The story
Identified in 1930 by Simon Kuznets.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: A claimed medium-range economic wave with a period of 15–25 years, associated with demographic processes such as the effect of immigration on construction rates. Full definition →
Identified in 1930 by Simon Kuznets.
Etymology from Wiktionary, CC BY-SA 4.0.