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We are grateful to Adrien Auclert, John Campbell, Xavier Gabaix, Agnes Kovacs, Lu Liu, Patrick Moran, Matt Rognlie, and seminar participants at various institutions for useful comments. Adrien Couturier, Seung Hyeong Lee, Jessica Schultz, and Rui Sousa provided excellent research assistance. The authors acknowledge support from the Pershing Square Fund for Research on the Foundations of Human Behavior.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
