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. Professor Kehoe started his teaching career as a lecturer and then assistant professor at Wesleyan University from 1978 to 1980. From 1980 to 1983, he was an assistant professor and then an associate professor at the Massachusetts Institute of Technology. From 1983 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. He was awarded an Honorary Doctorate by the University of Vigo in 2008 and by the Autonomous University of Barcelona in 2016.
Since 2015, Professor Kehoe is the President of the Society for Economic Dynamics.
He is a member of the Board of Trustees and the Scientific Council at the IMDEA Social Sciences Institute.
Kehoe is married to historian Jean O'Brien. His younger brother, Patrick Kehoe, is also a macroeconomic theorist.
- Woodford, Michael (1983), Essays in intertemporal economics. Ph.D. dissertation, Massachusetts Institute of Technology.
- Page of Timothy Kehoe at the University of Minnesota
- Personal page of Timothy Kehoe at the University of Minnesota
- Biographical sketch of Timothy Kehoe at the University of Minnesota
- Timothy J. Kehoe and Edward C. Prescott, editors, Great Depressions of the Twentieth Century, Federal Reserve Bank of Minneapolis, 2007.
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