This article proposes a new economic modeling theoretical framework known as multidimensional real-time economic modeling (MRTE-Modeling). The model is an important tool that economists and educators can use to demonstrate the multidimensional aspects of economic behavior. MRTE-Modeling...

This paper formulates an analytical framework to understand the spatiotemporal patterns of epidemic disease occurrence, its relevance, and implications to financial markets activity. The paper suggests a paradigm shift: a new multi-dimensional geometric approach to capture all symmetrical and...

This research paper attempts to show visually how the COVID-19 quarantines can generate massive unemployment, constant expansion of inflation, reduction of the purchasing power parity, and poverty expansion from a multidimensional perspective. This visualization is only possible by creating a...

This paper introduces an alternative indicator to evaluate the external sector behavior of a country or region. The objective of this indicator, titled 'The External Sector Vulnerability Monitoring Index' (henceforth ESVM) (λ), is to offer policy-makers and researchers a new analytical tool to...

We propose a group of indicators for the analysis of wine industry performance. We present a new model that analyzes the direct impact of wine industry productivity rate (Π*), the wine industry performance rate (ΔΠ), the wine cargo expansion rate (ΔΠ), and the wine industry technological...

Purpose - The purpose of this paper is to explore the concept of pensionomics as a prospective tool for pension evaluation. This paper suggests a paradigm shift - a multi-disciplinary synthesis of differing perspectives in evaluating pension's overall performance based on past work on pension...

The objective of this research paper is to present a suitable scheme of regional integration which can be applied between developing countries and less developed countries. This new scheme is called the Cooperation Effect Creation Scheme (CEC-Scheme). The CEC-Scheme demonstrates the basic...

This short communication is interested to give more details about how the Openness Growth Monitoring Model (OGM-Model) works to the JPM readers. The main idea is to extend certain points from the original paper entitled "The Openness Growth Monitoring Model" that was published in the Journal of...

This article examines the origins and evolution of policy modeling from a theoretical and technical perspective. This is done through an extensive review and analysis of publications of the journal of policy modeling within a 33-year period (1979–2012). It was observed that at different period...