Following findings by Ormerod and Mounfield (Physica A 293 (2001) 573) Wright (The duration of recessions follows an exponential nota power law, cond-mat/0311585) rises the problem whether a power (Ormerod and Mounfield, 2001) or an exponential law (Wright) describes the distribution of...

This paper discusses region wealth size distributions, through their member cities aggregated tax income. As an illustration, the official data of the Italian Ministry of Economics and Finance has been considered, for all Italian municipalities, over the period 2007-2011. Yearly data of the...

The cluster analysis methods are used in order to perform a comparative study of 15 EU countries in relation with the fluctuations of some basic macroeconomic indicators. The statistical distances between countries are calculated for various moving time windows, and the time variation of the...

Recurrence Plot (RP) and Recurrence Quantification Analysis RQA) are signal numerical analysis methodologies able to work with non linear dynamical systems and non stationarity. Moreover they well evidence changes in the states of a dynamical system. It is shown that RP and RQA detect the...

Following findings by Ormerod and Mounfield, Wright rises the problem whether a power or an exponential law describes the distribution of occurrences of economic recession periods. In order to clarify the controversy a different set of GDP data is hereby examined. The conclusion about a power...

Econophysics is a science in its infancy, born about ten years ago at this time of writing, at the crossing roads of physics, mathematics, computing and of course economics and finance. It also covers human sciences, because all economics is ultimately driven by human decision. From this human...

A microscopic approach to macroeconomic features is intended. A model for macroeconomic behavior under heterogeneous spatial economic conditions is reviewed. A birth-death lattice gas model taking into account the influence of an economic environment on the fitness and concentration evolution of...

A description of relations between the yearly fluctuations of the Gross Domestic Product (GDP) per capita of 19 Latin American (LA) countries is presented using either a linear (PCC) or a nonlinear correlation coefficient (NCC). Various time windows have been examined to measure the weights...

In the framework of applying econophysics ideas in religious topics, the finances of the Antoinist religious movement organised in Belgium between 1920 and 2000 are studied. The interest of investigating financial aspects of such a, sometimes called, sect stems in finding characteristics of...

This reviews the econophysics activities in Belgium from my admittedly biased point of view. Unknown historical notes or facts are presented for the first time explaining the aims, whence evolution of the research papers and friendly connections with colleagues. Comments on endeavors are also...