Your English writing platform
Discover LudwigDictionary
great moderation
proper noun
A reduction in the volatility of business cycle fluctuations starting in the mid-1980s.
Exact(60)
These days, though, the great moderation isn't looking quite so great — or so moderate.
That's why it's called the Great Moderation.
"We even gave it a name: the Great Moderation.
And much of the great moderation is real.
And it would mark the end to the Great Moderation.
Economists announced the Great Moderation of business cycles.
Economists and pro-trade activists called it "The Great Moderation".
It's this period of great moderation that is now over.
The Volcker disinflation ushered in what many of us call the Great Moderation.
Thereafter productivity became sharply countercyclical, contributing to the "jobless recoveries" of the Great Moderation era.
The "Great Moderation"—years of low inflation and stable growth fostered complacency and risk-taking.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com