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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…
Masayuki Matsui, 1 1
Since Industrial Revolution and the division of labor, the wealth of nations is more and more increasing. Although the smaller division of labor is better in GDP, but mass production with larger lot (quantity) is better since Fordism and the division of quant…
Dionysios Karavidas
I consider an integrated model consisting of a system of two symmetric regions and the rest of the world that features 1 ) globalization, 2 ) regional heterogeneity in productivity , and 3 ) taste bias over domestic and foreign goods as key determinants of sp…
Christophe Schinckus
Recent years have witnessed a series of economic problems and financial crises, the recent subprime debacle being one of the worst. All these events called traditional economics into question and new perspectives have been developed to take into account the c…
Vandana Gupta
This paper analyzes the impact of open market repurchase (OMR) route of buyback on the stock prices of a data set of 30 Indian listed firms which had gone for buyback in the FY16. The author has applied event study methodology to calculate abnormal returns an…
S. Venkata Seshaiah, Trilochan Tripathy
This study examines the Gross Domestic product purchasing power parity per capita (GDP PPP per capita) and its determinants using the panel data method to test for unit roots in Brazil, Russia, India, China, and South Africa (BRICS). The main dependent variab…
Johan Fellman
Income distributions are commonly unimodal and skew with a heavy right tail. Different skew models, such as the lognormal and the Pareto, have been proposed as suitable descriptions of income distribution and applied in specific empirical situations. More wid…
Xiangsheng Dou
Although agriculture is an important source of greenhouse gas (GHG) emissions, yet it has huge potentials for GHG emissions reduction. Therefore, vigorously to develop low-carbon agriculture is one of the most important means for China to achieve the targets…
Papageorgiou Christos, Kalamara Eleni, Komninos Dimitrios, Dermatis Zacharias, Anastasiou Athanasios, Liargovas Panagiotis
Corruption is a political, economic, cultural and moral problem and it is considered as a universal phenomenon that exists in all developed and developing countries, in public and private sectors, as well as in non-profit and charity organizations. The aim of…
Kazuhiro Takino
In this study, we propose an equilibrium pricing rule to capture a characteristic observed in the practical option market. The market has observed that the implied volatility derived from the Black-Scholes formula is monotonically decreasing with the strike p…
José Antonio Núñez, Mario I. Contreras-Valdez, Alfredo Ramírez-García, Eduardo Sánchez-Ruenes
This paper addresses one of the main issues regarding numerical derivatives valuation, particularly the search for an alternative to the normality assumption of underlying asset returns, to obtain the price by using numerical techniques. There might be diffic…
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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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