Tufano and Charles Wilson for their very helpful comments. Any errors in the paper are only ours. Enriqu
helpful comments preceding and during the drafting of this paper. Despite their efforts there are, n...
∗I thank Boyan Jovanovic for many helpful comments. I also thank Silvana Melitsko for superb researc...
in finalising the first draft of this Paper. We also thank all those who provided very useful feedba...
This paper is a work in progress. Please do not quote without author’s permission
∗ We are grateful to William Thomson for comments on an earlier draft of the paper. 1
We gratefully acknowledge Daniel Hill and David Weir for helpful comments on an earlier draft.
∗We thank Steve Redding for helpful comments and suggestions. Ottaviano thanks MIUR and the European...
I am indebted to Richard Tol of the University of Hamburg and Rob Mendelsohn of Yale University for ...
discussions of the issues treated in this paper, and to two reviewers for extremely useful comments ...
∗ An earlier draft of this paper was circulated under the title “Does Risk or Mispricing Explain th
Version 2.0 *I would like to thank John Davis, Pedro Duarte, Ivan Moscati, and two anonymous referee...
their very helpful comments on an earlier version of this paper. The usual disclaimer applies: we ar...
DRAFT: Please contact me if you wish to cite or quote from this paper. Comments welcome
Draft, staff members were asked to list the major revisions made in their particular chapter. Althou...
This paper has been mechanically scanned. Some errors may have been inadvertently introduced
helpful comments preceding and during the drafting of this paper. Despite their efforts there are, n...
∗I thank Boyan Jovanovic for many helpful comments. I also thank Silvana Melitsko for superb researc...
in finalising the first draft of this Paper. We also thank all those who provided very useful feedba...
This paper is a work in progress. Please do not quote without author’s permission
∗ We are grateful to William Thomson for comments on an earlier draft of the paper. 1
We gratefully acknowledge Daniel Hill and David Weir for helpful comments on an earlier draft.
∗We thank Steve Redding for helpful comments and suggestions. Ottaviano thanks MIUR and the European...
I am indebted to Richard Tol of the University of Hamburg and Rob Mendelsohn of Yale University for ...
discussions of the issues treated in this paper, and to two reviewers for extremely useful comments ...
∗ An earlier draft of this paper was circulated under the title “Does Risk or Mispricing Explain th
Version 2.0 *I would like to thank John Davis, Pedro Duarte, Ivan Moscati, and two anonymous referee...
their very helpful comments on an earlier version of this paper. The usual disclaimer applies: we ar...
DRAFT: Please contact me if you wish to cite or quote from this paper. Comments welcome
Draft, staff members were asked to list the major revisions made in their particular chapter. Althou...
This paper has been mechanically scanned. Some errors may have been inadvertently introduced
helpful comments preceding and during the drafting of this paper. Despite their efforts there are, n...
∗I thank Boyan Jovanovic for many helpful comments. I also thank Silvana Melitsko for superb researc...
in finalising the first draft of this Paper. We also thank all those who provided very useful feedba...