Juglar Cycle
Version 1.0.0 · Updated 2026-07-28
CORE DEFINITION
The Juglar cycle, proposed by French physician Clément Juglar, was introduced in his 1862 book 'On the Economic Crises of Germany, England, and the United States and Their Development Cycles', which put forward a theory of economic cycles with a ten-year cycle, where each cycle goes through 'expansion', 'explosion', and 'liquidation'. Later, this medium-length economic cycle was named the 'Juglar cycle', also known as the 'Juglar' medium cycle.
SCAFFOLDING EFFECT
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The Juglar cycle, proposed by French physician Clément Juglar, was introduced in his 1862 book 'On the Economic Crises of Germany, England, and the United States and Their Development Cycles', which put forward a theory of economic cycles with a ten-year cycle, where each cycle goes through 'expansion', 'explosion', and 'liquidation'. Later, this medium-length economic cycle was named the 'Juglar cycle', also known as the 'Juglar' medium cycle.
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A medium-term economic fluctuation of approximately 7–11 years proposed by Clément Juglar, primarily driven by equipment investment and credit expansion/contraction.
MINIMUM ACTION
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Source support: Explicit
- zh.wikipedia.orghttps://zh.wikipedia.org/wiki/%E6%9C%B1%E6%A0%BC%E6%8B%89%E5%91%A8%E6%9C%9Fverified
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