Reference Dependence and Labor Market Fluctuations
Chapter in NBER book NBER Macroeconomics Annual 2013, Volume 28 (2014), Jonathan A. Parker and Michael Woodford, editors (p. 159 - 200)
---- 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.