[1] Tilburg Univ, Dept Econ, POB 90153,Room P2-115, NL-5000 LE Tilburg, Netherlands
[2] Tilburg Univ, CentER, POB 90153,Room P2-115, NL-5000 LE Tilburg, Netherlands
[3] Erasmus Sch Econ, Postbus 1738,Room H12-10, NL-3000 DR Rotterdam, Netherlands
[4] Univ Melbourne, Dept Econ, Melbourne, Vic, Australia
[5] Tinbergen Inst, Amsterdam, Netherlands
[6] EHERO, Rotterdam, Netherlands
[7] CEPR, London, England