1. Nicolas Crouzet is Associate Professor of Finance, Northwestern Kellogg School of Management, Evanston, Illinois.
2. Janice C. Eberly is Professor of Finance, Northwestern Kellogg School of Management, Evanston, Illinois. Research Associates, National Bureau of Economic Research, Cambridge, Massachusetts.
3. Andrea L. Eisfeldt is Professor of Finance, Anderson School of Management, Los Angeles, California. Research Associates, National Bureau of Economic Research, Cambridge, Massachusetts.
4. Dimitris Papanikolaou is Professor of Finance, Northwestern Kellogg School of Management, Evanston, Illinois. Research Associates, National Bureau of Economic Research, Cambridge, Massachusetts.