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George-Marios Angeletos

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Sentiments (with Jennifer La'O)
Self-fulfilling waves of optimism and pessimism, and forces akin to animal spirits, are reconciled with the class of unique-equilibrium, rational-expectations economies that rest at the core of the neoclassical paradigm.  [slides] 

Optimal Monetary Policy with Informational Frictions (with Jennifer La'O)
Informational frictions donot interfere with the optimality of flexible-price allocations. Nevertheless, "divine coincidence" breaks down and price stabilization is not optimal. The optimal policy leans against the wind.  [slides]