Innovations in Macroeconomics
| By: | Paul J.J. Welfens |
| Publisher: | Springer Nature |
| Print ISBN: | 9783642119071 |
| eText ISBN: | 9783642119095 |
| Edition: | 3 |
| Copyright: | 2011 |
| Format: | Page Fidelity |
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Table of Contents
Modern macroeconomics suffers from an unclear link between short-term Keynesian analysis and long-term growth modelling. 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.