noun
Juglar cycle
A medium-term business cycle of about 7–11 years, driven by fluctuations in fixed investment. Used in economics.
ジュグラーのサイクルは設備投資の変動によって起こるとされる。
The Juglar cycle is said to be caused by fluctuations in capital investment.
Kitchin cycle is a shorter inventory cycle of about 3–5 years, while the Juglar cycle is a medium-term fixed-investment cycle.
Kondratiev wave is a long-term technological cycle of about 50–60 years, much longer than the Juglar cycle.
Named after French economist Clément Juglar, who identified this medium-term business cycle in the 19th century.