{"product_id":"innovations-in-macroeconomics-von-paul-j-j-welfens-hrsg","title":"Innovations in Macroeconomics","description":"\n                                \n                \u003cp\u003eModern 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.\u003c\/p\u003e\n                                \n                \u003cp\u003e\n                                        \n                    \u003ci\u003e\n                                                This important new book sets a new direction for macroeconomics. By linking several strands of fundamental economic thinking into a coherent, integrated framework it provides a pathbreaking understanding into the fundamental forces shaping macroeconomic performance. In particular, by injecting insights from the Schumpeterian model, the author succeeds in presenting a new policy framework to guide economic growth policy. \n                        \n                        \u003cbr\u003e\n                                            \n                    \u003c\/i\u003e\n                                        Prof. Dr. David Audretsch, Institute of Development Strategies, Indiana University, Bloomington, USA\n                \n                \u003c\/p\u003e\n                            \n            \u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783642119071\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783642442056\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Hardcover - 9783642119071","offer_id":40567276437597,"sku":"9783642119071","price":106.99,"currency_code":"EUR","in_stock":true},{"title":"Softcover - 9783642442056","offer_id":39443273023581,"sku":"9783642442056","price":106.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/c3740652-88ed-415e-9716-bb23cba701a9.jpg?v=1778389954","url":"https:\/\/shop.autorenwelt.de\/en\/products\/innovations-in-macroeconomics-von-paul-j-j-welfens-hrsg","provider":"Autorenwelt Shop","version":"1.0","type":"link"}