procyclical effect 助周期性或顺周期性
Some suggest replacing corporate and sovereign ratings with credit-default-swap prices, but these too can be procyclical.
一些人提议用信用违约互换的价格来替代公司和主权信用评级,但其同样也会扩大经济波动。
But such downturns are more severe in countries with the Anglo-Saxon sort of financial system, because their lending is more procyclical.
不过对于那些拥有英美式金融体系的国家来说,这种下滑会更加严重,因为他们的信贷行为更加具有顺周期的性质。
It is found that TFP growth rate increases by degrees generally but fluctuates markedly and shows the procyclical characteristic.
结果发现,我国全要素生产率总体上是递增的,但波动剧烈且呈现顺周期的特征。
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