Dynamic approaches to global economic challenges festschrift in honor of Karl Farmer /
This book addresses three big economic challenges from a dynamic perspective: European integration, economic growth, and global climate change. In the light of the recent crises of the European Union (EU), the first part of the book deals with challenges to the real, monetary and fiscal integration...
| Other Authors: | Bednar-Friedl, Birgit,, Kleinert, Jörn,, Farmer, Karl,, SpringerLink (Online service) |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
Cham :
Springer,
2016.
Cham : 2016. |
| Physical Description: |
1 online resource. |
| Subjects: |
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| 245 | 0 | 0 | |a Dynamic approaches to global economic challenges : |b festschrift in honor of Karl Farmer / |c Birgit Bednar-Friedl, Jörn Kleinert, editors. |
| 260 | |a Cham : |b Springer, |c 2016. | ||
| 264 | 1 | |a Cham : |b Springer, |c 2016. | |
| 300 | |a 1 online resource. | ||
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| 588 | 0 | |a Online resource; title from PDF title page (EBSCO, viewed November 18, 2015). | |
| 504 | |a Includes bibliographical references. | ||
| 505 | 0 | |a Contributors; Introduction; References; Part I Real, Monetary and Fiscal Integration in the European Union; A Prototype Model of European Integration: The Case of Austria; 1 Introduction; 2 Austria's Integration into Europe; 3 An Integration Model for Austria; 3.1 Four Integration Steps Since 1989; 3.1.1 Opening Up of Eastern Europe in 1989; 3.1.2 EU Membership in 1995; 3.1.3 EMU Membership in 1999; 3.1.4 EU Enlargement in 2004/2007; 3.2 Model Results; 3.2.1 Opening Up of Eastern Europe in 1989; 3.2.2 EU Membership in 1995; 3.2.3 EMU Membership in 1999. | |
| 505 | 8 | |a 3.2.4 EU Enlargement in 2004/20073.3 Overall Effects of Austria's EU Integration Since 1989; 4 Conclusions; Appendix 1: The Estimated Integration Model for Austria; Appendix 2: Quantitative Model Inputs of Four Integration Scenarios (Additional Effects Compared to the Baseline Scenario Without EU Integration); References; Trade Agreements and Regional Disparities; 1 Introduction; 2 Modeling Strategy and Related Studies; 2.1 Heckscher-Ohlin or NEG?; 2.2 Isoelastic or Linear Demand Functions?; 2.3 Which of the Productive Factors is Mobile?; 3 Linear Footloose Entrepreneur Model. | |
| 505 | 8 | |a 3.1 Fundamentals: Factor Endowments, Technology, Utility, and Geography3.2 Short-Run Equilibrium; 3.3 Long-Run Equilibrium; 4 Dynamic Analysis and Fixed Point Properties; 4.1 Local Stability Properties; 4.2 Properties of the Symmetric Fixed Point; 4.3 Transition to a Core Periphery Equilibrium; 4.4 Further Dynamic Considerations; 5 Conclusions; References; Strategic Macroeconomic Policies in a Monetary Union; 1 Introduction; 2 Nonlinear Dynamic Tracking Games; 3 The MUMOD1 Model; 4 Optimal Macroeconomic Policies; 4.1 Baseline Scenario; 4.2 Impacts of a Temporary Demand Side Shock. | |
| 505 | 8 | |a 4.3 Impacts of a Reverse Demand Side Shock4.4 Impacts of a Persistent Demand Side Shock; 5 Concluding Remarks; References; Determinants of Maximum Sustainable Government Debt; 1 Introduction; 2 The Model; 2.1 Households; 2.2 Government; 2.3 Firms; 2.4 Intertemporal Equilibrium; 2.5 Steady State Equilibrium; 3 Maximum Sustainable Debt; 4 Conclusion; Appendix; References; The Long Italian Stagnation and the Welfare Effects of Outsourcing; 1 Introduction; 2 Economic Stagnation and Inability of Gaining from Globalization; 3 The Model; 3.1 Households; 3.2 Firms; 3.3 Foreign Trade. | |
| 505 | 8 | |a 3.4 Market Clearing Conditions and Walras Law4 Results; 5 Conclusions; Appendix: Proof of Propositions; References; Part II Economic Growth, Technological Change, and Climate Policy; Status, Wealth Distribution, and Endogenous Economic Growth; 1 Introduction; 2 Status; 3 The Distribution of Relative Wealth; 4 Relative Wealth Distribution and Endogenous Growth; 5 Discussion of the Results; Appendix; References; Technological Change in Information and Communication: Consequences for Science; 1 Introduction; 2 Changes in the System of Science; 3 Time of Oblivion; 4 Doom of Causality? | |
| 520 | |a This book addresses three big economic challenges from a dynamic perspective: European integration, economic growth, and global climate change. In the light of the recent crises of the European Union (EU), the first part of the book deals with challenges to the real, monetary and fiscal integration of the EU and required institutional adjustments. The second part of the book addresses fundamental challenges of advanced market economies like economic growth and changes of technologies. The final part focuses on the global challenge of climate change from an economic perspective and discusses policy strategies for a successful mitigation of climate change. | ||
| 650 | 0 | |a International economic relations. | |
| 650 | 0 | |a Economic policy. | |
| 650 | 6 | |a Politique économique. | |
| 650 | 7 | |a Environmental economics. |2 bicssc. | |
| 650 | 7 | |a The environment. |2 bicssc. | |
| 650 | 7 | |a Economic systems & structures. |2 bicssc. | |
| 650 | 7 | |a Research & development management. |2 bicssc. | |
| 650 | 7 | |a Economic growth. |2 bicssc. | |
| 650 | 7 | |a International economics. |2 bicssc. | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x International |x Economics. |2 bisacsh. | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x International |x General. |2 bisacsh. | |
| 650 | 7 | |a Economic policy. |2 fast. | |
| 650 | 7 | |a International economic relations. |2 fast. | |
| 655 | 7 | |a Festschriften. |2 fast. | |
| 655 | 7 | |a Festschriften. |2 lcgft. | |
| 700 | 1 | |a Bednar-Friedl, Birgit, |e editor. | |
| 700 | 1 | |a Kleinert, Jörn, |e editor. | |
| 700 | 1 | |a Farmer, Karl, |e honouree. | |
| 710 | 2 | |a SpringerLink (Online service) | |
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