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Kahneman, D. (1992) Reference Points, Anchors, Norms, and Mixed Feelings. Organizational Behavior and Human Decision Processes, 51, 296-312. http://dx.doi.org/10.1016/0749-5978(92)90015-Y

has been cited by the following article:

• TITLE: The Unemployment Volatility Puzzle: A Note on the Role of Reference Points

  AUTHORS: Vincent Boitier

  KEYWORDS: Reference Points, Unemployment Volatility, Job Matching, Sequential Bargaining

  JOURNAL NAME: Theoretical Economics Letters, Vol.5 No.1, February 12, 2015

  ABSTRACT: This theoretical note aims at studying the role of reference points in generating unemployment volatility. For this purpose, I introduce the notion of reference points in a standard Mortensen-Pissarides model. I obtain two results. First, I find that the obtained model is similar to the one found by Pissarides in 2009. Second, I show that the introduction of reference points can increase significantly unemployment volatility through a mechanism à la Hagerdorn and Manovskii.