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  • Invitation Zoom Digital Seminar: The International Economics of the Corona Shock
    The International Economics of the Corona Shock Zoom Digital Seminar Date: 8 July 2020 Time:... [more]
  • New discussion paper from Lucas Bretschger and Elise Grieg (ETH Zürich) and Paul Welfens and Tian Xiong (EIIW/University of Wuppertal)
    Bretschger, L.; Grieg, E.; Welfens, P.J.J.; Xiong, T.: Corona Fatality Development, Medical... [more]
  • Prof. Paul J.J. Welfens zu den EU-Finanzhilfen am 19.05.20
    YouTube Video [more]
  • New Discussion Paper: Corona World Recession and Health System Crisis: Shocks Not Understood So Far
    Summary: The Coronavirus World Recession is a global symmetric shock that will cause... [more]
  • Press Release: Joint Eurobonds approach recommended but only if designed as a sensible financial product
    The benefits and drawbacks of Eurobonds should by carefully analyzed.Even during the Coronavirus... [more]
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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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