Here are some show notes to a talk I gave in April 2023. I had the opportunity to talk to an undergraduate macroeconomics class at Indiana University East.
Minute | Topic |
2:00 | Research on Behavioral economics and Macroeconomics |
4:25 | Labor Market Equilibrium Concepts and Incomplete Labor Contracts |
6:50 | The Gift Exchange Game and the Fair Wage-Effort Theory |
13:00 | Recessions and Downward Wage Rigidity |
19:00 | Presenting my Experimental Study “If Wages Fell During a Recession” in 13 minutes |
32:00-33:00 | How question raised in “If Wages Fell During a Recession” pointed the way to the Reference Point paper |
33:00 – 41:00 | Presenting my Experimental Study “My Reference Point, Not Yours” in 8 minutes |
41:00-44:00 | Conclusion of “My Reference Point, Not Yours” and tying it back to macroeconomics |
The “If Wages Fell…” paper directly inspired the “My Reference…” experiment. But I don’t cite “If Wages Fell…” in “My Reference…,” so you would never know how closely they are connected unless you listen to this talk.
Great talk!
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