Consultant Details

Photo of Patrick J. Kehoe

Patrick J. Kehoe



Download CV (pdf)


Consultant Patrick Kehoe has been affiliated with the Bank since 1986 and served as a monetary advisor from 1997 to 2013. He is also 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’s work has appeared in numerous prestigious journals, including the American Economic Review, Econometrica, the Journal of Political Economy, and the Review of Economic Studies. 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 work focuses on monetary policy, time consistency, and financial crises.

Recent Minneapolis Fed Work

Debt Constraints and Employment
September 2016 - Staff Report

Accounting for Business Cycles
September 2016 - Staff Report
Published In: Handbook of Macroeconomics (Volume 2, Chapter 13, 2016, pp. 1013-1063)

Financial Repression: Evidence and Theory
March 2016 - Economic Policy Papers

A Proposal to Eliminate the Distortions Caused by Bailouts
January 2016 - Economic Policy Papers

Bailouts, Time Inconsistency, and Optimal Regulation
April 2013 - Staff Report
Published In: American Economic Review (Vol. 106, No. 9, September 2016, pp. 2458-2493)

View all for Patrick J. Kehoe...





Federal Reserve Bank of Minneapolis
90 Hennepin Avenue
Minneapolis, MN 55401