Juglar cycles

E764577

Juglar cycles are medium-term economic fluctuations, typically lasting 7–11 years, associated mainly with investment in fixed capital and business equipment.

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Statements (47)

Predicate Object
instanceOf business cycle
economic concept
economic cycle
associatedWith bank lending
business equipment investment
capacity expansion
capacity utilization
credit conditions
fixed capital investment
fluctuations in business investment
industrial production
characterizedBy changes in credit availability
changes in interest rates
changes in profits and business expectations
fluctuations in fixed capital formation
investment booms and busts
field business cycle theory
economic history
macroeconomics
firstDescribedBy Clément Juglar NERFINISHED
firstDescriptionCentury 19th century
hasAlternativeName fixed investment cycle
investment cycle
hasPhase contraction phase
expansion phase
recession phase
recovery phase
hasTemporalScale intermediate between short and long cycles
hasTypicalDuration 7–11 years
medium term
influences employment levels
investment decisions
output levels
longerThan Kitchin cycles NERFINISHED
namedAfter Clément Juglar NERFINISHED
partOf theory of business cycles
relatedTo Kitchin cycles NERFINISHED
Kondratiev waves NERFINISHED
Kuznets cycles
shorterThan Kondratiev waves NERFINISHED
Kuznets cycles NERFINISHED
timeScaleComparedTo medium-term relative to Kitchin cycles and Kondratiev waves
typicalLengthLowerBoundYears 7 GENERATED
typicalLengthUpperBoundYears 11 GENERATED
usedIn economic forecasting
empirical studies of business cycles
macro-economic modeling

Referenced by (1)

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Business Cycles relatedConcept Juglar cycles