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Spanish to English translations [PRO]
Finance (general) | | Spanish term or phrase: un efecto procíclico | ..el efecto colchón de las ganancias acumuladas durante la bonanza (llamado house money effect, en alusión al optimismo típico del jugador de casino que va ganando) tendrá un *efecto procíclio*.
Thanks in advance |
| Dave PughKudoZ activityQuestions: 263 ( 2 open) ( 6 closed without grading) Answers: 80
| | Local time: 20:57
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| | A PROCYCLICAL EFFECT | Explanation:
If you Google it, you will get lots of links
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Note added at 6 mins (2009-08-18 10:33:33 GMT)
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Increasing during booms and decreasing during recession |
| Selected response from:
  Eileen Brophy
Local time: 20:57
| Grading comment Thanks for the help
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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5 mins confidence:  peer agreement (net): +6 | |
The translation workplace 
