Countercyclicality vs Countercyclical - What's the difference?
countercyclicality | countercyclical | see also |
(economics) Moving in the opposite direction as the overall state of an economy
(public policy) Dampening the cyclical fluctuations of an economy.
Countercyclicality is a see also of countercyclical.
As a noun countercyclicality
is the quality of being countercyclical .As an adjective countercyclical is
(economics) moving in the opposite direction as the overall state of an economy.countercyclical
English
Adjective
(en adjective)- "The unemployment rate is countercyclical , it's lower when economic health is high, and higher when the economic health is lower."
