Hoard Behavior and Commodity Bubbles
---- Acknowledgments ----
We thank seminar participants at HKUST, New York University, PUC-Rio and Yale University for helpful comments. We are also grateful to Manuel Arellano, Orazio Attanasio, Richard Blundell, Marcelo Fernandes, Bo Honoré, Guy Laroque, Valerie Lechene and Elie Tamer for useful conversations. de Paula gratefully acknowledges financial support from the European Research Council through Starting Grant 338187 and the Economic and Social Research Council through the ESRC Centre for Microdata Methods and Practice grant RES-589-28-0001. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.