Numerous economic, sociological and psychological studies show that job loss leads to the major decline of social position measured by various indicators like income level, subjective wellbeing, life chances, job-search abilities. Job loss also leads to the serious downfall of subjective social...

Numerous studies of informal employment were focused on its possible impact on the income of informal workers. However consequences of informal employment for socioeconomic position of workers and social inequality in general couldn't be reduced to the monetary changes. This article presents the...

We analyze equilibrium paths in two models of overlapping generations with reciprocal altruism. The first one allows us to consider a case of different propensity to of consumer to support her children and parents (non-symmetrical altruism). In this model, an equilibrium is a Nash equilibrium....