2015 Hydra Workshop on Dynamic Macroeconomics - Taormina, Sicily, 2-3 October 2015

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Reviving the limit cycle view of macroeconomic fluctuations (download)
Paul Beaudry (University of British Columbia), Dana Galizia (University of British Columbia), Franck Portier* (Toulouse)

The historical evolution of the wealth distribution: A quantitative-theoretic investigation (download)
Joachim Hubmer (Yale), Per Krusell (IEES)*, Tony Smith (Yale)

Wholesale banking and bank runs in macroeconomic modelling of financial crisis (download paper slides)
Mark Gertler (NYU), Nobu Kiyotaki (Princeton)*, Andrea Prestipino (Fed Board)

Leverage stacks and the financial system
John Moore (Edinburgh University & LSE)

Breaking the spell with credit-easing (download)
Gaetano Gaballe (Banque de France), Ramon Marimon (EUI)*

Self-fulfilling debt crises
Mark Aguiar (Princeton)*, Harold Cole (University of Pennsylvania), Satyajit Chatterjee (FRB Philadelphia), Zachary Stangebye (University of Pennsylvania)

Price plans and the real effects of monetary policy (download)
Fernando Alvarez (Chicago), Francesco Lippi (University of Sassari, EIEF)*

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