Countercyclical: Difference between revisions
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imported>Doug Williamson (Undo revision 19456 by Doug Williamson (talk)) |
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Opposite to Procyclical. | Opposite to Procyclical. | ||
== See also == | == See also == | ||
Revision as of 14:12, 13 May 2016
An economic or financial policy that works against the cyclical tendencies in the economy.
Countercyclical policies cool down the economy when it is in an upswing, and stimulate the economy when it is in a downturn.
Opposite to Procyclical.
