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This article shows that the typologies of economic cycles and long run growth in Lebanon seem to be modified over the 1970-2009 period. Before 1990, the end of the conflict which began in 1975, expansion’s phases record a longer duration than the phases of recession and the cyclic amplitudes...
Persistent link: https://www.econbiz.de/10010991373
This article shows that the business cycle magnitude and the output gap strongly varied in the Lebanon between 1970 and 2008, the most important variations taking place from 1975 to 1990 corresponding to the period of the civil war. Nevertheless, a decrease in the discrepancy between these two...
Persistent link: https://www.econbiz.de/10010538818
Cet article propose une estimation de la production potentielle et un modèle d’écart de production au Liban en utilisant plusieurs méthodes statistiques comme la méthode de la tendance linéaire, le filtre d’Hodrick-Prescott et la méthode de la tendance segmentée. Dans la mesure où le...
Persistent link: https://www.econbiz.de/10008876541
This paper shows the reasons for output gap fluctuations in Lebanon during the period 1970-2009 and causal relationships between macroeconomic variables. It indicates that the output gap fluctuations, that measures observed GDP fluctuations around its long-run trend, can be explained by...
Persistent link: https://www.econbiz.de/10009024429