The major aims of this study are as follows. First, to macro model prospective developments in the Lebanese economy for policy analysis and evaluation. The main purpose of this study is to develop a dynamic macroeconomic model for Lebanon including the budget deficit and the funding of it, as...

The relationship between budget deficits and macroeconomic variables (such as growth, interest rates, trade deficit, exchange rate, among others) represents one of the most widely debated topics among economists and policy makers in both developed and developing countries. However, the purpose...

Over the past few decades the brisk development of information and communication technologies (ICT) has had a phenomenal impact on the economic stability and development of many countries. Empirical studies show that most developed economies have gained significant payoffs (in terms of economic...