cyclical fluctuation

cyclical fluctuation

see BUSINESS CYCLE.
Cyclical fluctuationclick for a larger image
Fig. 35 Cyclical fluctuation. The pronounced short-term swings in output growth rates over the course of the BUSINESS CYCLE, around a rising long-term trend growth line for the country's GROSS NATIONAL PRODUCT.

cyclical fluctuation

the short term movements, both upwards and downwards, in some economic variable around a long-term SECULAR TREND line.

See DEMAND MANAGEMENT.

References in periodicals archive ?
Chinese government takes active measures to reduce the cyclical fluctuation in residential property development industry and support the optimization of industrial structure and destocking of residence.
For the better evaluation of the control effect, this paper defines cyclical fluctuation rate, which refers to peak fluctuation coefficient of cylinder pressure.
Fukuda (2008) differentiated between classical cycles (calling them business cycles) and growth cycles in the mechanism of their formation, dividing chosen countries into those showing one or the other scheme of cyclical fluctuation.
While the Columbus regional economy exhibits greater cyclical fluctuation, a labor market feature that is not enviable, the other important message in this figure has to do with long-term labor market health.
discretionary action offsets some, but not all, of the cyclical fluctuation in the budget balance in the upturn, suggesting some pro-cyclicality) and [[gamma].
Another line has found that variation in the rate of job destruction over the business cycle explains most of the cyclical fluctuation in unemployment.
They propose as an explanation that the most recent recessions have been marked by higher degrees of structural adjustment to cyclical fluctuation than had been the case in the past.
The extent of the cyclical fluctuation in government revenues depends on two factors: i) the size of the initial level of taxation (the average tax rate); and ii) the elasticity of taxation with respect to changes in output (the marginal tax rate).
TIL was formed in January 2014 to opportunistically purchase, operate and sell modern secondhand tankers to benefit from cyclical fluctuations in the tanker market.
The proper implementation of fiscal and monetary policy can help reduce cyclical fluctuations and be able for the economy of a country to progress its GDP (gross domestic products) in the world.
Zhou said, 'If there are too many pro-cyclical factors in the economy, cyclical fluctuations are magnified and there is excessive optimism during the period, accumulating contradictions that could lead to the so-called Minsky Moment.
Long known for its ultra-luxury developments, Dubai recognises that the next leg of growth is going to come from the affordable segment as it appeals to wider audiences, offers more choice at multiple price points to its visitors and thus structurally protect the sector against cyclical fluctuations at home and abroad.