Juglar cycle

The Juglar cycle is a fixed investment cycle of 7 to 11 years identified in 1862 by Clément Juglar.[1] Within the Juglar cycle one can observe oscillations of investments into fixed capital and not just changes in the level of employment of the fixed capital (and respective changes in inventories), as is observed with respect to Kitchin cycles. 2010 research employing spectral analysis confirmed the presence of Juglar cycles in world GDP dynamics.[2]

Proposed economic waves
Cycle/wave namePeriod (years)
Kitchin cycle (inventory, e.g. pork cycle)3–5
Juglar cycle (fixed investment)7–11
Kuznets swing (infrastructural investment)15–25
Kondratiev wave (technological basis)45–60

See also

References

Further reading

朱格拉週期(Juglar Cycle)在股市之中的應用,十年周期的應用 《江恩周期與和諧交易》 神奇的江恩轉勢日

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