fact, we propose a business cycle model with employment adjustment costs, variable hours and labor effort. We show that, in … our model with variable effort, greater labor market frictions are associated with procyclical labor productivity as well … as stable employment. In contrast, the constant-effort model fails to replicate the observed cross-country pattern in the …

. Dans ce système de régulation, c’est le processus organisant le dialogue entre l’entreprise et sa tutelle qui produit les …