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comments and suggestions on an earlier draft, and to Cesar Sosa, Chenzi Xu and Jan Zilinsky for excellent research assistance. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications
are those of the author(s) and do not necessarily reflect the views of the National Bureau of Econom...
the NBER for helpful suggestions. The views expressed herein are those of the authors and do not nec...
The views expressed herein are those of the authors and do not necessarily reflect the views of the ...
. The views expressed herein are those of the author(s) and do not necessarily reflect the views of ...
The views expressed herein are those of the author(s) and do not necessarily reflect the views of th...
The authors would like to thank Pierre-Olivier Gourinchas and Vincent R. Reinhart for helpful commen...
for financial support. The views expressed herein are those of the authors and do not necessarily re...
research assistance. All errors remain our own. The views expressed here are those of the authors an...
views expressed herein are those of the authors and do not necessarily reflect the views of the Nati...
The authors are grateful to Vincent Reinhart, John Singleton, Arvind Subramanian, and seminar partic...
for comments. The views expressed herein are those of the authors and do not necessarily reflect the...
The views expressed in this paper are those of the individual authors and do not necessarily reflect...
conference participants for helpful comments and suggestions. The views expressed herein are those o...
on Global Markets and the Stigler Center at the Booth School. The views expressed herein are those o...
Jeremy Stein for helpful discussions and suggestions. The views expressed herein are those of the au...
are those of the author(s) and do not necessarily reflect the views of the National Bureau of Econom...
the NBER for helpful suggestions. The views expressed herein are those of the authors and do not nec...
The views expressed herein are those of the authors and do not necessarily reflect the views of the ...
. The views expressed herein are those of the author(s) and do not necessarily reflect the views of ...
The views expressed herein are those of the author(s) and do not necessarily reflect the views of th...
The authors would like to thank Pierre-Olivier Gourinchas and Vincent R. Reinhart for helpful commen...
for financial support. The views expressed herein are those of the authors and do not necessarily re...
research assistance. All errors remain our own. The views expressed here are those of the authors an...
views expressed herein are those of the authors and do not necessarily reflect the views of the Nati...
The authors are grateful to Vincent Reinhart, John Singleton, Arvind Subramanian, and seminar partic...
for comments. The views expressed herein are those of the authors and do not necessarily reflect the...
The views expressed in this paper are those of the individual authors and do not necessarily reflect...
conference participants for helpful comments and suggestions. The views expressed herein are those o...
on Global Markets and the Stigler Center at the Booth School. The views expressed herein are those o...
Jeremy Stein for helpful discussions and suggestions. The views expressed herein are those of the au...
are those of the author(s) and do not necessarily reflect the views of the National Bureau of Econom...
the NBER for helpful suggestions. The views expressed herein are those of the authors and do not nec...
The views expressed herein are those of the authors and do not necessarily reflect the views of the ...
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