Allen, Franklin
Goldstein, Itay
Jagtiani, Julapa
Article History
Received: 29 January 2018
Revised: 8 March 2018
Accepted: 20 March 2018
First Online: 18 April 2018
Compliance with ethical standards
:
: This Philadelphia Fed working paper represents preliminary research that is being circulated for discussion purposes. The views expressed in these papers are solely those of the authors and do not necessarily reflect the views of the Federal Reserve Bank of Philadelphia or the Federal Reserve System. Any errors or omissions are the responsibility of the authors. No statements here should be treated as legal advice. Philadelphia Fed working papers are free to download at.