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Productivité du travail et "Labour Hoarding"

Author

Listed:
  • Carmichael, Benoît
  • Van Audenrode, Marc
  • Royer, Jimmy

Abstract

Cet exposé s'attarde à expliquer les mouvements dans la productivité du travail. Le but de cet ouvrage est de tester les résultats théoriques de Horning (1994). Celui-ci propose des mouvements procycliques du "labour hoarding" comme solution aux problèmes encourus par les modèles des cycles réels. Comme il est démontré ici, cette corrélation positive entre le "labour hoarding" et le cycle économique fait en sorte que la productivité est plus volatile que les statistiques habituelles peuvent laisser croire. This paper try to explain labour productivity fluctuations. We test empirically the proposition made by Horning (1994) that procyclical movements in labour hoarding can explained the puzzle raised by the apparent low volatility of labour productivity. This is because with a positive correlation between labour hoarding and the business cycle, the productivity is more volatile than the empirical facts habitually show.

Suggested Citation

  • Carmichael, Benoît & Van Audenrode, Marc & Royer, Jimmy, 1998. "Productivité du travail et "Labour Hoarding"," Cahiers de recherche 9825, Université Laval - Département d'économique.
    • Handle: RePEc:lvl:laeccr:9825
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    File URL: http://www.ecn.ulaval.ca/w3/recherche/cahiers/1998/9825.pdf
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    More about this item

    Keywords

    Labour hoarding; productivité du travail; demande de travail; élasticités de demande de travail de court terme; élasticité de demande de travail de long terme; procyclicité de la productivité; volatilité de la productivité;
    All these keywords.

    JEL classification:

    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand

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