5 papers
Unemployment and inflation in Western Europe: solution by the boundary element method
Ivan Kitov, Oleg Kitov
Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in Austria, Italy, the Netherlands, Sweden, Switzerland, and the U…
The driving force of labor productivity
Ivan O. Kitov, Oleg I. kitov
Labor productivity in developed countries is analyzed and modeled. Modeling is based on our previous finding that the rate of labor force participation is a unique function of GDP…
Inflation as a function of labor force change rate: cointegration test for the USA
Ivan O. Kitov, Oleg I. Kitov, Svetlana A. Dolinskaya
A linear and lagged relationship between inflation and labor force change rate, p(t)= A1dLF(t-t1)/LF(t-t1)+A2 was found for developed economies. For the USA, A1=4.0, A2=-0.03075, a…
Modelling real GDP per capita in the USA: cointegration test
Ivan O. Kitov, Oleg I. Kitov, Svetlana A. Dolinskaya
A two-component model for the evolution of real GDP per capita in the USA is presented and tested. The first component of the GDP growth rate represents an economic trend and is in…
Exact prediction of S&P 500 returns
Ivan O. Kitov, Oleg I. Kitov
A linear link between S&P 500 return and the change rate of the number of nine-year-olds in the USA has been found. The return is represented by a sum of monthly returns during pre…