131 citations · 888 across the 48 of their papers we have counts for
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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…
On the structure of the world economy: An absorbing Markov chain approach
Olivera Kostoska, Viktor Stojkoski, Ljupco Kocarev
The expansion of global production networks has raised many important questions about the interdependence among countries and how future changes in the world economy are likely to…
The Impact of Services on Economic Complexity: Service Sophistication as Route for Economic Growth
Viktor Stojkoski, Zoran Utkovski, Ljupco Kocarev
Economic complexity reflects the amount of knowledge that is embedded in the productive structure of an economy. By combining tools from network science and econometrics, a robust…