NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

News Shocks and Optimal Monetary Policy

Guido Lorenzoni

NBER Working Paper No. 12898
Issued in February 2007

---- Acknowledgements -----

MIT and NBER. Email: glorenzo@mit.edu. I wish to thank for useful comments Marios Angeletos, Ricardo Caballero, Marvin Goodfriend, Veronica Guerrieri, Ivan Werning and seminar participants at the SED Meetings (Budapest), UQAM (Montreal), the Kansas City Fed, and MIT. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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