Also available for retreats, meetings, conferences, parties, and more! Public hours for tours are usually Saturday & Sunday 1:00â 5:00 pm unless otherwise posted at the Mill. Private tours are available by appointment.3536 Bryan Park Road, Yellow Springs, OH 45387.
Implementation Lag. DEFINITION of 'Implementation Lag'. The time lag between when a macroeconomic shock or other adverse condition is recognized by central banks and the government, and when a corrective action is put into place.
The effect of implementation lag on investment trigger depends on project reversibility and growth rate. Conventional results (that longer lag and greater uncertainty raise investment trigger) are overturned if the project is sufficiently reversible and/or has a high enough growth rate.