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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…
Christos G. Kampouris
The objective of the present article is to examine the effect that Economic Value Added (EVA) has on the market values of companies. In doing so, we utilize a large sample of European stocks, over the period 2015-2020, and compare the above relationship betwe…
Sugam Agarwal, Smruti Ranjan Behera
This paper investigates the impact of neighbouring effects on the geographical concentration of manufacturing and service industries at the district level using India’s Economic Census (2013) data. As empirical literature suggests, spillovers do not recognize…
Basil Dalamagas, John Leventides, Stefanos Tantos
A central issue in Public Economics is the appropriate design of a tax system that will succeed in reconciling the concepts of equity and efficiency. In the present study, the standard assumption of the household’s utility being dependent on consumption (inco…
Tobias F. Rötheli
Mathematics has many advanced applications in economics. By contrast, this note applies very simple instruments. We explore a range of cases where the proposition makes sense that one plus one is more or less than two. A first case drawn from commerce documen…
Dennis Ridley, Felipe Llaugel
The parsimonious three-dimensional capitalism, democracy, rule of law (CDR) growth model shows that real per capita gross domestic product (GDP) adjusted for purchasing power parity (GDPppp) is explained almost entirely by only three intangible variables. It…
Yuanto Kusnadi, Bin Srinidhi, Ye Sun, Jiwei Wang
We examine the relationship between active independent directors and earnings quality for U.S. firms. We construct measures that proxy for activeness of independent directors and find that the proportion of active independent directors is under half on averag…
Nancy Youssef
In this paper, we investigate the link between the well-known traditional finance and economic asset class and the digital currencies. The present study is undertaken to investigate the impact of the COVID-19 on the Financial Markets and the four major Crypto…
Panagiotis G. Artikis, Lydia G. Diamantopoulou, Christos G. Kampouris
The present paper examines the ability of factor pricing models to explain the returns of U.S. stock market sectors. Using monthly data for ten U.S. sectors, from October 1989 to December 2020, classified according to the Global Industry Classification Standa…
Hui Gao, Tianchen Gao
The internationalization of the futures market has a certain impact on the internationalization of the RMB, and the opening up of futures varieties to the outside world is the most important link in the internationalization of the futures market, and it is ne…
Eliane Araujo, Elisangela Araujo, Fernando Ferrari-Filho
This article analyses, theoretically and empirically, the countercyclical economic policies, in particular the fiscal and monetary ones, implemented by the Brazilian Economic Authorities (BEAs) in response to the International Financial Crisis (IFC), 2007-200…
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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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