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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…
Rebecca Abraham, Joel Auerbach
A foreign currency mortgage is debt for the purchase of residential property denominated in foreign currency. The borrower makes monthly payments in foreign currency. Devaluation of the domestic currency results in higher monthly payments. Practitioners have…
Andreas Karathanasopoulos, Adam Zaremba, Mohammed Osman, Mateusz Mikutowski
The motivation for this research paper is the application of two novel models in the prediction of crude oil index. The first model is a generic deep belief network and the second model is an adaptive neural fuzzy inference system. Furthermore we have to emph…
Sami Bacha
This paper shed s light on the effect of corporate governance practices and audit quality on the cost of debt. Particularly, we investigate the effect of the ownership structure and the audit committee independance, as well as the reputation of the external a…
Umar Butt
In this paper we explore the static trade-off theory of capital structure under different governance structures. We find that good governance firms have leverage ratios that are higher (forty-seven percent) than poor governance firms per unit of profit. Evide…
Junwook Yoo
This study analyzes the minimum dimension of statistically sufficient aggregation when performance measures are joint-normally distributed. Statistically sufficient aggregates incur no loss of information during the aggregation process and provide robustness…
Fazıl Kayıkçı, Sümeyye Kaplan
Inflation targeting strategy has emerged as the result of new pursuits and researches actualized due to insufficiency of monetary policies — implemented for price stability by the central banks until 1990s — in reaching the required consequences in both devel…
Surjit Kumar Kar, Saroj Kanta Biswal
Research on entrepreneurship domain and its different dimensions is not new. This paper explores entrepreneurial orientation of Indian millennial and their motivations using open source R/RQDA packages through a qualitative para digm. The sociological method…
Sheeba Kapil, Jayesh Gupta
The focus of the study is to provide a detailed account of how various strategy-specific or composite hedge fund indices have performed in the past. The study analyses returns (monthly) of different hedge funds. The study selected popular categories of Hedge…
Osamu Mori
This study discusses the characterization of the lexicographic maximin (leximin) choice rule using an axiom related to the Lorenz criterion, which states that a utility vector that Lorentz dominates a solution vector should not be Pareto dominated by any feas…
Nehal Joshipura, Mayank Joshipura
We provide evidence of the volatility effect from the Indian markets using the universe of past and present constituents of Nifty 500 index of National Stock Exchange (NSE). The results show that the portfolio consisting of low volatility stocks outperforms 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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