Department of Economics

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Harris Dellas


6th Hydra Workshop on Dynamic Macroeconomics - Santorini, 3-4 October 2008


Program

Program (PDF)


Day 1 (Thursday, October 2nd)


21:00

Dinner



Day 2 (Friday, October 3rd)


Chair: Harris Dellas (University of Bern)


09:30-10:30

The Vanishing Procyclicality of Labor Productivity and the Great Moderation [download]

Jordi Galí* (CREI, Universitat Pompeu Fabra) and Thijs van Rens (CREI, Universitat Pompeu Fabra)


Discussant:

Evi Pappa (Univeritat Autònoma Barcelona)


10:30-11:30

Welfare Policy and the Sectoral Distribution of Employment

Christopher Pissarides* (London School of Economics) and L. Rachel Ngai (London School of Economics)


Discussant:

Wouter den Haan (University of Amsterdam)



11:30-11:45

Coffee break



11:45-12:45

Spillover from Good Jobs [download]

Paul Beaudry* (University of British Columbia)


Discussant:

Costas Meghir (University College London)



12:45-13:45

Lunch



Chair: Marcel Savioz (SNB)


13:45-14:45

The World Distribution of Productivity: Country TFP Choice in a Nelson-Phelps Economy [download]

Per Krusell* (Princeton University) and Erika Färnstrand (IIES Stockholm)


Discussant:

Fabrice Collard (University of Toulouse)


14:45-15:45

How Far Are We from the Slippery Slope? The Laffer Curve Revisited [download]

Harald Uhlig* (University of Chicago) and Mathias Trabandt (Sveriges Riksbank)


Discussant:

Pedro Teles (BoP, Universidade Católica Portuguesa)

16:15

Excurstion



21:00

Dinner



Day 3 (Saturday, October 4th)



Chair: Apostolis Philippopoulos (AUEB)


09:30-10:30

Dispersed Information of the Business Cycle: Optimal Fiscal and Monetary Policy [download]

George-Marios Angeletos* (MIT) and Jennifer La'O (MIT)


Discussant:

Philippe Bacchetta (University of Lausanne)


10:30-11:30

Decentralized Trading with Private Information [download]

Mikhail Golosov* (MIT), Guido Lorenzoni (MIT), and Aleh Tsyvinski (Yale University)


Discussant:

Nikos Vettas (AUEB)



11:30-11:50

Coffee break



Chair: Benoit Mojon (Banque de France)


11:50-12:50

The Behavior of Small and Large Firms over the Cycle [download]

Patrick Kehoe* (Federal Reserve Bank of Minneapolis), V.V. Chari (Federal Reserve Bank of Minneapolis), and Lawrence Christiano (Northwestern University)


Discussant:

Orest Tristani (European Central Bank)


12:50-13:50

A Multiplier Approach to Understanding the Macro Implications of Household Finance [download]

Harold Cole* (University of Pennsylvania), YiLi Chien (Purdue University), and Hanno Lustig (UCLA)


Discussant:

Igor Makarov (London Business School)



14:00-15:00

Lunch



16:00-19:30

Excursion



20:30

Dinner




Organizers

Harris Dellas (University of Bern)

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

Frank Smets (European Central Bank)


* = presenting