Sustainable Growth and Financial Markets


Type Research Project

Funding Bodies
  • Oesterreichische Nationalbank (Jubiläumsfonds)

Duration March 1, 2017 - June 30, 2019

  • Institute for Ecological Economics IN (Details)

Tags

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  • Miess, Michael Gregor (Details) Project Head
  • Naqvi, Syed Ali Asjad (Details)
  • Rezai, Armon (Details) Project Head
  • Schmelzer, Stefan (Details) Project Head
 

Abstract (English)

The aim of the research is to construct a novel macroeconomic model which incorporates the endogenous dynamics of the creation, valuation and distribution of financial assets and their repercussions on the real economy. We calibrate the model to recent economic developments in the Eurozone, use it to assess the sustainability of this current growth path and evaluate policy options to stimulate sustainable growth.

Publications

Working/discussion paper, preprint

2017 Naqvi, Syed Ali Asjad, Stockhammer, Engelbert. 2017. Directed Technological Change in an Ecological Macromodel. open access (Details)

Classification