different between acyclical vs procyclical

acyclical

English

Etymology

From a- +? cyclical.

Adjective

acyclical (comparative more acyclical, superlative most acyclical)

  1. (economics) Moving independent of the overall state of an economy.

Synonyms

  • noncyclical

Coordinate terms

  • procyclical
  • countercyclical

Derived terms

  • acyclicality

acyclical From the web:



procyclical

English

Etymology

From pro- +? cyclical.

Adjective

procyclical (comparative more procyclical, superlative most procyclical)

  1. (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.
  2. (public policy) Magnifying the cyclical fluctuations of an economy.

Antonyms

  • countercyclical

Derived terms

  • procyclicality

See also

  • acyclical

procyclical From the web:

+1
Share
Pin
Like
Send
Share

you may also like