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20210616012932.0 |
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|a 9783540794127
|9 978-3-540-79412-7
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|a 10.1007/978-3-540-79412-7
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|a 339
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|a Welfens, Paul J.J.
|e author.
|4 aut
|4 http://id.loc.gov/vocabulary/relators/aut
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|a Innovations in Macroeconomics
|h [electronic resource] /
|c by Paul J.J. Welfens.
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|a 2nd ed. 2008.
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|a Berlin, Heidelberg :
|b Springer Berlin Heidelberg :
|b Imprint: Springer,
|c 2008.
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|a XVI, 455 p. 106 illus.
|b online resource.
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|a text
|b txt
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|a computer
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|a 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&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.
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|a 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. 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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|a Macroeconomics.
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| 650 |
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|a Economic policy.
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|a Macroeconomics/Monetary Economics//Financial Economics.
|0 https://scigraph.springernature.com/ontologies/product-market-codes/W32000
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|a Economic Policy.
|0 https://scigraph.springernature.com/ontologies/product-market-codes/W34010
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| 650 |
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|a R & D/Technology Policy.
|0 https://scigraph.springernature.com/ontologies/product-market-codes/W43000
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| 710 |
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|a SpringerLink (Online service)
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| 773 |
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|t Springer Nature eBook
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| 776 |
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|i Printed edition:
|z 9783540872306
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| 776 |
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|i Printed edition:
|z 9783540794110
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| 776 |
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|i Printed edition:
|z 9783642098307
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|u https://doi.org/10.1007/978-3-540-79412-7
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|a ZDB-2-SBE
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| 912 |
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|a ZDB-2-SXEF
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| 950 |
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|a Business and Economics (SpringerNature-11643)
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| 950 |
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|a Economics and Finance (R0) (SpringerNature-43720)
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