000 04069nam a22004695i 4500
001 978-3-642-11909-5
003 DE-He213
005 20140220083743.0
007 cr nn 008mamaa
008 110726s2011 gw | s |||| 0|eng d
020 _a9783642119095
_9978-3-642-11909-5
024 7 _a10.1007/978-3-642-11909-5
_2doi
050 4 _aHB172.5
072 7 _aKCB
_2bicssc
072 7 _aKCBM
_2bicssc
072 7 _aBUS039000
_2bisacsh
072 7 _aBUS045000
_2bisacsh
082 0 4 _a339
_223
100 1 _aWelfens, Paul J.J.
_eauthor.
245 1 0 _aInnovations in Macroeconomics
_h[electronic resource] /
_cby Paul J.J. Welfens.
264 1 _aBerlin, Heidelberg :
_bSpringer Berlin Heidelberg,
_c2011.
300 _aXXII, 634p. 121 illus.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _aGlobalization, 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.
520 _aModern 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
650 0 _aEconomics.
650 0 _aEconomic policy.
650 0 _aMacroeconomics.
650 1 4 _aEconomics/Management Science.
650 2 4 _aMacroeconomics/Monetary Economics.
650 2 4 _aEconomic Policy.
650 2 4 _aR & D/Technology Policy.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783642119071
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-642-11909-5
912 _aZDB-2-SBE
999 _c106842
_d106842