English - Turkish
Definition of pro- cyclical in English Turkish dictionary
- pro- cyclical
- pro-konjonktürel
- pro cyclical
- pro konjonktürel
- procyclical
- Ekonomik genişleme zamanında büyüme veya artış ve ekonomik daralma zamanında ise düşme veya azalış
Related Terms
English - English
Definition of pro- cyclical in English English dictionary
- procyclical
- 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.
- procyclical
- Magnifying the cyclical fluctuations of an economy
- procyclical
- The opposite of countercyclical, a procyclical good or service experiences greater activity/values when the economy grows and less activity when it stagnates or shrinks. Labor (Brad DeLong) and marginal cost (Mark Bils) are examples of things which have been shown to be procyclical
Related Terms
pro- cyclical
Hyphenation
pro- cy-cli-calPronunciation
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