The employment rate is procyclical, when the economy is doing well more people are working, when its not doing well, fewer people are working.
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Procyclical — is a term used in economics to describe how an economic quantity is related to economic fluctuations. It is the opposite of countercyclical. However, it has more than one meaning.Meaning in business cycle theoryIn business cycle theory and… … Wikipedia
procyclical — adj. * * * … Universalium
procyclical — adj … Useful english dictionary
Real Business Cycle Theory — (or RBC Theory) is a class of macroeconomic models in which business cycle fluctuations to a large extent can be accounted for by real (in contrast to nominal) shocks. (The four primary economic fluctuations are secular (trend), business cycle,… … Wikipedia
Countercyclical — Economics … Wikipedia
Robert Hall (economist) — Robert Ernest Bob Hall (1943) is an American economist at Stanford University with a wide variety of interests. He is generally considered a macroeconomist, but he describes himself as an applied economist . [ [http://www.stanford.edu/ rehall/… … Wikipedia
government economic policy — ▪ finance Introduction measures by which a government attempts to influence the economy. The national budget generally reflects the economic policy of a government, and it is partly through the budget that the government exercises its three … Universalium
Stabilisation policy — A stabilization policy is a package or set of measures introduced to stabilise a financial system or economy.The term can refer to policies in two distinct sets of circumstances: business cycle stabilization and crisis stabilization.Business… … Wikipedia
Basel II Accord — Basel II (also known as Βασιλεία ΙΙ in Greek) is the second of the Basel Accords, which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision. The purpose of Basel II, which was initially… … Wikipedia
Capital requirement — The capital requirement is a bank regulation, which sets a framework on how banks and depository institutions must handle their capital. The categorization of assets and capital is highly standardized so that it can be risk weighted.… … Wikipedia
