usually as modifier Each of a series of cycles or waves of economic contraction and expansion lasting about fifty years, postulated by Kondratiev in the 1920s.
as modifier longer-term Kondratiev waves of growth and decline
Example sentencesExamples
- This reversed money-tide epitomizes the deflationary phase of the Kondratiev cycle.
- The Internet is arguably the most significant technology of the intermillennial era, the leading technology of the fifth Kondratiev wave.
- I began giving students my Kondratiev handout and telling them to invest long term in IBM and wait for a fifth Kondratiev wave.
- As a preliminary I would like to remind readers that a bull market in bonds is the sine qua non of the deflationary spiral under the Kondratiev cycle.
- The deflationary spiral under the long-wave Kondratiev cycle is far from over, in spite of appearances.