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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…
Amarnath Mitra, Vishwanathan Iyer, Anto Joseph
The present study attempts to track the transmission of volatility across major international stock markets over a span of 20 years, which includes both crisis (contagion form) and non-crisis pe riods. It also investigates whether global transmission of volat…
Tomohiko Konno
We show that coordination always occurs in scale-free networks by social local interactions regardless of the values of parameters, while it occurs in regular networks if and only if the number of links times a payoff parameter exceeds the threshold. Scale-fr…
Ekaterina Vorotnikova, Serhat Asci
Empirical estimation of a theoretical multi-output production model that uses multiple inputs is difficult because of the complexities of its functional form. By using proper parameterization to linearize theoretical model’s functional form, this paper develo…
Nguyen Bao Anh, Aggey Semenov
To explain fluctuations of base metals prices we propose a model of short-run pricing based on trade in international exchanges. We introduce the critical tradeoff of choosing the share of material input from risky mining extraction versus risk-free recycling…
Kazuki Hiraga
This paper compares with two conditions of dynamic (in)efficiency, which is “traditional” and “modified” in overlapped generations (OLG) model with endogenous fertility. We show that both two conditions of dynamic efficiency have a bliss point which maximizes…
Nguyen Bao Anh, Aggey Semenov
The real price of base metals exhibits a decreasing trend over time. We model base metals prices as the equilibrium of aggregate supply and demand. This allows us to study the effect of determinants of base metals prices. The trend in the price of base metals…
Gökhan Çinar, Adnan Hushmat, Ayşe Uzmay
The purpose of this research is to study the relation between wheat price shocks and speculative movements. VAR model is developed to analyze the data. Impulse-Response functions and Variance Decomposition method are used to analyze the size of relationship a…
Amadou Maiga Ousseini, Xiaojuan Hu, Badamassi Aboubacar
Capital inflow is an important factor for a country’s economy. In this paper our main purpose is to investigate or to assess if the capital from abroad has a significant impact on economic growth in Niger. Our analysis takes data from 1980 to 2012 into consid…
Lin Zhang
This paper investigates time-consistent plans by incorporating the reference-dependent consumption model with endogenous labor supply. To what extent these plans can help the consumer overcome the double self-control problems of over-consumption and late-reti…
Qingjie Liu, Huachun Wang
To promote the preparation of the financial budget of more scientific and reasonable, this study adopts the revenue and expenditure data from 1950 to 2013, and applying Johansen cointegration test, error correction model and Granger causality test of causatio…
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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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