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Reference Dependence and Labor Market Fluctuations

Kfir Eliaz, Ran Spiegler

Chapter in NBER book NBER Macroeconomics Annual 2013, Volume 28 (2014), Jonathan A. Parker and Michael Woodford, editors (p. 159 - 200)
Conference held April 12-13, 2013
Published in April 2014 by University of Chicago Press
© 2014 by the National Bureau of Economic Research
in NBER Book Series NBER Macroeconomics Annual

---- Acknowledgments ----

Spiegler acknowledges financial support from the European Research Council, Grant no. 230251. Eliaz acknowledges financial support from the European Commission, grant PCIG11-GA-2012-321549. We thank Gadi Bar-Levy, Martin Dufwenberg, Erik Eyster, Elhanan Helpman, Christopher Pissarides, Thijs van Rens, Ariel Rubinstein, Ron Siegel, Balazs Szentes, Eran Yashiv, Michael Woodford, Alwyn Young and numerous seminar participants for helpful comments.

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