NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

News, Noise, and Fluctuations: An Empirical Exploration

Olivier J. Blanchard, Jean-Paul L'Huillier, Guido Lorenzoni

NBER Working Paper No. 15015
Issued in May 2009

---- Acknowledgements -----

We thank Daron Acemoglu, Marios Angeletos, Ricardo Caballero, Larry Christiano, Martin Eichenbaum, Matteo Iacoviello, Anna Mikusheva, Roberto Rigobon, Paul Schrimpf, Chris Sims, Mark Watson, Iván Werning and seminar participants at MIT, the NBER Summer Institute, the FED Board, University of Southern California, University of Maryland, EIEF, the AEA Meetings (San Francisco), Indiana University, the Richmond FED, and Brandeis University for very useful suggestions. 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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