Hysteresis (economics)
Jump to navigation
Jump to search
Hysteresis (economics) [r]: The failure of an economic variable to return to its initial equilibrium after a temporary shock, for example when productive capacity that becomes unemployed during a recession is not returned to employment when the recession is over. [e]
This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.