First Author:   Michael Bleaney University of Nottingham michael.bleaney@nottingham.ac.uk   School of Economics, University of Nottingham, University Park Nottingham, NG7 2RD, UK   (+44) 115 951 5464(Phone) (+44) 115 951 5464(Fax) Second Author: Manuela Francisco University of Minho mfrancisco@eeg.uminho.pt