7-th Hydra Workshop on Dynamic Macroeconomics

Information
Program
Reimbursement Form
Local Information
List of Participants

Day 1 (Thursday, October 1st)

20:30
Dinner

Day 2 (Friday, October 2nd)

Chair: Nikos Vettas (AUEB)

09:30-10:30
Some Fiscal Calculus [download]
Harald Uhlig* (University of Chicago)

Discussant:
Oreste Tristani (European Central Bank)

10:30-11:30
New Keynesian Versus Old Keynesian Government Spending Multipliers [download]
Volker Wieland* (Goethe-Universität Frankfurt am Main), John F. Cogan (Stanford University), Tobias Cwik (Goethe-Universität Frankfurt am Main), and John B. Taylor (Stanford University)

Discussant:
Harris Dellas (University of Bern)

11:30-11:45
Coffee break

Chair: Dirk Niepelt (University of Bern)

11:45-12:45
Measuring the Impact of Fiscal Policy in the Face of Anticipation: a Structural VAR Approach [download]
Morten Ravn* (University of Southampton, UCL) and Karel Mertens (Cornell University)

Discussant:
Fabrice Collard (University of Adelaide)

12:45-13:45
Lunch

Chair: Jean-Marc Natal (Swiss National Bank)

13:45-14:45
Noisy Business Cycles [download]
George-Marios Angeletos* (MIT) and Jennifer La’O (MIT)

Discussant:
Liam Graham (University College London)

14:45-15:45
Capital Taxation – Quantitative Explorations of the Inverse Euler Equation [download]
Emmanuel Farhi* (Harvard University) and Ivàn Werning (MIT)

Discussant:
Daniele Terlizzese (EIEF)

20:30
Dinner

Day 3 (Saturday, October 3rd)

13.15-14.15
Lunch

Chair: Apostolis Philippopoulos (AUEB)

14.15-15.15
Do Oil Windfalls Improve Living Standards? Evidence from Brazil [download]
Francesco Caselli* (London School of Economics) and Guy Michaels (London School of Economics)

Discussant:
Benoit Mojon (Banque de France)

15.15-16.15
Monetary Policy and Herd Behavior in New-Tech Investment [download]
Franck Portier* (Toulouse School of Economics), Olivier Loisel (Banque de France), and Aude Pommeret (Lausanne University)

Discussant:
Pedro Teles (BoP, Universidade Católica Portuguesa)

20.45
Dinner

Organizers
Harris Dellas (University of Bern)
Frank Smets (European Central Bank)

Sponsors
European Central Bank
Swiss National Bank
University of Bern

* = presenting