is given to the source.

Economic Association Meetings (Istanbul) for helpful comments and suggestions and to Inci Gumus, James John, Francisco Parodi, and Ioannis Tokatlidis for help in obtaining data. 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 They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications