2016 Hydra Workshop on Dynamic Macroeconomics

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Program
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Papers
The Demand Channel and Macroeconomic Fluctuations (download)
Morten Ravn (UCL)

Public Debt as Private Liquidity: Optimal Policy (download)
George-Marios Angeletos* (MIT), Fabrice Collard (University of Bern), Harris Dellas (University of Bern)

Monetary and Financial Policies in Emerging Markets (download)
Kosuke Aoki (University of Tokyo), Gianluca Benigno (LSE), Nobuhiro Kiyotaki* (Princeton University)

A Model of the International Monetary System (download)
Emmanuel Farhi* (Harvard University), Matteo Maggiori (Harvard University)

Mortgage-Backed Securities and the Financial Crisis of 2008: a Post Mortem (download)
Juan Ospina (University of Chicago), Harald Uhlig* (University of Chicago)

Does the New Keynesian Model have a Uniqueness Problem? (download)
Larry Christiano* (Northwestern University), Martin Eichenbaum (Northwestern University), Ben Johannsen (Northwestern University)

Step Away from the Zero Lower Bound: Small Open Economies in a World of Secular Stagnation (download)
Giancarlo Corsetti* (Cambridge University), Eleonora Mavroeidi (Bank of England), Gregory Thwaites (Bank of England), Martin Wolf (University of Bonn)