1. *Department of Economics, The University of Akron, Akron, OH, USA
2. **World Bank, Washington, DC, USA
3. Commitment to Equity (CEQ) Institute, Tulane University, Tulane, LA, USA
4. Department of Economics, Tulane University, New Orleans, LA, USA
5. Department of Risk Management, Bank of China, Dubai Branch, International Financial Centre (DIFC), Dubai, United Arab Emirates
6. IZA, Bonn, Germany