The paper has benefitted from the comments of participants at presentations at the University of Washingto
We thank participants at the CESifo area meeting in the Economics of Education in Munich, in particu...
We thank Ravi Jagannathan for numerous discussions and suggestions. We benefited from the comment
Paper prepared for the NBER project on “Risks of Financial Institutions”. We benefited from suggesti...
This paper benefited from comments by participants at the conference on "Education Policy in De...
The views expressed in this paper are those of the individual authors and do not necessarily reflect...
authors. The views expressed herein are those of the author(s) and do not necessarily reflect the vi...
The authors greatly benefited from discussions with seminar participants at Antwerp University, th
This paper is a substantially revised version of Christiano, Motto and Rostagno (2010). The paper ex...
and seminar participants at various institutions for helpful suggestions. We are especially gratefu
Essential parts of this paper were prepared while Sebnem Kalemli-Ozcan was visiting the European Cen...
University, WFA, and Wharton for valuable discussions and comments. Dimitris Papanikolaou thank
Reichlin and Harald Uhlig for valuable discussions and comments. We also benefited from the comment
participants at numerous seminars. Stephen Yeaple would also like to thank the Human Capital Foundat...
Montréal, CEU Budapest, and Max Planck Institute Bonn for their valuable suggestions. We are als
Performance at the London School of Economics for financial support. We are grateful to Pol Antràs
We thank participants at the CESifo area meeting in the Economics of Education in Munich, in particu...
We thank Ravi Jagannathan for numerous discussions and suggestions. We benefited from the comment
Paper prepared for the NBER project on “Risks of Financial Institutions”. We benefited from suggesti...
This paper benefited from comments by participants at the conference on "Education Policy in De...
The views expressed in this paper are those of the individual authors and do not necessarily reflect...
authors. The views expressed herein are those of the author(s) and do not necessarily reflect the vi...
The authors greatly benefited from discussions with seminar participants at Antwerp University, th
This paper is a substantially revised version of Christiano, Motto and Rostagno (2010). The paper ex...
and seminar participants at various institutions for helpful suggestions. We are especially gratefu
Essential parts of this paper were prepared while Sebnem Kalemli-Ozcan was visiting the European Cen...
University, WFA, and Wharton for valuable discussions and comments. Dimitris Papanikolaou thank
Reichlin and Harald Uhlig for valuable discussions and comments. We also benefited from the comment
participants at numerous seminars. Stephen Yeaple would also like to thank the Human Capital Foundat...
Montréal, CEU Budapest, and Max Planck Institute Bonn for their valuable suggestions. We are als
Performance at the London School of Economics for financial support. We are grateful to Pol Antràs
We thank participants at the CESifo area meeting in the Economics of Education in Munich, in particu...
We thank Ravi Jagannathan for numerous discussions and suggestions. We benefited from the comment
Paper prepared for the NBER project on “Risks of Financial Institutions”. We benefited from suggesti...