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Digitalization is changing society by the increased connectivity and networking that digital technologies enable, such as enhancing communication, services, and trade. Increasingly, policymakers within various national governments and international organiz ...
Somewhere around the late 60's, the architectural studio underwent a 'conceptual' turn which, some fifty years later, would unknowingly become the model for the now fashionable 'start-up', 'business incubator' and 'think-tank' spaces that have sprung up fr ...
Global economies have been characterised by a large dependency of material inflows from natural stocks, an exponential growth of material stock-in-use in the built environment, and the extensive disposal of waste material outflows to anthropogenic sinks. I ...
The financial crisis of 2007-2009 drew attention to the essential role of banks for the macroeconomy and to the importance of having a resilient financial sector. A vulnerability in the financial sector spills over to the real economy and can drive it into ...
Sharing and redistributing assets between individuals has become a noticeable part of the economy. Ownership is no longer the sole mode of consumption and consumers have the option of choosing between ownership and access-based consumption. This change in ...
We model oil price dynamics in a general equilibrium production economy with two goods: a consumption good and oil. Production of the consumption good requires drawing from oil reserves at a fixed rate. Investment necessary to replenish oil reserves is cos ...
The world economy is undergoing dramatic changes, largely driven by the new availability of fine-grained information. Innovative ways of using datalarge and small-have also prompted a rethinking of the boundaries for the combination and use of knowledge. T ...
We examine austerity in advanced economies since the Great Recession. Austerity shocks are reductions in government purchases that exceed reduced-form forecasts. Austerity shocks are statistically associated with lower real GDP, lower inflation and higher ...
Less than nine months into 2017, more resources than our planet produces over the whole year were consumed globally, marked by Earth Overshoot Day. Short use and fast replacement of products increasingly dictates consumption patterns in many regions. As fa ...
Paul Scherrer Institute, World Resources Forum2019
We use the flexible model coupling technology known as the bespoke framework generator to link established existing modules representing dynamics in the global economy (GEMINI-E3), the energy system (TIAM-WORLD), the global and regional climate system (MAG ...
