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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…
Ghazi Samawi, Ismail Abushaikha, Loay Salhieh, Metri Mdanat, Abdelsalam Al-Rashid
Recent literature emphasized purchasing as a strategic function to improve competitiveness, but existing purchasing models lack a comprehensive approach to define the variety of purchasing practices in purchasing strategic categories. This paper assesses purc…
Nguyen Van Bon
Questions concerning the relationship between public capital spending and economic growth under different institutional environments are of great analytical and empirical interest. This paper investigates the role of institutional quality in the public invest…
Samih Antoine Azar
This paper tackles the rather recent weekly period from January 18, 2005 to February 28, 2018, encompassing 523 observations. The portfolio is constructed from the perspective either of a US investor or of a Lebanese one, since the US dollar foreign exchange…
Jeffrey Yi-Lin Forrest, Michael E. Trebing, Anindya Chatterjee, Joachim Wagner, 1 1
Based on the exponentially growing literature in recent years on international trade and firm performance, this paper develops a general theory for this area based on systemic logic and game theory. After developing two theorems on the dynamics of the domesti…
Samih Antoine Azar, Honorable Judge Khaled Abdallah
Theory predicts that the optimal foreign exchange rate policy of a central bank, in the presence of perfect capital mobility, and a persistent expansionary fiscal policy, is to fix this rate. Since these fundamentals apply to Lebanon, the Lebanese central ban…
Rebecca Abraham
This paper contrasts high-risk, hedge fund trading, with low-risk, mutual fund trading, in terms of their differing utility functions. We envision hedge funds, led by informed traders who use information to seek out investment opportunities, timing market con…
Sebastian O. Uremadu, Patience C. Orikara, Charity E. Uremadu
This study investigates the relationship between government recurrent expenditures and economic growth in Nigeria for 18 years: 1999-2016. In doing this, the paper disaggregated government current expenditures into five categories used as explanatory variable…
Anwar Al-Gasaymeh, Gouher Ahmed, Tariq Mehmood, Haitham M. Alzoubi
This is a study of the application of the purchasing power parity propositions to the interesting cases of India & Pakistan through the Co-integration method. The results of the Co-integrations of both the nations demonstrate that the exchange rates are more…
Timothy A. Krause
There have been various studies of potential violations of put-call parity in US equity options markets, and the purpose of this study is to examine one potential explanation of these anomalous results. Cremers and Weinbaum [1] indicate a potential trading st…
Atanu Adhikari
While conventional pricing strategy involves sellers to decide price of a tourism product, tourism companies carry the risk of capacity underutilization in many occasions when fixed costs are already incurred. Pay What You Think Fair (PWYTF) pricing mechanism…
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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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