During the last 25 years, unemployment in the USA is a lagged linear function of inflation and labor force relative change with time. The lag is currently of 2.5 years. Only a small decrease in labor force rate is currently observed compared to the strong growth between 1965 and 1990. According...

Inflation in the USA between 1960 and 2004 is studied in the framework of the revealed rigidity of the personal income distribution normalized to the total nominal GDP. Inflation is found to be a mechanism, which prevents changes in the relative incomes induced by economic growth and population...

Real GDP growth rate in developed countries is found to be a sum of two terms. The first term is the reciprocal value of the duration of the period of mean income growth with work experience, Tcr. The second term is defined by relative change of the number of people of specific age (9 years of...

The transition of several East European countries from the socialist economic system to the capitalist one is studied. A microeconomic model for the personal income distribution and its evolution and a simple functional relationship between the rate of the per capita GDP growth and the attained...

During the last 25 years, unemployment in the USA is a lagged linear function of inflation and labor force relative change with time. The lag is currently of 2.5 years. Only a small decrease in labor force rate is currently observed compared to the strong growth between 1965 and 1990. According...

Inflation in the USA between 1960 and 2004 is studied in the framework of the revealed rigidity of the personal income distribution normalized to the total nominal GDP. Inflation is found to be a mechanism, which prevents changes in the relative incomes induced by economic growth and population...

The transition of several East European countries from the socialist economic system to the capitalist one is studied. A microeconomic model for the personal income distribution and its evolution and a simple functional relationship between the rate of the per capita GDP growth and the attained...

The personal income distribution (PID) above the Pareto threshold is studied and modeled. A microeconomic model is proposed to simulate the PID and its evolution below and above the Pareto income threshold. The model balances processes of income production and dissipation for any person above 15...

Real GDP growth rate in developed countries is found to be a sum of two terms. The first term is the reciprocal value of the duration of the period of mean income growth with work experience, Tcr. The second term is defined by relative change of the number of people of specific age (9 years of...

The personal income distribution (PID) above the Pareto threshold is studied and modeled. A microeconomic model is proposed to simulate the PID and its evolution below and above the Pareto income threshold. The model balances processes of income production and dissipation for any person above 15...