Innovations in Macroeconomics

Paul J.J. Welfens, "Innovations in Macroeconomics"

Publisher: S***ger; 3rd ed. edition | ISBN 10: 3642119077 | 2011 | PDF | 656 pages | 7.9 MB

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.

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