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First Author:
 
Kevin x.d. Huang
Vanderbilt University
kevin.huang@vanderbilt.edu
 
Department of Economics, Vanderbilt University, 2301 Vanderbilt Place
Nashville, 37235-1819, USA
 
615-936-7271(Phone)
615-936-7271(Fax)

Second Author:

Munechika Katayama
Waseda University
mkatayama@aoni.waseda.jp
 
 
 
 

Third Author:

Mototsugu Shintani
University of Tokyo and Vanderbilt University
mototsugu.shintani@vanderbilt.edu
 
 
 
 

Fourth Author:

Takayuki Tsuruga
Kyoto University
tsuruga@econ.kyoto-u.ac.jp