Innovations in Macroeconomics

Buch | Hardcover
XVI, 455 Seiten
2008 | 2., nd ed.
Springer Berlin (Verlag)
978-3-540-79411-0 (ISBN)

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Innovations in Macroeconomics - Paul J.J. Welfens
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This book presents a new link between monetary analysis and growth modeling in open economies. It considers structural change, innovations and growth from a new perspective.
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. A new link between monetary analysis and growth modelling in open economies is presented. Structural change, innovations and growth are considered from a new perspective. Energy innovation dynamics are also considered. With respect to economic policy - in particular innovation policy - the analysis implies major changes, concerning both EU countries and other leading OECD economies.

Paul J. J. Welfens, geb. 1957 in Düren, Studium der Volkswirtschaftslehre in Wuppertal, Duisburg und Paris, Promotion 1985, Habilitation1989. Inhaber des Lehrstuhls für Volkswirtschaftslehre - Schwerpunkt Makroökonomische Theorie und Politik an der Bergischen Universität Wuppertal; Präsident des Europäischen Instituts für Internationale Wirtschaftsbeziehungen (EIIW); Jean-Monnet-Professor für Europäische Wirtschaftsintegration; zuvor Distinguished Research Fellow am AICGS/The Johns Hopkins University, Professor an der Universität Münster bzw. Potsdam, Visiting Alfred Grosser Professor Sciences Po, Paris.

Globalization, Specialization and Innovation Dynamics.- Savings, Investment and Growth: New Approaches for Macroeconomic Modelling.- 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 and D and Growth in Open Economies.- EU Innovation Policy: Analysis and Critique.- Financial Market Integration, Interest Rates and Economic Development.

Sprache englisch
Maße 155 x 235 mm
Gewicht 810 g
Einbandart gebunden
Themenwelt Wirtschaft Volkswirtschaftslehre
Schlagworte Economic Policy • growth • Innovation • Innovation Policy • International Economics • Macroeconomics
ISBN-10 3-540-79411-5 / 3540794115
ISBN-13 978-3-540-79411-0 / 9783540794110
Zustand Neuware
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