Assertion: fiscal policy | /r/HasProperty | cyclical
Facets:
value: markedly
type: DEGREE
Source sentences:
text: The estimated coefficient of the output gap in this regression can be interpreted as a measure of counter-cyclicality: a positive coefficient indicates that fiscal policy is counter-cyclical and a negative coefficient indicates that fiscal policy is pro-cyclical.
text: The estimated coefficient of the output gap in this regression can be interpreted as a measure of counter-cyclicality: a positive coefficient indicates that fiscal policy is counter-cyclical and a negative coefficient indicates that fiscal policy is pro-cyclical.
text: However, even with this caveat in mind, it is clear that fiscal policy in Australia is markedly counter-cyclical.