translate English to French: The Effects of Shocks in a Monetary Business Cycle Model with Unemployment Michelle Alexopoulos (University of Toronto) A well-known fact about labour markets in the United States is that employment is much more variable than real wages.
The Effects of Shocks in a Monetary Policy Cycle Model with Unemployment Michelle Alexopoulos (Université de Toronto) Il est bien connu que l’emploi est beaucoup plus variable que les salaires réels sur le marché du travail aux États-Unis.