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 implementation lag follows the recognition lag, which measures how long it takes before the adverse condition is even noticed. Because the broad economy is such a complex set of moving parts, time delays are inevitable when trying to recognize, diagnose and fix macroeconomic shocks.