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Call for papersThe 2026 special issue on Climate & Health is open for submissions.Learn more
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…
Katsufumi Fukuda
We consider a semi endogenous R & D growth model with international trade, foot-loose capital, and local and international knowledge spillovers in a closed economy and also international knowledge spillovers in an open economy. We show that by opening trade t…
Erich Gundlach, Martin Paldam
The religious transition is the decline of religiosity with rising levels of income. The empirical robustness of the transition has been demonstrated. It appears that the transition is driven by the substitution of scientific knowledge for religious beliefs,…
Masayuki Otaki
This article considers macro and welfare economic implications concerning foreign direct investment under a flexible exchange rate system. There are serious conflicts between foreign-invested firms and their home country as a whole. Although lower wages incen…
Oleksandr Zhylyevskyy
The model of Bates specifies a rich, flexible structure of stock dynamics suitable for applications in finance and economics, including valuation of derivative securities. This paper analytically derives a closed-form expression for the joint conditional char…
Masayuki Otaki
This article provides a microeconomic foundation for Mundell’s optimum currency area theory. We consider twin countries where labor forces are fixed to each country although the real capital moves internationally. When the central bank in each country behaves…
Ken-ichi Hashimoto
We develop a North-South trade model including the opportunity for outsourcing in a variety expansion framework and derive the effect of an increase in outsourcing on long-run growth. We find that the effect of increased outsourcing on the growth rate of prod…
Masaoki Tamura
While some donors boast about their giving, others give anonymously. A novel feature of this paper is that anonymity is endogenously controlled by donors themselves, not exogenously controlled by fundraisers. Is anonymous giving really a virtue, as is general…
Mónica García-Pérez
Using a simple search model, with urn-ball derived matching function, this paper investigates the effect of firm owner’s and coworkers’ nativity on hiring patterns and wages. In the model, social networks reduce search frictions and wages are derived endogeno…
Birendra K. Mishra, Srinivasan Raghunathan
Li [1] examined the incentives for information sharing in a two-level supply chain in which there are a manufacturer and many competing retailers. Li showed that direct and leakage effects of information sharing discourage retailers from sharing their informa…
Roland Pongou, Bertrand Tchantcho, Narcisse Tedjeugang
This paper examines the distribution of earnings in a new model of hierarchical multi-task organizations. Each such organization is defined by a finite set of workers and tasks together with a production function that maps each allocation of workers to the ta…
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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.
Authors submit their manuscript, metadata, and declarations through the portal. There is no submission fee.
The editorial office screens the manuscript for scope, completeness, and formatting before assigning a handling editor.
At least two independent reviewers evaluate the manuscript under single-blind review. Where revisions are required, authors respond point by point.
On acceptance the article processing charge is invoiced and the CC BY 4.0 copyright handover is signed.
The article is copyedited, typeset, and given a DOI, then publishes open access with a permanent link.
Manuscripts must be original and not under consideration elsewhere. Submit in Microsoft Word or LaTeX with figures at 300 dpi minimum. Structure research articles as Abstract, Introduction, Methods, Results, Discussion, and References.
Use the journal's numbered (Vancouver) reference style. Cite sources consecutively in the order they appear, and ensure every reference is complete and retrievable.
Declare all funding sources, conflicts of interest, and ethical approvals (including informed consent and animal-care statements where applicable).