Article: Economic ambassador; University of Minnesota economist Tim Kehoe is internationally renowned as an analyst and adviser on overseas economies.(BUSINESS)

Byline: Mike Meyers; Staff Writer

On a visit to Buenos Aires in August, Tim Kehoe handed cash to a taxi driver to pay for a ride. The cabbie instantly returned one of the bills, declaring it counterfeit.

Kehoe, a University of Minnesota economist, apologized and explained that someone must have passed off the fake five-peso note as change from an earlier transaction in the Argentinian capital.

In a rare case of a cab driver offering a tip, the driver suggested that Kehoe pass the bogus bill at a crowded newsstand, where no one would be likely to notice.

The tale reflects the core of Kehoe's work: he examines how countries cope with ...

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