procyclical
English
Etymology
From pro- + cyclical.
Adjective
procyclical (comparative more procyclical, superlative most procyclical)
- (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.
- (public policy) Magnifying the cyclical fluctuations of an economy.
Antonyms
- countercyclical
Derived terms
- procyclicality
See also
- acyclical