Department of Economics

unilogo

Harris Dellas


5th Hydra Workshop on Dynamic Macroeconomics - Santorini, 28-29 September 2007


Program

Program (PDF)



Thursday, June 15th


21:00

Dinner



Day 1 (Friday, June 16th)


09:00-09:10

Welcome: Plutarchos Sakellaris (AUEB)

Chair: Plutarchos Sakellaris (AUEB)

09:15-10:30

Gold Rush Fever in Business Cycles

Franck Portier* (Université de Toulouse, AMeN), Paul Beaudry (University of British Columbia) and Fabrice Collard (Université de Toulouse)


Discussant:

Evi Pappa (Università Autònoma Barcelona) and Oreste Tristani (ECB)


10:30-10:45

Coffee break



Chair: Jean-Marc Natal (SNB)

10:45-12:00

A Theory of Growth and Cycles

Michele Boldrin* (University of Minnesota) and Jesús Fernández-Villaverde (University of Pennsylvania)


Discussant:

Bart Hobijn (Federal Reserve Bank of New York) and Pietro Reichlin (LUISS, Roma)


12:00-13:15

Can News about the Future Drive the Business Cycle

Sergio Rebelo* (Northwestern University) and Nir Jaimovich (UCSD)


Discussant:

Fabrice Collard (Université de Toulouse) and Wouter Denhaan (London Business School)


13:15-14:30

Light lunch



Chair: Frank Smets (European Central Bank)

17:00-18:15

Does Neoclassical Theory Account for the Effects of Big Fiscal Shocks? Evidence from World War II

Lee Ohanian* (UCLA) and Ellen McGrattan (Federal Reserve Bank of Minneapolis)


Discussant:

Dirk Niepelt (Study Center Gerzensee, IIES Stockholm) and Roberto Perotti (IGIER-Università Bocconi)


18:15-18:30

Coffee break



18:30-19:45

Volatility and Dispersion in Business Growth Rates: Publicly Traded versus Privately Held Firms

Steve Davis* (University of Chicago), John Haltiwanger (University of Maryland), Ron Jarmin (U.S. Census Bureau) and Javier Miranda (Universidad de Gran Canaria)


Discussant:

Wouter Denhaan (London Business School) and Martin Ellison (Warwick University)


21:00

Dinner



Day 2 (Saturday, June 17th)



Chair: Harris Dellas (University of Bern)

9:00-10:15

Back to Square One: Identification Issues in DSGE Models

Fabio Canova* (Universitat Pompeu Fabra, AMeN) and Luca Sala (Università Bocconi)


Discussant:

Andreas Beyer (European Central Bank) and Patrick Fève (Université de Toulouse)


10:15-10:30

Coffee break



Chair: Frank Smets (European Central Bank)

10:30-11:45

Taxes, Wedges and Labour Supply: Evidence from OECD Countries, 1956-2004

Richard Rogerson* (Arizona State University), Lee Ohanian (UCLA) and Andrea Raffo (Federal Reserve Bank of Kansas City)


Discussant:

Mark Doms (Federal Reserve Bank of San Francisco) and Christian Haefke (Universitat Pompeu Fabra)


11:45-13:15

Stock Market Volatility and Learning

Klaus Adam* (European Central Bank), Albert Marcet (Universitat Pompeu Fabra) and Juan Pablo Nicolini (Universidad Torcuato die TElla)


Discussant:

Bartosz Mackowiak (Humboldt University)


13:15-14:15

Light lunch



21:00

Dinner





Organizers

Harris Dellas (University of Bern)

Plutarchos Sakellaris (AUEB, IMOP & Ministry of Economy and Finance)

Frank Smets (European Central Bank)


* = presenting