Journal of Monetary Economics 2015 DOI: 10.1016/j.jmoneco.2015.09.003 View full text
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Peter N. Ireland

Abstract: I would like to thank Michael Belongia, Anna Cieslak, Urban Jermann, and two anonymous referees for very helpful comments on previous drafts. I received no external support for and have no financial interest that relates to the research described in this paper. The opinions, findings, conclusions, and recommendations expressed herein are my own and do not necessarily reflect those of the Trustees of Boston College or the National Bureau of Economic Research. NBER working papers are circulated for discussion an…

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