Affiliation: | (1) Department of Economics, College of Commerce and Finance,, Villanova University, 1007 Bartley Hall, 800 Lancaster Avenue, Villanova, PA 19085-1678, USA;(2) Federal Reserve Bank of New York, 33 Maiden Lane, New York, NY 10045, USA;(3) Department of Business Administration, College of Business, , University of Illinois at Urbana-Champaign, 339 Wohlers Hall, 1206 South Sixth Street, Champaign, IL 61820, USA |