Department of Economics

unilogo

Harris Dellas


9th Hydra Workshop on Dynamic Macroeconomics - Alghero, Sardegna, Italy, September 30 - October 1, 2011


Program

Program (PDF) updated: September 27-th


Day 1 (Thursday, September 29)


20:00: Reception - Light dinner



Day 2 (Friday, September 30)


Chair: TBA


09:30-10:30
The Dynamics of Sovereign Debt Crises and Bailouts [download]
Harald Uhlig (University of Chicago, CentER, NBER and CEPR)


Discussant: Antti Ripatti (University of Helsinki)



10:30-10:40 Coffee break



10:40-11:40
Bailouts, Time Inconsistency and Optimal Regulation
[download]
Patrick Kehoe (Princeton University)

Discussant: Oreste Tristani (ECB)



11:40-12:40
Competitive Equilibrium in Asset Markets with Adverse Selection [download]
Robert Shimer (University of Chicago)

Discussant: Nicolas Trachter (EIEF)


12:45-13:45 Lunch


Chair: TBA

13:45-14:45
Idea Flows, Economic Growth, and Trade [download]
Fernando Alvarez (University of Chicago)

Discussant: John Leahy (NYU)


14:45-15:45
The Optimum Quantity of Money with Borrowing Constraints [download]
Francesco Lippi (EIEF)

Discussant: Pedro Teles (Bank of Portugal)


17:30 Tour of Alghero

20:00 Dinner at the restaurant "Il Pavone", Alghero



Day 3 (Saturday, October 1)

Chair: TBA

09.30-10.30
Fiscal Multipliers in Recessions [download]
Behzad Diba (Georgetown University)

Discussant: Harald Uhlig (University of Chicago)


10.30-11.30
The Real Exchange Rate, Real Interest Rates, and the Risk Premium [download]
Charles Engel (University of Wisconsin)

Discussant: TBA


11:30-11:40 Coffee break


11.40-12.50
Decentralization, Communication, and the Origins of Fluctuations [download]
George-Marios Angeletos (MIT)

Discussant: Dirk Krueger (University of Pennsylvania)

 
12:50-13:50 Lunch


Chair: TBA

13.50-14.50
Hayek vs. Keynes: Dispersed Information and Market Prices in a Price-Setting Model [download]
Christian Hellwig (Toulouse University)

Discussant: Luigi Paciello (EIEF)


17:00 Boat excursion and visit to Neptune's Caves

20:00 Dinner at the restaurant "La Nuvola", Porto Conte




Organizer

Harris Dellas (University of Bern)


Hosts
DEIR (University of Sassari)
CRENOS(University of Sassari/University of Cagliari)

Sponsors
CRENOS
DEIR
EIEF
European Central Bank
Swiss National Bank
University of Bern