Definition of countercyclical in English:
countercyclical
adjectiveˌkaʊntəˈsʌɪklɪk(ə)lˌkaʊntəˈsɪklɪk(ə)l
Economics Contrary to or tending to counteract the fluctuations in an economic cycle.
they used countercyclical monetary policy to try to stabilize prices
Example sentencesExamples
- In effect, the total economy possesses an automatic countercyclical mechanism.
- We know that the share of self-employment in the economy is a countercyclical measure.
- The committee tried to make emergency checks permanent with about $66 billion for countercyclical payments over 10 years.
- In the early 1960s, party policymakers moved beyond these built-in countercyclical effects.
- Even prior to the advent of these grants, welfare's role as a countercyclical measure was waning.