The Juglar cycle is a fixed investment cycle of 7 to 11 years identified in 1862 by Clément Juglar. 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.

See also

  • Fixed investment
  • Business cycle

References

Further reading

  • Lewis, W. Arthur (1978). Growth and Fluctuations 1870–1913. London: Allen & Unwin. pp. 33–68. ISBN 0-04-300072-X.
  • Morgan, Mary S. (1990). The History of Econometric Ideas. New York: Cambridge University Press. pp. 40–44. ISBN 0-521-37398-0.

External links

  • Clement Juglar and the transition from crises theory to business cycle theories

Clément Juglar, « pionnier » méconnu « de la théorie moderne des cycles

Green Jaguar Prime Mtb Cycle., Rims Mac, Handle Bar Strate at Rs

No. 002 Kondriative Cycle & Juglar Cycle by Supercycle Investor w

Crisis at the end of each the most recent Juglar Cycles Download

Clément Juglar et la découverte du cycle des affaires Économie