A Note on the Global Income Distribution Curve ('The Elephant').

In this work, our objective is to explain the decline in the income share of the middle class and the increase in the share of the wealthy - a global empirical phenomenon, commonly referred to as 'The Elephant' (Lakner & Milanovic, 2013; Milanovic, 2016) - by examining the different life-cycle income paths of heterogeneous income classes and the varying tax burden on labor and capital income. The model investigates the diverse life-cycle paths and their nonlinear behavior among the income classes under scrutiny. This approach enables us to dynamically analyze the divergence in the income distribution using one of the more important models in economics: The life-cycle and permanent-income framework.

Geometry of commutes in the universality of percolating traffic flows.

Traffic congestion is a major problem in megacities which increases vehicle emissions and degrades ambient air quality. Various models have been developed to address the universal features of traffic jams. These models range from microscopic car-following models to macroscopic collective dynamic models.

Response of the competitive balance model to the external field.

The competitive balance model was proposed as an extension of the structural balance theory, aiming to account for heterogeneities observed in real-world networks. In this model, different paradigms lead to form different friendship and enmity. As an example, friendship or enmity between countries can have a political or religious basis.

The structure balance of gene-gene networks beyond pairwise interactions.

Despite its high and direct impact on nearly all biological processes, the underlying structure of gene-gene interaction networks is investigated so far according to pair connections. To address this, we explore the gene interaction networks of the yeast Saccharomyces cerevisiae beyond pairwise interaction using the structural balance theory (SBT). Specifically, we ask whether essential and nonessential gene interaction networks are structurally balanced.

Coupled Criticality Analysis of Inflation and Unemployment.

In this paper, we focus on the critical periods in the economy that are characterized by unusual and large fluctuations in macroeconomic indicators, like those measuring inflation and unemployment. We analyze U.S.

Non-criticality of interaction network over system's crises: A percolation analysis.

Extraction of interaction networks from multi-variate time-series is one of the topics of broad interest in complex systems. Although this method has a wide range of applications, most of the previous analyses have focused on the pairwise relations. Here we establish the potential of such a method to elicit aggregated behavior of the system by making a connection with the concepts from percolation theory.

Metastable Features of Economic Networks and Responses to Exogenous Shocks.

It is well known that a network structure plays an important role in addressing a collective behavior. In this paper we study a network of firms and corporations for addressing metastable features in an Ising based model. In our model we observe that if in a recession the government imposes a demand shock to stimulate the network, metastable features shape its response.