A Heliocentric Journey into Germany's Great Depression

The paper finds empirical evidence on the ripple effect of sunspots on the interwar German economy. It identifies a sequence of negative shocks to expectations for the 1927 to 1932 period. The artificial economy predicts the 1928-1932 depression and a long boom from 1933 onwards. Overall, a tangible fraction of interwar output volatility is attributed to sunspots.

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Year of publication:	2005-10-21
Authors:	Weder, Mark
Institutions:	EconWPA
Subject:	Sunspots \| Great Depression \| Germany \| Temin (1971)

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Extent:	application/pdf
Series:	Economic History.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf
Classification:	E32 - Business Fluctuations; Cycles ; N14 - Europe: 1913-
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005125857