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Patrick Kehoe
Patrick Kehoe
Visiting Professor, Economics
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PatrickKehoe
Academic Area: 
Economics

Research Interests

  • International Macroeconomics

Bio

Patrick is the Frenzel Professor of International Economics at the University of Minnesota. Patrick received his B.A. in Mathematics and Russian from Providence College in 1978 and his Ph.D. in Economics from Harvard University in 1986.

Patrick has published in numerous prestigious publications, including Journal of International Economics, Econometrica, International Economic Review, and Journal of Economic Theory. He currently serves on several editorial boards and is a Fellow of the Econometric Society.

Throughout his career, Patrick has advised numerous Ph.D. students. He has been awarded several grants, including six from the National Science Foundation. His research focuses on international macroeconomics.

Academic Degrees

  • PhD, Economics, Harvard University, 1986
  • Coursework for MA, Statistics, McGill University, 1979
  • BA, Mathematics and Russian, Providence College, 1978

Academic Appointments

  • Visiting Professor of Economics, Stanford Graduate School of Business, 2015-16
  • Frenzel Professor of International Economics, University of Minnesota, 2012-15
  • Walker Professor of Economics and International Finance, Princeton University, 2009-12
  • Frenzel Professor of International Economics, University of Minnesota, 2002-09
  • Ronald S. Lauder Professor of International Economics, University of Pennsylvania, 1995-99
  • Ronald S. Lauder Associate Professor of International Economics, University of Pennsylvania, 1992-95
  • Visiting Associate Professor, University of Chicago, 1991-92
  • Associate Professor, University of Minnesota, 1991-92
  • Assistant Professor, University of Minnesota,1984-91

Professional Experience

  • Consultant, Federal Reserve Bank of Minneapolis, 1989-96
  • Monetary Adviser, Federal Reserve Bank of Minneapolis, 1997-2013
  • Fellow of the Econometric Society

Awards and Honors

  • National Science Foundation Grant, Credit Frictions in Business Cycle Models (co-principal investigator with V. V. Chari), 2007-12
  • National Science Foundation Grant, Asset Market Frictions in International Business Cycle Models, 2002-05
  • National Science Foundation Grant, Quantitative International Business Cycle Models with Frictions, 1997-2000
  • University Research Foundation Grant, University of Pennsylvania, 1996-97
  • National Science Foundation Grant; Industry Evolution, Transition and Trade (coprincipal investigator with Andrew Atkeson), 1995-97
  • University Research Foundation Grant, University of Pennsylvania, 1993-94
  • Kei Mori Fund in Economics, University of Pennsylvania, 1993-94
  • National Science Foundation Grant, General Equilibrium Models with Incomplete Contracting (co-principal investigator with Edward Prescott), 1992-94
  • National Science Foundation Grant, International Productivity and Risk Sharing (co-principal investigator with David Backus), 1987-89
  • National Science Foundation Grant, International Business Cycles: Theory and Evidence (co-principal investigator with David Backus), 1987-89
  • University of Minnesota Graduate School Research Grant, International Evidence on Business Cycles 1987-88
  • Alfred P. Sloan Foundation Grant, 1986-87

Courses Taught

Degree Courses

2015-16

MGTECON 541: Topics in International Macroeconomics and Finance

This course gives students a background to understand fundamental issues in international macroeconomics and finance. Key topics include international asset pricing, hedging exchange rate risk, the relation between interest rates and exchange...

Service to the Profession

Editorial Positions

  • Associate Editor, Journal of Money, Credit, and Banking, 2004-present
  • Research Associate, National Bureau of Economic Research, 1995–present
  • Associate Editor, American Economic Review, 2002-09
  • Co-editor, Quarterly Review of Economics, 2000–12
  • Associate Editor, Journal of International Economics, 2001-06
  • Associate Editor, Macroeconomic Dynamics, 1997-2005
  • Editorial Board, International Economic Review, 1993-2001
  • Associate Editor, International Economic Review, 1992-96

Companies & Organizations

The Difference

Admission