%0 Journal Article %T The Yokonuma-Temperley-Lieb Algebra %A Dimos Goundaroulis %A Jesus Juyumaya %A Aristides Kontogeorgis %A Sofia Lambropoulou %J Mathematics %D 2010 %I arXiv %X In this paper we introduce the Yokonuma-Temperley-Lieb algebra as a quotient of the Yokonuma-Hecke algebra over a two-sided ideal generated by an expression analogous to the one of the classical Temperley-Lieb algebra. The main theorem provides necessary and sufficient conditions for the Markov trace defined on the Yokonuma-Hecke algebra to pass through to the quotient algebra, leading to a sequence of knot invariants which coincide with the Jones polynomial. %U http://arxiv.org/abs/1012.1557v4