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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…
Linas Jurkšas, Vitalijus Klincevičius
The aim of this paper is to assess how relevant is the topic of sovereign bond valuations in official ECB Executive Board member speeches and what are the driving factors behind this topic. For this purpose, we downloaded over 2000 public ECB Executive Board…
Robert A. Agnew
The mathematical theory of ranked-choice voting is reviewed, with particular focus on Condorcet, Plurality, and Borda Count methods. Maximizing the Borda Count score is shown to be equivalent to minimizing the weighted arithmetic mean across ranks. This leads…
Theocharoula Magoula
The aim of this article is to examine the rates of return to education in the public and private sectors in Greece during the period 1977-2022. Overtime, rates of return on education in the public sector in Greece are lower than their counterparts in the priv…
Patrick Minford, Yongdeng Xu
In this short paper we review the intellectual history of indirect inference as a methodology in its progress from an informal method for evaluating early models of representative agents to formally testing DSGE models of the economy; and we have considered t…
Ivan Djossa Tchokoté, Ransome Epie Bawack
Business games seem like a sustainable solution to business and entrepreneurship education. Still, knowledge on the topic is so dispersed that educators lack a clear understanding of the conceptual path linking business games to business and entrepreneurship…
Maria-Cristina Zwak-Cantoriu, Lucian Claudiu Anghel
The main purpose of this paper is to investigate the volatility in the cryptocurrency market and the relationships between them, using the cryptocurrencies: Bitcoin, Cardano and Stellar. The results obtained suggest that volatility in cryptocurrency prices is…
Dongxu Li, Steve Yang
We propose a life-cycle model, where individuals facing uninsured labor income risks choose whether to participate in the stock market and make decisions on home ownership, in an environment with a social safety net and the retirement savings system. The mode…
Revaz Lordkipanidze, Anzor Abralava
The main goal of the research was to refine the analytical framework for assessing economic well-being and we obtained new economic indicators that very interestingly described the current state in the innovation sphere and the corresponding reserves and fisc…
Georgios Galyfianakis, 1 1
In this paper, we analyze the abnormal returns of European Energy indices and the factor loadings based on the well-known Fama and French three- factor (FF3) and five-factor (FF5) models. We extend this methodology by introducing one more factor, a European v…
Tuğba Demirtaş
Expansionary policies are implemented in periods when economies shrink and are generally considered to have a positive effect on growth. However, the structural differences, development levels and basic growth dynamics of the economies are as decisive as the…
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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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