Technology and the New Economy技术与新经济 snb txt 网盘 pdf kindle 2025 lit 下载

　　One of the most important forces driving economic performance in the United States and other countries during the 1990s was the rise of information technology. The new technology has had such a significant impact on the economy that "the new economy" emerged as a popular term in both the media and academia.

This book, written in an accessible style, examines basic questions about the effects of information technology on various aspects of the economy. The topics include the relationship between innovation and the stock market value of the innovating firm; competition policy; demand factors as determinants of growth; institutional aspects of the innovation process; and the effectiveness of monetary policy in stabilizing the economy.

Foreword by Robert E. Lucas Jr. Ⅶ

Introduction

Chong-En Bai and Chi-Wa Yuen

1 Stock Markets in the New Economy

Boyan Jovanovic and Peter L. Rousseau

2 The Value of Competitive Innovation and U.S. Policy toward the Computer Industry

Timothy F. Bresnahan and Franco Malerba

3 Technology Dissemination and Economic Growth: Some Lessons for the New Economy

Danny Quah

4 Technological Advancement and Long-Term Economic Growth in Asia

Jeffrey D. Sachs and John W. McArthur

5 Monetary Policy in the Information Economy

Michael Woodford

Postscript

Chong-En Bai and Chi-Wa Yuen

Index

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作者简介

　　Chong-En Bai is Associate Professor of Economics and Finance at the University of Hong Kong.

　　Chi-Wa Yuen is Associate Professor of Economics and Finance at the University of Hong Kong.

书籍介绍

One of the most important forces driving economic performance in the United States and other countries during the 1990s was the rise of information technology. The new technology has had such a significant impact on the economy that "the new economy" emerged as a popular term in both the media and academia.This book, written in an accessible style, examines basic questions about the effects of information technology on various aspects of the economy. The topics include the relationship between innovation and the stock market value of the innovating firm; competition policy; demand factors as determinants of growth; institutional aspects of the innovation process; and the effectiveness of monetary policy in stabilizing the economy.