This book examines empirical and theoretical research on economic inequality from the perspective of dynamic models. By using advanced mathematical tools, it reveals fundamental market dynamics and underlines the role of subsistence constraints and competition in economic distribution.

The terms of reference for this study were to outline an inability of market principles to satisfy needs with a focus on natural determination of individuals. The author tries to define causes of market failures in satisfying of basic human needs and outlines a way how to overcome the problems...

Introduction -- Contemporary Economics and Inequality -- Growth Theories and Convergence Hypothesis -- Who Are Agents in Agent-Based Economic Models? -- Models of Subsistence Consumption -- Models of Competition -- The Dynamic Model of Market Inequality -- Conclusion.

1. Introduction -- 2. Migration and the Czech Labour Market -- 3. A Panel VAR Granger Causality Analysis of Wages and Labour Productivity: Evidence from Czech Regions -- 4. Convergence in the Czech Labour Market -- 5. Inflation Inequality -- 6. Household-specific Energy Expenditure and Inflation...