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Theoretical Economics Letters (TEL) is an openly accessible journal published bimonthly. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of theoretical economics. All manuscripts m…
Dexiao Ren
I n this paper, the Chinese stock market is analyzed from the perspective of participating in the game. Under the interaction of the participants, the model forms two stable equilibriums. The ideal equilibrium is that most people tend to invest in real invest…
Esra Şimşek, Mehmet Orhan
The aim of this paper is to demonstrate the impact of high leverage observations on the performances of prominent and popular Heteroskedasticity-Consistent Covariance Matrix Estimators (HCCMEs) with the help of computer simulation. Firstly, we figure out high…
Xingfa Zhang, Qiang Xiong
This article provides an alternative approach to estimate the functional coefficient ARCH-M model given by Zhang, Wong and Li (2016) [1]. The new method has improvement in both computational and theoretical parts. It is found that the computation cost is save…
Sudipendra Nath Roy, Avik Sinha
Th is paper discusses the macroeconomic factors which are responsible for the spread of Buruli Ulcer. As the definitive indicators for the transmission of this neglected tropical disease have not been found yet, therefore, the indicators being found by means…
Cristiana Parisi, Paola Rossi
The purpose of this paper is to develop a Human Capital Report focused on the competency profile of the key employees. Employing the case study of Biomedical Branch of University of Florence, we have designed a strategy map centred on key stakeholders: studen…
Guenther Sandleben
B y drawing on his critically developed labour theory of value, Marx was able to provide a satisfactory answer to the question of unequal exchange—that is, the question of how the law of value regulates exchange between two or more countries. Unlike the propo…
Michele Alessandrini, Marcello Messori
The purpose of this paper is to compare the efficiency of capitalistic and cooperative firms by focusing on the workers’ effort in production activity, when this effort is only known to workers, thus causing information asymmetries between workers and manager…
Fengna Ge
Central economical zone is an important part of China’s regional economy. As a new growth pole, it will have a programmatic guidance to the reconstruction of the regional economy territory. Its development will have a significant positive impact on our countr…
Hiromi Ishizuka
The purpose of this study is to contribute to the economic revitalization of Japan by learning from other countries through a consideration of diversity. From Chinese urban areas, we study an example of a fluid labor market, and a firmly rooted movement of wo…
Vaishali Padake, Bhargavi Karamcheti, T. Geetha
This paper examines the empirical relevance of the flexible price monetary model in the Indian context to determine whether US dollar-Indian rupee exchange rate movements are in line with the changes in monetary fundamentals namely relative money supply, rela…
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Theoretical Economics Letters (TEL) is an openly accessible journal published bimonthly. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of theoretical economics. All manuscripts m… All articles are open access under a CC BY 4.0 licence, with authors retaining copyright.
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