R ecent developments in open-economy macroeconomics have progressed under the paradigm of nominal price rigidities, where monetary disturbances are the main source of fluctuations. Following developments in closed-economy models, new open-economy models have combined price rigidities and market imperfections in a fully microfounded intertemporal general equilibrium setup. This framework has bee...

States and even local governments are increasingly realizing the need for long-term sustainable energy-environment planning as an integral part of their economic development program. These sub-national units are progressively playing a more active role in advancing policies for the reliability, environmental sustainability, and exploring the economic development impact of their energy resources...

The importance and benefits of expertise sharing for organizations in knowledge economy are well recognized. However, the potential cost of expertise sharing is less well understood. This paper proposes a conceptual framework called collective attention economy to identify the costs associated with expertise sharing and provide the basis for analyzing and understanding the cost-benefit structur...

In this issue, Robert Hayes has written provocatively about the implications of the digital economy for Operations Management (OM). Here I examine and illustrate a simple four-stage framework for thinking about these implications: advances in digital technology (stage 1) lead to business developments (stage 2), which impact the views of OM-relevant thought leaders (stage 3), which influence the...

Twentieth century equilibrium modeling depicts an end state toward which an economy tends, whereas the invisible hand, as Adam Smith depicted it, suggests an economy continually progressing as an increased division of labor is produced by growing markets. Thus, there is an inherent tension between the concepts of an equilibrium outcome versus the invisible hand process. The paper discusses diff...

Hymenoscyphus caudatus (P. Karst.) Dennis is given as new record for the mycobiota of Turkey. The macro and micromorphological characters species are provided together with localities collection, voucher numbers photographs related to its micromorphologies. .