Patrick J Kehoe

1987 …2019
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Research Output 1987 2019

1987
46 Citations (Scopus)

Coordination of fiscal policies in a world economy

Kehoe, P. J., May 1987, In : Journal of Monetary Economics. 19, 3, p. 349-376 28 p.

Research output: Contribution to journalArticle

World economy
Fiscal policy
Country effects
Tariffs
Government policy
1988

Fiscal Policies and International Financial Markets: Comment

Kehoe, P. J., 1988, International Aspects of Fiscal Policy. Frenkel, J. (ed.). University of Chicago Press

Research output: Chapter in Book/Report/Conference proceedingChapter

1989
27 Citations (Scopus)

On the denomination of government debt. A critique of the portfolio balance approach

Backus, D. K. & Kehoe, P. J., May 1989, In : Journal of Monetary Economics. 23, 3, p. 359-376 18 p.

Research output: Contribution to journalArticle

Denomination
Government debt
Sterilized intervention
Complete markets
Policy instruments
115 Citations (Scopus)

Policy cooperation among benevolent governments may be undesirable

Kehoe, P. J., Apr 1989, In : Review of Economic Studies. 56, 2, p. 289-296 8 p.

Research output: Contribution to journalArticle

Time inconsistency
Government
Economics

Time Consistency and Policy

Kehoe, P. J., Chari, V. V. & Prescott, E. C., 1989, Handbook of Modern Business Cycle Theory. Barro, R. J. (ed.). Harvard University Press

Research output: Chapter in Book/Report/Conference proceedingChapter

1990

International Coordination of Fiscal Policy in Limiting Public Good Economies

Chari, V. V. & Kehoe, P., Jun 1990, In : Journal of Political Economy. 98, p. 617-636

Research output: Contribution to journalArticle

Sustainable Plans

Kehoe, P. J. & Chari, V. V., Aug 1990, In : Journal of Political Economy.

Research output: Contribution to journalArticle

1991

Optimal Fiscal and Monetary Policy: Some Recent Results

Chari, V. V., Christiano, L. & Kehoe, P., Aug 1991, In : Journal of Money, Credit, and Banking. 23, p. 519-539

Research output: Contribution to journalArticle

Policy Cooperation Among Benevolent Governments May Be Undesirable: An Extension

Kehoe, P. J., 1991, International Economic Policy Coordination. Carraro, C. (ed.). Blackwell Press

Research output: Chapter in Book/Report/Conference proceedingChapter

1992
130 Citations (Scopus)

In search of scale effects in trade and growth

Backus, D. K., Kehoe, P. J. & Kehoe, T. J., Dec 1992, In : Journal of Economic Theory. 58, 2, p. 377-409 33 p.

Research output: Contribution to journalArticle

Trade and growth
Scale effect
Learning-by-doing
Empirical evidence
Manufacturing sector

International Evidence on the Historical Properties of Business Cycles

Kehoe, P. J. & Backus, D. K., Sep 1992, In : American Economic Review.

Research output: Contribution to journalArticle

International Real Business Cycles

Kehoe, P. J., Kydland, F. E. & Backus, D. K., Aug 1992, In : Journal of Political Economy.

Research output: Contribution to journalArticle

Optimal Fiscal and Monetary Policy: Some Recent Results

Kehoe, P. J., 1992, Political Economy, Growth, and Business Cycles. Cukierman, A., Hercowitz, Z. & Leiderman, L. (eds.). Cambridge, Mass: MIT Press

Research output: Chapter in Book/Report/Conference proceedingChapter

1993

International Business Cycles: Theory vs. Evidence

Kehoe, P. J., Backus, D. K. & Kydland, F. E., 1993, In : Federal Reserve Bank of Minneapolis Quarterly Review.

Research output: Contribution to journalArticle

35 Citations (Scopus)

Sustainable plans and debt

Chari, V. V. & Kehoe, P. J., Dec 1993, In : Journal of Economic Theory. 61, 2, p. 230-261 32 p.

Research output: Contribution to journalArticle

Government
Debt
Trigger
Economics
Deviation
47 Citations (Scopus)

Sustainable plans and mutual default

Chari, V. V. & Kehoe, P. J., 1993, In : Review of Economic Studies. 60, 1, p. 175-195 21 p.

Research output: Contribution to journalArticle

Government
Government consumption
Ramsey equilibrium
Debt
Discount factor
415 Citations (Scopus)

Dynamics of the trade balance and the terms of trade: the J-curve?

