1. Department of Economics and FinanceMichael J. Coles College of BusinessKennesaw State University1000 Chastain RoadKennesawGA30144USA
2. Research DepartmentFederal Reserve Bank of Atlanta1000 Peachtree Street NEAtlantaGA30309‐4470USA
3. Michael G. DeGroote School of BusinessMcMaster University1280 Main Street W, HamiltonOntarioCanadaL8S 4M4
4. College of ManagementGeorgia Institute of TechnologyAtlantaGA30332‐0520USA
5. Michael G. DeGroote School of BusinessMcMaster University1280 Main Street West, HamiltonOntarioCanadaL8S 4M4