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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…
Giuseppe Rose
This paper contributes to the debate concerning micro-foundations of matching functions in frictional labor markets. The focus is on a particular matching regime, i.e. , the so-called urn-ball process. It is shown that in a twosector economy, even in the pres…
M. C. Minimol
The study was intended to reveal the relationship among the spot and future price of crude oil, which in turn will help in determining the prices of crude oil. While structuring a portfolio, high correlation among assets alone cannot be taken as a satisfactor…
Ludovic Goudenège, Andrea Molent, Xiao Wei, Antonino Zanette
We introduce the Fourier-Cosine method for pricing and hedging insurance derivatives. We implement this method for a particular problem of variable annuities under the Black-Scholes model for the investment account. The numerical results show the reliability…
G. P. Girish, S. Vijayalakshmi
In this study , we investigate whether Indian Spot Electricity Price Series exhibit Inverse-Leverage effect by modeling Indian spot electricity price using ARIMA-EGARCH model using data given by Indian Energy Exchange from January 1 st 2014 to 31 st December…
Wenxing Zhou, Jie Zhang
Partly because interregional divergence for several decades in China had been concluded, Chinese development path is always criticized by many western scholars. However, this paper argues for an actual convergence in evidence of new data set with explanation…
Amy Cissé, Pierre Mendy
Since 2005 in Senegal, progress in reducing poverty has stagnated. Successive exogenous shocks and a slowdown in reforms have, in part, reduced average growth to 3.3%, a rate barely above that of population growth (2.5%). Exogenous shocks include floods, whic…
Tamura Masaoki
This study examines the signaling roles of political parties and political adver tising. Although politicians’ types are unobservable during an election, their party affiliations and political advertisements are observable to the voters. Through these two pol…
Valiaparampil Joseph Sebastian, Rakesh Gupta
Indian retail sector has been a strong area of interest and discussion both within and outside India for a number of reasons. India has the highest retail density in the world dominated by small retail outlets, which many call as “mom & pop” stores. But the s…
Cristian F. Sepulveda
The lump-sum tax is broadly regarded by standard optimal tax theory as the only non-distortionary tax instrument; any other tax instrument distorts relative prices and thus creates a deadweight loss. This paper discusses an unintended effect of lump-sum taxat…
Debra-Ann Katrina Collyer, Daniel Petrus Schutte, Pieter Van der Zwan
Downstream beneficiation in the South African mining industry is promoted in the Mineral and Petroleum Resources Development Act. This research evaluated the influence of existing tax and royalty legislation in promoting downstream beneficiation, and the econ…
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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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