Journal of Monetary Economics 2016 DOI: 10.1016/j.jmoneco.2016.11.002 View full text
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Daniel Shoag, Stan Veuger

Abstract: The views expressed in the HKS Faculty Research Working Paper Series are those of the author(s) and do not necessarily reflect those of the John F. Kennedy School of Government or of Harvard University. Faculty Research Working Papers have not undergone formal review and approval. Such papers are included in this series to elicit feedback and to encourage debate on important public policy challenges. Copyright belongs to the author(s). Papers may be downloaded for personal use only.