Value creation processes based on economic dynamics of contribution – also referred as crowdsourcing or web 2.0 - take more and more importance in contemporary capitalism (Moulier-Boutang 2010; Moulier-Boutang 2011a). This paper’s aim is twofold: 1) to contribute to a better understanding of the...

Energy productivity, defined as the ratio of GDP to energy used, is pervasively used as an indicator of energy efficiency at national level, although it is not an appropriate one. We point out that the traditional energy productivity could measure only the cost effectiveness of energy to achieve...

GDP and its components’ evolution show an oscillatory behavior. As an alternative approach to classical cyclic behavior producing models, the paper analyses this behavior both by Fourier transforms of the data series and by a discussion of the roots configuration of the associated second order...

Our modelling team uses both partial and general equilibrium models to investigate trade and policy reforms scenarios, e.g. CAP reform, FTAs, WTO, and their impact on the agricultural sector, with particular emphasis in the UK. General Equilibrium (GE) models are used in areas where a...

Several times a year, OPEC hosts conferences with its members to review oil fundamentals and decide on production quota adjustments. The organization meets behind closed doors, but the opening meeting is open to the press and usually fuels market speculation on which agreement concerning oil...

Most of Basel II and III financial regulations are based on data, treated in a statistical mindset. While regulators call for forward-looking risk management, they suggest no time-based modeling approach. In macroeconomic catastrophes modeling, this is a great setback. This paper reports the...

We examine the monetary implications of Anticipated Future Consumption streams in utility.Ramsey optimal growth modelPaper is finalized

This paper's objective is to provide an improved model of inflation for use in dynamic macroeconomic models. Fisher's equation of exchange is recognized as a causal relationship that shows how the price level responds to changes in aggregate production, the money supply, and the velocity of...

Traditional business process modeling follows a top-down approach. The process structure is pre-defined by completely determining relevant activities, eevents, actors, documents, tools, etc. The process model shows a strict flow of events and activities following a well-defined logical and...

After the 2008 global economic crisis, as one of the emerging markets, Indonesia experiences a lot of capital inflows. The increase in capital inflows stimulated economic activities and caused macroeconomic fluctuations. This study focused on the analysis of pull and push factors that affect the...