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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…
Lihua Han, Hikaru Ogawa
Using a simple mixed oligopoly model, this paper examines the relationship between mar ket- open ings to foreign capital and privatization of a domestic public firm. Two types of market-openings are considered. First is that, given the number of the firms, th…
Vincent Boitier
This theoretical note aims at studying the role of reference points in generating unemployment volatility. For this purpose, I introduce the notion of reference points in a standard Mortensen- Pissarides model. I obtain two results. First, I find that the obt…
Mohammed H. S. Al Ashry, 1 1
During periods of high interest rates, businesses utilize their own capital, merge with other busi nesses, or diversify, and borrow when it is absolutely necessary. People also avoid hardship through refinancing during economic slowdowns because interest rate…
Samir Amine, Phillippe Scrimger
In this paper we analyse the gaps in economic welfare that exist between skilled and unskilled labor in Canada. Following the work of Chardon [1] [2] and Amossé and Chardon [3] , we use compe- tency levels as defined in the National Classification of Occupati…
Masayuki Matsui
Our global world is under the variety of individual bodies on the division of work. This paper would consider the invisible body-balancing network and economics by a medium approach. This medium approach originated from the Newsboy problem, and would be attai…
Hyungho Youn, Victor J. Tremblay
In this paper we develop a stochastic version of a dynamic Cournot model. The model is dynamic because firms are slow to adjust output in response to changes in their economic environment. The model is stochastic because management may make errors in identify…
Vicente German-Soto, Luis Gutiérrez Flores
A dynamic panel data (DPD) model is estimated to assess the contribution of the average schooling years, the education expenditure and the inventive coefficient—as an approximation for innovation—to the increased productivity of the Mexican states. The potent…
Gideon Yaniv, Erez Siniver
In July2010, a10 percent federal sales tax on indoor tanning, known as the tan tax, went into effect. Applauding the imposition of the new tax, the American Academy of Dermatology (AAD) foresees that by discouraging indoor tanning, the tan tax will significan…
Negin Vaghefi, Chamhuri Siwar, Sarah Aziz Abdul Ghani Aziz
Developing countries like most of Islamic countries need an economy that promote s growth and development, conserve s natural capital, create s jobs, improve s human well-being, and alleviate s poverty and inequality. Such an economy is called green economy.…
Andrew C. Chang
This note investigates an effect of financial intermediaries on bilateral exchange. In a search theo retic framework, it is possible for Pareto inefficient outcomes in bilateral exchanges between firms and laborers, when firms are forced to secure liquidity t…
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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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