory, defense analysis, and the theory of money and financial institutions. The latter was his main research interest and he coined the term "mathematical institutional economics" in 1959 to describe it and referred to it as his "white whale". He spent the majority of his career at Yale University, where he was heavily involved with the Cowles Foundation for Research in Economics, and launched the virtual Museum of Money and Financial Institutions.

<span class="mw-page-title-main">Maurice Obstfeld</span> American economist

Maurice Moses "Maury" Obstfeld is a professor of economics at the University of California, Berkeley and previously Chief Economist at the International Monetary Fund. He is also a nonresident senior fellow at the Peterson Institute for International Economics.

Michael Dean Woodford is an American macroeconomist and monetary theorist who currently teaches at Columbia University.

Barcelona School of Economics

The Barcelona School of Economics (BSE) is an institution for research and graduate education in economics, finance, data science, and the social sciences located in Barcelona, Spain.

<span class="mw-page-title-main">Albert Marcet</span> Spanish economist

Albert Marcet Torrens is a Spanish economist, specialized in macroeconomics, time series, financial economics and economic dynamic theory. He is currently serving as Professor of Macroeconomics at the UCL Department of Economics, on leave from his position as ICREA Research Professor and Director of the Institute for Economic Analysis (IAE), a research centre of the Spanish National Research Council (CSIC), and AXA Research Chair on Macroeconomic Risk at the Barcelona Graduate School of Economics. He is also a Fellow of the Econometric Society and he has been a Research Fellow of Centre for Economic Policy Research (CEPR) since 1992.

Kumaraswamy (Vela) Velupillai is an academic economist and a Senior Visiting Professor at the Madras School of Economics and was, formerly, (Distinguished) Professor of Economics at the New School for Social Research in New York City and Professore di Chiara Fama in the Department of Economics at the University of Trento, Italy.

Geoffrey (Geoff) Meeks is a British accounting scholar and Professor of Financial Accounting at the University of Cambridge, known for his work "Accounting standards and the economics of standards."

Duncan K. Foley is an American economist. He is the Leo Model Professor of Economics at the New School for Social Research and an External Professor at the Santa Fe Institute. Previously, he was Associate Professor of Economics at MIT and Stanford, and Professor of Economics at Columbia University. He has held visiting professorships at Woodrow Wilson School at Princeton University, UC Berkeley, and Dartmouth College, as well as the New School for Social Research.

Peter Jackson Hammond, is a Professor of Economics and a Research Associate for CAGE at the University of Warwick. In the past he has also worked as the Marie Curie Professor of Economic Theory at the University of Warwick and an Emeritus Professor of Economics at Stanford University. He has made numerous significant contributions to the advancement of Economic Theory.

John Rees Harris, Professor of Economics at Boston University, was an American economist known for his work in the field of development economics. Harris earned a PhD in economics from Northwestern University in 1967. Harris was an African Development economist. His work on labor markets and wages, embodied in the Harris-Todaro Model is a foundation of contemporary Development Economics, and was constructed based on observations of Nigerian and Kenyan labor markets. Harris directly worked for numerous governmental and non-governmental agencies including USAID, World Bank, International Labor Organization, the WHO, the Canadian International Development Research Center the Ford Foundation, the Rockefeller Foundation, the UN Economic Commission for Africa and the UN Development Programme. Harris was a member of the Advisory Group of the Macroeconomic Research Network for Eastern and Southern Africa, the precursor to the African Economic Research Consortium (AERC).

Andrew Bruce Abel is an American economist, a professor in the Department of Finance in The Wharton School of the University of Pennsylvania.

Michèle Tertilt is a German professor of economics at the University of Mannheim. Before, Tertilt was an assistant professor at Stanford University. She also spent a year at the University of Pennsylvania and one year as a research fellow at the Hoover Institution. She is currently a director of the Review of Economic Studies and associate editor of the Journal of Development Economics. In 2017 she received the Yrjö Jahnsson Award – a biennial award by the European Economic Association and the Yrjö Jahnsson Foundation to a European economist no older than 45 years, who has made a contribution in theoretical and applied research that is significant to economics in Europe. In September 2013 she was awarded the Gossen Prize – an annual award by the Verein für Socialpolitik which recognizes the best published economist under 45 working in the German-speaking area. Tertilt is the first woman to win this prestigious German prize in economics. In 2019, she was awarded the Gottfried Wilhelm Leibniz Prize by the Deutsche Forschungsgemeinschaft. Her main focus is around development and intra-family interactions. She has also worked on consumer credit and bankruptcies.

Wendy Joan Carlin, is a professor of economics at University College London, expert advisor to the Office for Budget Responsibility, and research fellow at the Centre for Economic Policy Research. Her research focuses on macroeconomics, institutions and economic performance, and the economics of transition.

Christopher John Emile Bliss, FBA is a British economist who was the Nuffield Professor of International Economics at the University of Oxford between 1992 and 2007.

Samuel S. Kortum is an American economist and currently James Burrows Moffatt Professor of Economics at Yale University. His research focuses on international trade and industrial organisation.

Dirk Krüger is a German economist and currently Walter H. and Leonore C. Annenberg Professor in the Social Sciences and Professor of Economics at the University of Pennsylvania. He holds a secondary appointment at the Wharton School. His research focuses on macroeconomic risk, public finance and labor economics.

References

  1. Woodford, Michael (1983). Essays in intertemporal economics (Ph.D.). MIT . Retrieved 5 February 2017.
  2. "Timothy J. Kehoe". www.econ.umn.edu. Retrieved 23 October 2018.
  3. "2015 Fellows - United States and Canada" (PDF). NYTimes . John Simon Guggenheim Memorial Foundation. 2015. Retrieved October 24, 2018.
  4. "Jean O'Brien". College of Liberal Arts. Retrieved 2022-10-06.
  5. "CURRICULUM VITAE: TIMOTHY J. KEHOE." Retrieved 2021-11-15.
  6. "CURRICULUM VITAE: TIMOTHY J. KEHOE." Retrieved 2021-11-15.
  7. "CURRICULUM VITAE: TIMOTHY J. KEHOE." Retrieved 2021-11-15.
  8. "Timothy J. Kehoe." Retrieved 2021-11-15.
  9. "CURRICULUM VITAE: TIMOTHY J. KEHOE." Retrieved 2021-11-15.
  10. "CURRICULUM VITAE: TIMOTHY J. KEHOE." Retrieved 2021-11-15.