Backus, D. K., Kehoe, P. J. & Kydland, F. E., Jan 1 1994, In : American Economic Review. 84, 1, p. 84-103 20 p.

Research output: Contribution to journalArticle

Terms of trade
Trade balance
J-curve
Fluctuations
Capital formation

Optimal Fiscal Policy in a Business Cycle Model

Chari, V. V., Christiano, L. & Kehoe, P., Aug 1994, In : Journal of Political Economy. 102, p. 617-652

Research output: Contribution to journalArticle

Relative Price Movements in Dynamic General Equilibrium Models of International Trade

Kehoe, P. J., Backus, D. K. & Kydland, F. E., 1994, Handbook of International Macroeconomics. van der Ploeg, F. (ed.). Blackwell

Research output: Chapter in Book/Report/Conference proceedingChapter

Sustainable Plans: Credibility

Kehoe, P. J., 1994, Monetary and Fiscal Policy: Credibility. Persson, T. & Tabellini, G. (eds.). MIT Press, Vol. 1.

Research output: Chapter in Book/Report/Conference proceedingChapter

Transition in Eastern Europe: A Comment on Blanchard

Kehoe, P. J., 1994, Macroeconomic Manual.

Research output: Chapter in Book/Report/Conference proceedingChapter

1995

A Primer on Static Applied General Equilibrium Models

Kehoe, P. J., 1995, Modeling North American Economic Integration. Kehoe, P. J. & Kehoe, T. J. (eds.). Kluwer Academic Publishers

Research output: Chapter in Book/Report/Conference proceedingChapter

Capturing NAFTA’s Impact with Applied General Equilibrium Models

Kehoe, P. J., 1995, Modeling North American Economic Integration. Kehoe, P. J. & Kehoe, T. J. (eds.). Kluwer Academic Publishers

Research output: Chapter in Book/Report/Conference proceedingChapter

International Business Cycles: Theory vs. Evidence

Kehoe, P. J., Backus, D. K. & Kydland, F. E., 1995, Frontiers of Business Cycle Research. Cooley, T. F. (ed.). Princeton University Press

Research output: Chapter in Book/Report/Conference proceedingChapter

Policy Analysis in Business Cycle Models

Chari, V. V., Christiano, L. & Kehoe, P., 1995, Frontiers of Business Cycle Research. Cooley, T. (ed.). Princeton, NJ: Princeton University Press

Research output: Chapter in Book/Report/Conference proceedingChapter

28 Citations (Scopus)

The Role of Institutions in Reputation Models of Sovereign Debt

Kehoe, P. J. & Cole, H. L., Feb 1995, In : Journal of Monetary Economics.

Research output: Contribution to journalArticle

1996
74 Citations (Scopus)

Optimality of the Friedman rule in economies with distorting taxes

Chari, V. V., Christiano, L. J. & Kehoe, P. J., Apr 1996, In : Journal of Monetary Economics. 37, 2, p. 203-223 21 p.

Research output: Contribution to journalArticle

Tax
Optimality
Friedman rule
Intermediate goods
Money demand
24 Citations (Scopus)

Social insurance and transition

Atkeson, A. & Kehoe, P. J., May 1996, In : International Economic Review. 37, 2, p. 377-401 25 p.

Research output: Contribution to journalArticle

Social insurance
General equilibrium
Intuition
Interest rates
Workers
1997

Reviving Reputation Models of International Debt

Kehoe, P. J. & Cole, H. L., 1997, In : Federal Reserve Bank of Minneapolis Quarterly Review.

Research output: Contribution to journalArticle

1998

Asking the Right Questions About the IMF

Kehoe, P. J. & Chari, V. V., 1998, In : Federal Reserve Bank of Minneapolis Annual Report.

Research output: Contribution to journalArticle

66 Citations (Scopus)

Models of sovereign debt: Partial versus general reputations

Cole, H. L. & Kehoe, P. J., Feb 1998, In : International Economic Review. 39, 1, p. 55-70 16 p.

Research output: Contribution to journalArticle

Sovereign debt
Government
Debt
Rate of return
Economists
1999
145 Citations (Scopus)

Chapter 26 Optimal fiscal and monetary policy

Chari, V. V. & Kehoe, P. J., Dec 1 1999, In : Handbook of Macroeconomics. 1, PART C, p. 1671-1745 75 p.

