Overview
Novel approaches to innovation dynamics and growth in open economies
New monetary and non-monetary growth models
Discussion of rational innovation policies in OECD countries
Includes supplementary material: sn.pub/extras
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Table of contents (11 chapters)
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Front Matter
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Back Matter
Keywords
About this book
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.
Authors and Affiliations
Bibliographic Information
Book Title: Innovations in Macroeconomics
Authors: Paul J. J. Welfens
DOI: https://doi.org/10.1007/978-3-540-68216-5
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2007
eBook ISBN: 978-3-540-68216-5Published: 06 March 2007
Edition Number: 1
Number of Pages: XIV, 432
Number of Illustrations: 99 b/w illustrations
Topics: Macroeconomics/Monetary Economics//Financial Economics, Economic Policy, R & D/Technology Policy
Industry Sectors: Finance, Business & Banking