| Affiliation: | Routledge is from the Tepper School of Business, Carnegie Mellon University. Zin is from The Stern School of Business, New York University and the NBER. The authors thank David Backus, Harjoat Bhamra, Gian Luca Clementi, Eddie Dekel, Larry Epstein, Richard Green, Lars Hansen, Campbell Harvey, Chew Soo Hong, Thomas Knox, Bart Lipman, Monika Piazzesi, Uday Rajan, Jacob Sagi, Robert Stambaugh (Editor), and an anonymous referee. They also thank seminar participants at the Bank of Portugal, Carnegie Mellon University, CEPR Gerzensee, CERGE Prague, the Cleveland Fed, HEC Montreal, Columbia University, IHS Vienna, NBER, Columbia University, New York University, Northwestern University, SED 2003, Simon Fraser University, University of British Columbia, University of Cincinnati, University of Houston, University of Washington, and WFA 2004, for helpful comments. |
