@inproceedings{SchwaneckGlosBofingeretal.2008, author = {Schwaneck, Stefan and Glos, Michael and Bofinger, Peter and Straubhaar, Thomas and Haase, Axel and Pinkwart, Andreas and Kunze, Mario and {\"O}sterle, Irene and Seubert, Marc and Nowak, Matthias and Rosen, Holga and Steinle, Andreas and Schorr, Leander and Fichtner, Caroline and Fischl, Bernd and Wittrock, Max and G{\"u}nther, Niclas and Roth, Isabelle and Verburg, Erik and Sextl, Gerhard and Heitm{\"u}ller, Lars and M{\"u}ller, Norman and Frashek, Andr{\´e} and Stetter, Ulrich}, title = {Innovationen - Performancetreiber und nachhaltiger Wirtschaftsmotor in Deutschland? Festschrift zum 5. W{\"u}rzburger Wirtschaftssymposium}, organization = {5. W{\"u}rzburger Wirtschaftssymposium 2008}, isbn = {978-3-923959-58-7}, url = {http://nbn-resolving.de/urn:nbn:de:bvb:20-opus-53559}, year = {2008}, abstract = {5. W{\"u}rzburger Wirtschaftssymposium, 20.11.2008 Deutsche Erfindungen ver{\"a}ndern die Welt - heute wie vor 500 Jahren. Von Buchdruck, {\"u}ber Dieselmotor, Gl{\"u}hbirne bis hin zu Airbag, Aspirin, D{\"u}bel, Fernseher und mp3-Format. Alleine dieser bescheidene {\"U}berblick des Ph{\"a}nomens "Made in Germany" l{\"a}sst den Betrachter die Bedeutung und das Potenzial von Innovationen am Standort Deutschland schnell erkennen. Experten aus Wirtschaft, Politik und Gesellschaft setzten sich am 20.11.2008 unter der Leitfrage: "Innovationen - Performancetreiber und nachhaltiger Wirtschaftsmotor in Deutschland?" mit der Bedeutung von Innovationen f{\"u}r den Standort Deutschland auseinander. Die Festschrift rundet - neben Interviews mit und Gastbeitr{\"a}gen von Referenten der Veranstaltung - das 5. W{\"u}rzburger Wirtschaftssymposium mit Stellungnahmen und Beitr{\"a}gen renommierter Experten ab. Zu Wort kommen dabei Jungunternehmer ebenso wie Wissenschaftler der Universit{\"a}t W{\"u}rzburg und Vertreter externer Organisationen.}, subject = {Innovationsforschung}, language = {de} } @techreport{BofingerHaas2023, type = {Working Paper}, author = {Bofinger, Peter and Haas, Thomas}, title = {R-Star: A new approach to estimate the polar star of monetary policy}, doi = {10.25972/OPUS-32739}, url = {http://nbn-resolving.de/urn:nbn:de:bvb:20-opus-327394}, year = {2023}, abstract = {The necessary adjustments to prominent measures of the neutral rate of interest following the COVID pandemic sparked a wide-ranging debate on the measurement and usefulness of r-star. Due to high uncertainty about relevant determinants, trend patterns and the correct estimation method, we propose in this paper a simple alternative approach derived from a standard macro model. Starting from a loss function, neutral periods can be determined in which a neutral real interest rate is observable. Using these values, a medium-term trend for a neutral interest rate can be determined. An application to the USA shows that our simple calculation of a neutral interest rate delivers comparable results to existing studies. A Taylor rule based on our neutral interest rate also does a fairly good job of explaining US monetary policy over the past 60 years.}, subject = {Zins}, language = {en} } @techreport{BofingerGeissendoerferHaasetal.2023, author = {Bofinger, Peter and Geißend{\"o}rfer, Lisa and Haas, Thomas and Mayer, Fabian}, title = {Credit as an Instrument for Growth: A Monetary Explanation of the Chinese Growth Story}, doi = {10.25972/OPUS-32880}, url = {http://nbn-resolving.de/urn:nbn:de:bvb:20-opus-328804}, pages = {148}, year = {2023}, abstract = {This study describes the Chinese growth model over the past 40 years. We show that China's growth model, with its dominant role of the banking system and "the banker", is a perfect illustration of the necessity and power of Schumpeter's "monetary analysis". This approach has allowed us to elaborate theoretically and empirically the uniqueness of the Chinese model. In our empirical analysis, we use a new dataset of Chinese provincial data to analyze the impact of the financial system, especially banks, on Chinese economic development. We also empirically assess the role of the financial system in Chinese industrial policy and provide case studies of the effects of industrial policy in specific sectors. Finally, we also discuss macroeconomic dimensions of the Chinese growth process and lessons that can be drawn from the Chinese experience for other countries.}, subject = {Industriepolitik}, language = {en} }