In this paper we propose a novel way to model the labor market in the context of a New-Keynesian general equilibrium model, incorporating labor market frictions in the form of hiring and firing costs. We show that such a model is able to replicate many important stylized facts of the business...

In this paper we propose a novel way to model the labor market in the context of a New-Keynesian general equilibrium model, incorporating labor market frictions in the form of hiring and firing costs. We show that such a model is able to replicate many important stylized facts of the business...

The purpose of this paper is to present the role of multinational companies in general then its role in Sudan with particular emphasis on oil exploration and extraction. Chinese companies of multi-nationalities currently control the newly born oil industry in the country. Needless to say that...

In the modern era of investing, diversification has become the cornerstone of most asset managers' investment philosophy. Within the equity space, the primary focus of most institutional investors has been to diversify their active equity managers – combining equity funds exhibiting...

The study presented here reviews activities of NGOs in Sudan by surveying and studying the activities of Save the Children of United Kingdom. Activities of NGOs in Sudan were always a controversial issue that resulted in the expulsion of many in 2009. There were also precedents of such...

How can we explain that in 2008/2009 the global stock markets plummeted –50% in nine months only to rebound by 60% over the following nine months? Why did investors price in the future earnings of the global stock market at 35 times the market price at the height of the TMT bubble, while the...

The secession of the South was officially proclaimed on Monday 7 February 2011. That marked the beginning of a new era in the history of the Sudan. However, that was not passively or heedlessly received by the Sudanese, as has been wrongly promulgated by some mass media. The mass of the Sudanese...

Since independence in 1956, the structure of domestic production and export sectors, the level of capacities to absorb economic shocks, and the historically market-oriented nature of the economy, when taken collectively, they constitutes distinguishing characteristics of Sudan economy at...

This is the first part of a book I started writing in the year 2008 under the title of Sad Triology: The Crisis of a Nation. I name this chapter the Delirium as it represents the political response to what happens in the country due to the international outrage and pressures to Darfur Crisis....