53 citations · 82 across the 11 of their papers we have counts for
11 papers
Ridge Regression from Poisson Resetting: A Renewal Perspective on Spectral Regularization
Petar Jolakoski
We connect stochastic resetting from non-equilibrium statistical physics with ridge regularization in statistical learning. For linear gradient flow, resetting to the origin at rat…
Business cycle synchronization between the EU and Western Balkan candidate economies: A Wavelet Analysis
Petar Jolakoski, Viktor Stojkoski, Dragan Tevdovski
Business cycle synchronization between EU and Western Balkan candidate economies is usually modeled with aggregate time-domain correlations that mix short-run and long-run dynamics…
Response to an external field of a generalized Langevin equation with stochastic resetting of the memory kernel
Petar Jolakoski, Lasko Basnarkov, Ljupco Kocarev +3
We study a generalized Langevin equation (GLE) framework that incorporates stochastic resetting of a truncation power-law memory kernel. The inclusion of stochastic resetting enabl…
The impact of stochastic resetting on resource allocation: The case of Reallocating geometric Brownian motion
Petar Jolakoski, Pece Trajanovski, Arnab Pal +3
We study the effects of stochastic resetting on the Reallocating geometric Brownian motion (RGBM), an established model for resource redistribution relevant to systems such as popu…
Ornstein-Uhlenbeck process and generalizations: particle's dynamics under comb constraints and stochastic resetting
Pece Trajanovski, Petar Jolakoski, Kiril Zelenkovski +3
The Ornstein-Uhlenbeck process is interpreted as Brownian motion in a harmonic potential. This Gaussian Markov process has a bounded variance and admits a stationary probability di…
The fate of the American dream: A first passage under resetting approach to income dynamics
Petar Jolakoski, Arnab Pal, Trifce Sandev +3
Detailed knowledge of individual income dynamics is crucial for investigating the existence of the American dream: Are we able to improve our income status during our working life?…
Income inequality and mobility in geometric Brownian motion with stochastic resetting: theoretical results and empirical evidence of non-ergodicity
Viktor Stojkoski, Petar Jolakoski, Arnab Pal +3
We explore the role of non-ergodicity in the relationship between income inequality, the extent of concentration in the income distribution, and mobility, the feasibility of an ind…
Determinants of budget deficits: Focus on the effects from the COVID-19 crisis
Dragan Tevdovski, Petar Jolakoski, Viktor Stojkoski
This paper revisits the discussion on determinants of budget balances and investigates the change in their effect in light of the COVID-19 crisis by utilizing data on 43 countries…
The impact of state capacity on the cross-country variations in COVID-19 vaccination rates
Dragan Tevdovski, Petar Jolakoski, Viktor Stojkoski
The initial period of vaccination shows strong heterogeneity between countries' vaccinations rollout, both in the terms of the start of the vaccination process and in the dynamics…
The short-run impact of COVID-19 on the activity in the insurance industry in the Republic of North Macedonia
Viktor Stojkoski, Petar Jolakoski, Igor Ivanovski
This paper investigates the impact of the COVID-19 pandemic on the insurance industry in the Republic of North Macedonia during the first half of 2020. By utilizing seasonal autore…
Correlates of the country differences in the infection and mortality rates during the first wave of the COVID-19 pandemic: Evidence from Bayesian model averaging
Viktor Stojkoski, Zoran Utkovski, Petar Jolakoski +2
In the initial wave of the COVID-19 pandemic we observed great discrepancies in both infection and mortality rates between countries. Besides the biological and epidemiological fac…