Macro Innovation Dynamics and the Golden Age

Prof. Paul J. J. Welfens is Jean Monnet Professor for European Economic Integration, Chair for Macroeconomics, President of the European Institute for International Economic Relations at the University of Wuppertal, Alfred Grosser Professorship 2007/08 at Sciences Po in Paris, Research Fellow at IZA in Bonn, Non-Resident Senior Fellow at AICGS/Johns Hopkins University in Washington D.C.

• Green Innovations and CO2 in a Growth Perspective: A Neoclassical Model.- Innovation, Inequality and a Golden Rule for Growth in an Economy with R&D.- Technological Progress, Output Elasticity, FDI and Growth Cycles.- Product Innovations in a Schumpeterian Mundell-Fleming Model.- Schumpeterian Macroeconomic Production Function for Open Economies.