contracyclical

These segments have historically been contracyclical, which have helped us to diversify our earnings in the past.

unknown title 2011

It's reasonable to debate the merits of contracyclical monetary policy.

Library of Economics and Liberty 2010

France had rejoined the gold standard in 1926, and its central bank had resisted pressures to devalue the Franc until 1936, and it experienced large gold inflows (and according to Bernanke and Mihov kept to the "rules of the game" and did not sterilise gold inflows, and maintained a monetary policy that was generally contracyclical).

Citizendium, the Citizens' Compendium - Recent changes [en] 2009

France had rejoined the gold standard in 1926, and its central bank had resisted pressures to devalue the Franc until 1936, and it experienced large gold inflows (and according to Bernanke and Mihov kept to the "rules of the game" and did not sterilise gold inflows, and maintained a monetary policy that was generally contracyclical).

Citizendium, the Citizens' Compendium - Recent changes [en] 2009

Lacking the fiscal capacity to engage in contracyclical policy, the Commonwealth Caribbean colonies could only be passive in the face of this tremendous global economic shock.

Stabroek News 2009

France had rejoined the gold standard in 1926, and its central bank had resisted pressures to devalue the Franc until 1936, and it experienced large gold inflows (and according to Bernanke and Mihov kept to the "rules of the game" and did not sterilise gold inflows, and maintained a monetary policy that was generally contracyclical).

Citizendium, the Citizens' Compendium - Recent changes [en] 2009

France had rejoined the gold standard in 1926, and its central bank had resisted pressures to devalue the Franc until 1936, and it experienced large gold inflows (and according to Bernanke and Mihov kept to the "rules of the game" and did not sterilise gold inflows, and maintained a monetary policy that was generally contracyclical).

Citizendium, the Citizens' Compendium - Recent changes [en] 2009

France had rejoined the gold standard in 1926, and its central bank had resisted pressures to devalue the Franc until 1936, and it experienced large gold inflows (and according to Bernanke and Mihov kept to the "rules of the game" and did not sterilise gold inflows, and maintained a monetary policy that was generally contracyclical).

Citizendium, the Citizens' Compendium - Recent changes [en] 2009

When private individuals cut back nowadays, Governments not only maintain their expenditure, but actually increase it as a part of a contracyclical policy.

The Daily Reckoning Australia 2008

At some point in the future, this may lead to Governments having to cut back to avoid inflation, but the initial consequence is that Government spending acts as a contracyclical, anti-deflationary, force.

The Daily Reckoning Australia 2008