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20202026
most citedIncome inequality and mobility in geometric Brownian motion with stochastic resetting: theoretical results and empirical evidence of non-ergodicity

53 citations · 82 across the 11 of their papers we have counts for

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econ.GN2026

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…

econ.GN2022

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?…

econ.GN2021★ 53 cited

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…

econ.GN2021

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…

econ.GN2021

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…