Procyclical
Definition, Meaning & Examples
Part of speech adjective
Quick meaning: Procyclical is an adjective meaning (economics) Moving in the same direction as the overall state of an economy.
Meaning
(economics) Moving in the same direction as the overall state of an economy.
More Meanings
- (public policy) Magnifying the cyclical fluctuations of an economy.
Example Sentences
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.
Antonyms for procyclical
Common opposites include countercyclical.
Related Words
Related dictionary entries include contracyclical, anticyclic, anticyclical, cyclical, homothetic, symplectic.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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