Titlebook: Innovations in Macroeconomics; Paul J.J. Welfens Book 2011Latest edition Springer-Verlag Berlin Heidelberg 2011 Economic Policy.Growth.Inn

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書目名稱Innovations in Macroeconomics影響因子(影響力)




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圣人

N. Transatlantic Banking Crisis: Analysis, Rating, Policy Issues,nterest rate is sufficient to describe the system of financial markets adequately. Instead, the crisis of 2007–2009 in the USA and Europe has revealed that one needs a broader analysis of various financial markets.

Commonwealth

Q. Trade, Innovation and Output Dynamics,ncome. HERZER finds in his extended heterogeneous panel data analysis that the share of natural resources in exports negatively affects real income per capita; so for a certain group of countries, higher trade goes along with higher GDP per capita.

卵石

G. Innovation Dynamics and Optimum Growth,mulation dynamics for capital and certain parameters of the utility function (DIXIT 1976). Modern growth theory to some extent has added emphasis on the role of human capital formation (LUCAS 1979), but the mechanics of the basic neoclassical growth model can be retained if one interprets capital as human capital or skilled labor.

收養(yǎng)

I. Innovations in the Digital Economy: Promotion of R&D and Growth in Open Economies,ave entered global markets and competition has intensified. The end of the Cold War has intensified the global innovation race for civilian products as the share of military R&D expenditures in the USA, France and the UK has fallen to close or less than 50%.

白楊

,P. New MARSHALL–LERNER Condition and Economic Globalization,blem that even a considerable adjustment of the real exchange rate might be insufficient to cope with the high current account deficit. Instead, the internal relative price—the ratio of tradables to nontradables prices—would also have to adjust in a way which stimulates net exports of goods and services.

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ESO

Book 2011Latest editions 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

FIN

B. Savings, Investment and Growth: New Approaches for Macroeconomic Modeling,me. Short-term macroeconomic analysis is rarely linked to long-term dynamics, and this can be misleading for policymakers. Moreover, it leaves policymakers, who would like to know under which conditions a rise in the savings ratio shows up in a contractionary or an expansionary impact, confused.