11-th Hydra Workshop on Dynamic Macroeconomics - Taormina, Sicily, 27 –28 September, 2013
Thursday, 26 September
20:30 Welcome Dinner
Day 1 (Friday, 27 September)
09:45 – 10:45 Mandatory disclosure and contagion of interconnected banks (paper)
Fernando E. Alvarez* (University of Chicago) and Gadi Barlevy
Discussant: Jennifer La’O (Columbia University)
11:00 – 12:00 Job uncertainty and deep recessions (paper)
Morten Ravn* (UCL) and Vincent Stark
Discussant: Christian Helwig (University of Toulouse)
12:00 – 13:00 Sentiments and the business cycle
George-Marios Angeletos* (MIT, UTZ), Fabrice Collard and Harris Dellas
Discussant: Patrick Feve (University of Toulouse)
13:00 – 14:00 Lunch
14:00 – 15:00 Understanding non-inflationary demand driven business cycles (paper)
Paul Beaudry (University of British Columbia) and Franck Portier* (Toulouse University)
Discussant: George-Marios Angeletos (MIT, UTZ)
15:15 – 16:15 Debt Deleveraging and the Exchange Rate
Pierpaolo Benigno (Luiss University)
Discussant: Behzad Diba (Georgetown University)
20:00 Dinner
Day 2 (Saturday, 28 September)
09:45 – 10:45 Taxation, debt, and redistribution (paper)
Anmol Bhandari, David Evans, Mikhail Golosov, Thomas J. Sargent* (NYU)
Discussant: Francesco Lippi (EIEF, University of Sassari)
11:00 – 12:00 Dynamics of Firms and Trade in General Equilibrium (paper)
Robert Dekle, Hyeok Jeong and Nobu Kiyotaki* (Princeton University)
Discussant: John Leahy (NYU)
12:00 – 13:00 Credit Spreads and Credit Policies (paper)
Isabel Correia, Fiorella de Fiore, Pedro Teles and Oreste Tristani*(ECB)
Discussant: Pietro Reichlin (Luiss University)
13:00 – 14:30 Lunch
18:30 Trip to Taormina
20:30 Dinner
* = presenting
Organizer: Harris Dellas (University of Bern)
Host: Bank of Italy
Sponsors: Bank of Finland, Bank of Italy, European Central Bank, Swiss National Bank, University of Bern, University of Toulouse, ERC Starting Grant No. 240819, MACROMOD