Innovations in Macroeconomics (Repost)
Innovations in Macroeconomics by Paul J.J. Welfens
Language: English | 2011 | ISBN: 3642119077 | 634 pages | PDF | 7,9 MB
Language: English | 2011 | ISBN: 3642119077 | 634 pages | PDF | 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.