Welfens | Innovations in Macroeconomics | Buch | 978-3-642-11907-1 | sack.de

Buch, Englisch, 634 Seiten, Format (B × H): 160 mm x 241 mm, Gewicht: 1139 g

Welfens

Innovations in Macroeconomics


Third Auflage 2011
ISBN: 978-3-642-11907-1
Verlag: Springer

Buch, Englisch, 634 Seiten, Format (B × H): 160 mm x 241 mm, Gewicht: 1139 g

ISBN: 978-3-642-11907-1
Verlag: Springer


Modern macroeconomics suffers from an unclear link between short-term Keynesian analysis and long-term growth modelling. Moreover, product and process innovations have been only partially integrated. The analysis suggests new approaches to innovations in open economies in many ways, including the Schumpeterian Mundell-Fleming model and new monetary growth models. A specific focus is on the role of innovations for output, employment and exchange rate developments. This book presents a new link between monetary analysis and growth modelling in open economies. Structural change, innovations and growth are considered from a new perspective. With respect to economic policy - in particular innovation policy - the analysis implies major changes, concerning both EU countries and other leading OECD economies.

This important new book sets a new direction for macroeconomics. By linking several strands of fundamental economic thinking into a coherent, integrated framework it provides a pathbreaking understanding into the fundamental forces shaping macroeconomic performance. In particular, by injecting insights from the Schumpeterian model, the author succeeds in presenting a new policy framework to guide economic growth policy.
Prof. Dr. David Audretsch, Institute of Development Strategies, Indiana University, Bloomington, USA

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Weitere Infos & Material


Globalization, Specialization and Innovation Dynamics.- Savings, Investment and Growth: New Approaches for Macroeconomic Modeling.- Economic Integration, Technological Progress and Growth.- Impact of the Real Exchange Rate on Trade, Structural Change and Growth.- Macroeconomic Aspects of Opening Up, Unemployment, Growth and Transition.- Productivity Shocks, Innovations, Stock Market Dynamics and Growth,- Innovation Dynamics and Optimum Growth.- Trade, Structural Change and Growth in an Open Monetary Economy.- Innovations in the Digital Economy: Promotion of R&D and Growth in Open Economies.- EU Innovation Policy: Analysis and Critique.- Financial Market Integration, Interest Rates and Economic Development.- Natural Resources, Oil Prices and Innovation Dynamics.- Portfolio Modeling and Growth in Open Economies.- Transatlantic Banking Crisis: Analysis, Rating, Policy Issues.- International Banking Crisis and Innovation.- New MARSHALL-LERNER Condition and Economic Globalization.- Trade, Innovation and Output Dynamics.- New Open Economy Policy Perspectives: Modified Golden Rule and Hybrid Welfare.- Employment in the R&D Sector, Economic Policy and the Golden Rule.- Some Remarks on Growth Analysis on the Basis of CES.



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