Skip to main content

Research Repository

Advanced Search

Adaptation towards reference values: a non-linear perspective (2007)
Journal Article
Georgellis, Y., Gregoriou, A., & Tsitsianis, N. (2008). Adaptation towards reference values: a non-linear perspective. Journal of Economic Behavior and Organization, 67(3-4), (768-781). doi:10.1016/j.jebo.2007.08.007. ISSN 0167-2681

Using large-scale panel data, we examine the dynamics of adjustment towards reference points for key workplace attributes. We discover that an Exponential Smooth Transition Autoregressive (ESTAR) model is superior to a linear model in characterizing... Read More about Adaptation towards reference values: a non-linear perspective.