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Journal of the European Economic Association 2018 Editor Journal of the European Economic Association 2018 Journal of the European Economic Association (JEAA) NC 27513, USA. E-mail: [email protected]. (ISSN (1542-4766) is published six times a year Tel (and answerphone outside normal working (February, April, June, August, October, and December) hours): 800 852 7323 (toll-free in USA/Canada). by Oxford University Press, Oxford, UK, for the Fax: 919 677 1714. In Japan, please contact: Journals Editor European Economic Association. Customer Services, Oxford Journals, Oxford University Press, Tokyo, 4-5-10-8F Shiba, Minato-ku, Available online: is journal is available online at Juuso Välimäki Aalto University School of Business [email protected] Tokyo 108-8386, Japan. Tel: 0813 5444 5858. Oxford Journals Online. Visit https://academic.oup. Fax: þ81 3 3454 2929. Email: [email protected]. 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