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Les effets de la politique monétaire sur l'emploi et les salaires

  • Jean-Christophe Pereau

    (GREThA, Université Montesquieu Bordeaux IV)

  • Nicolas Sanz

    (CEREGMIA, Université des Antilles et de la Guyane)

Dans le modèle WS-PS, lorsque les hypothèses de non-atomicitédes agents économiques et de libre entrée des entreprises sur le marché des biens sont retenues, l'économie peut être caractérisée par l'existence de plusieurs équilibres caractérisés par des niveaux d'emploi global et de salaire réel distincts. Nous montrons alors qu'une politique monétaire plus accomodante entraîne une diminution de l'emploi et des salaires réels à l'équilibre haut, en période de forte activité, mais qu'elle peut au contraire contribuer à les augmenter à l'équilibre bas, en période de récession.

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Paper provided by CEREGMIA, Université des Antilles et de la Guyane in its series Documents de Travail with number 2011-02.

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Length: 19 pages
Date of creation: Jun 2011
Date of revision:
Handle: RePEc:crg:wpaper:dt2011-02
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