Department of Economics

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Harris Dellas


7th Hydra Workshop on Dynamic Macroeconomics - Mykonos, 2-3 October 2009


Program

Program (PDF)


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