Nelson Mark

We thank the seminar participants at Indiana University, European Economic Association Meetings, IWH-CREQ-GW Macro Workshop, Annual Conference of Central Bank of Brazil, Virginia Association of Economists, Asian Meetings of the Econometric Society, International Symposium on Regional Integration and Financial Development in Northeast Asia at Liaoning University, and EC2 Conference at Aarhaus University for comments. Kimberly Berg thanks Miami University for summer research financial support.