Procyclical meaning

(economics) Moving in the same direction as the overall state of an economy.

The employment rate is procyclical, when the economy is doing well more people are working, when it's not doing well, fewer people are working.

adjective
0
0
(public policy) Magnifying the cyclical fluctuations of an economy.
adjective
0
0
Advertisement

Origin of procyclical

  • From pro- +‎ cyclical.
    From Wiktionary