Kondratiev Wave

An economic theory created by Soviet economist Nikolai Kondratiev that states that Western capitalist economies are susceptible to high performance volatility.

Also known as "Kondratiev cycle".

Kondratiev called these large performance fluctuations "super-cycles," which last 50-60 years. Kondratiev claimed to have predicted in the 1920s the stock market crash of 1929, also known as Black Thursday. His prediction was based on the market crash of 1870.

Investment dictionary. . 2012.

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  • Kondratiev wave — Also widely written as Kondratieff . In heterodox economics, Kondratiev waves also called grand supercycles, surges, long waves, or K waves are described as regular, sinusoidal cycles in the modern (capitalist) world economy. Fifty to sixty years …   Wikipedia

  • Kondratiev cycle — Kon‧dra‧ti‧ev cy‧cle [kɒnˈdrætiev ˌsaɪkl ǁ kɑːn ] also Kondratieff cycle also Konˈdratiev ˌwave noun [countable] ECONOMICS the idea that in a capitalist economy, periods of fast growth are followed by periods of slo …   Financial and business terms

  • KONDRATIEV — RUSSIA (see also List of Individuals) 5.12.1899 Saint Petersburg/RU 8.12.1985 Leningrad/RU Nikolai Evgenievich Kondratiev graduated in 1930 as a civil engineer from the Leningrad Polytechnic Institute LPI after having been involved from 1924 to… …   Hydraulicians in Europe 1800-2000

  • Nikolai Kondratiev — Born 4 March 1892( …   Wikipedia

  • Onda Kondratiev — Las ondas de Kondratiev, también llamadas ciclos largos de la actividad económica, son descritas como fluctuaciones cíclicas de largo plazo, con forma sinusoidal, de la moderna economía mundial capitalista. La duración de cada onda o ciclo largo… …   Wikipedia Español

  • Kondratieff Wave — A long term cycle present in capitalist economies that represents long term, high growth and low growth economic periods. This theory was founded by Nikolai D. Kondratieff (also spelled Kondratiev ), a Communist Russia era economist who noticed… …   Investment dictionary

  • Grand supercycle — A Grand Supercycle is the longest period, or wave, in the growth of a financial market as described by the Elliott Wave Principle, originally proposed by Ralph Nelson Elliott. Elliott speculated that a Grand Supercycle advance had started in the… …   Wikipedia

  • Business cycle — Economics …   Wikipedia

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  • Joseph Schumpeter — Infobox Scientist name = Joseph Schumpeter caption = Joseph Schumpeter birth date = birth date|1883|2|8|mf=y birth place = Triesch, Moravia, Austria Hungary death date = death date and age|1950|1|8|1883|2|8|mf=y death place = Taconic, Connecticut …   Wikipedia

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