The Internet has accelerated the capability of firms to coordinate processes and personnel across organizational and geographic boundaries, which has in turn facilitated a dramatic increase in globalization. This globalization includes the development of new multinationals from emerging economies that are challenging developed-economy firms. This paper investigates how firms use the Internet to...

T his paper investigates the movement between stock market bubbles and fluctuations in aggregate variables within a DSGE model for the Iranian economy. We apply a new Keynesian monetary framework with nominal rigidity in wages and prices based on the study by Ikeda (2013), which is developed with appropriate framework for the Iranian economy. We consider central bank behavior differe...

This paper investigates some of the man~estations and major forces driving the emergence of the new economy. A model of the virtual enterprise is proposed and investigated in the context of a virtual industry value chain. The transition to the virtual economy is definitely technology driven but is also shaped by social, economic, institutional forces. As such, it raises a number of significant ...