Research output: Contribution to journalReview article

Optimal fiscal and monetary policy
Optimal taxation
Capital income tax
Shopping
Cash
111 Citations (Scopus)

Models of energy use: Putty-Putty versus Putty-Clay

Atkeson, A. & Kehoe, P. J., Sep 1999, In : American Economic Review. 89, 4, p. 1028-1043 16 p.

Research output: Contribution to journalArticle

Energy use
145 Citations (Scopus)

Optimal Fiscal and Monetary Policy

Kehoe, P. J. & Chari, V. V., 1999, Handbook of Macroeconomics. Taylor, J. B., Woodford, M. & Science, E. (eds.). North-Holland, Netherlands

Research output: Chapter in Book/Report/Conference proceedingChapter

Sustainable Plans

Chari, V. V. & Kehoe, P., 1999, In : Journal of Political Economy. 98, p. 783-802

Research output: Contribution to journalArticle

Sustainable Plans

Chari, V. V. & Kehoe, P., 1999, Monetary and Fiscal Policy. Persson, T. & Tabellini, G. (eds.). Massachusetts: MIT Press Cambridge

Research output: Chapter in Book/Report/Conference proceedingChapter

Taxing Capital Income: A Bad Idea

Atkeson, A., Chari, V. V. & Kehoe, P., 1999, In : Federal Reserve Bank of Minneapolis Quarterly Review. 23, 3, p. 3-17

Research output: Contribution to journalArticle

2000
269 Citations (Scopus)
Business cycles
Multiplier
Sticky prices
Persistence
Business cycle fluctuations
2002
35 Citations (Scopus)

Accounting for the Great Depression

Chari, V. V., Kehoe, P. J. & McGrattan, E. R., May 1 2002, In : American Economic Review. 92, 2, p. 22-27 6 p.

Research output: Contribution to journalArticle

Great Depression
94 Citations (Scopus)

A decade lost and found: Mexico and Chile in the 1980s

Bergoeing, R., Kehoe, P. J., Kehoe, T. J. & Soto, R., Jan 1 2002, In : Review of Economic Dynamics. 5, 1, p. 166-205 40 p.

Research output: Contribution to journalArticle

Mexico
Chile
Federal Reserve
Economic theory
Economics
393 Citations (Scopus)

Can sticky price models generate volatile and persistent real exchange rates?

Chari, V. V., Kehoe, P. J. & McGrattan, E. R., Jul 2002, In : Review of Economic Studies. 69, 3, p. 533-563 31 p.

Research output: Contribution to journalArticle

Real exchange rate
Sticky prices
Anomaly
Risk aversion
International business cycles
164 Citations (Scopus)

International business cycles with endogenous incomplete markets

Kehoe, P. J. & Perri, F., Jan 1 2002, In : Econometrica. 70, 3, p. 907-928 22 p.

Research output: Contribution to journalArticle

Friction
International business cycles
Incomplete markets
Anomaly
Loans
83 Citations (Scopus)

Money, interest rates, and exchange rates with endogenously segmented markets

Alvarez, F., Atkenson, A. & Kehoe, P. J., Jan 1 2002, In : Journal of Political Economy. 110, 1, p. 73-112 40 p.

Research output: Contribution to journalArticle

Segmented markets
Interest rates
Exchange rates
Injection
Fixed costs
16 Citations (Scopus)

Policy-driven Productivity in Chile and Mexico in the 1980's and 1990's

Bergoeing, R., Kehoe, P. J., Kehoe, T. J. & Soto, R., May 1 2002, In : American Economic Review. 92, 2, p. 16-21 6 p.

Research output: Contribution to journalReview article

Chile
Productivity
Mexico
2003
56 Citations (Scopus)

Hot money

Chari, V. V. & Kehoe, P. J., Dec 1 2003, In : Journal of Political Economy. 111, 6, p. 1262-1292 31 p.

Research output: Contribution to journalArticle

Capital flows
Financial crisis
Government
Debt
Macroeconomic fundamentals
2004
25 Citations (Scopus)

Competitive equilibria with limited enforcement

Kehoe, P. J. & Perri, F., Nov 2004, In : Journal of Economic Theory. 119, 1 SPEC. ISS., p. 184-206 23 p.

Research output: Contribution to journalArticle

Limited enforcement
Competitive equilibrium
Government
Foreign debt
Capital income tax