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Die Ampelkoalition steht nach einem Regierungsjahr vor großen Herausforderungen. Der Krieg in der Ukraine und die steigenden Preise insbesondere im Bereich der Energie machen den Deutschen Sorgen und sie erwarten unterstützende Maßnahmen des Staates. Eine empirische Analyse der Forderungen...
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The article treats the history of Germany’s Great Inflation from 1914 to 1923. It focusses on explaining the turning points of wholesale price trends. It demonstrates that these were mostly triggered by national and international political decisions immediately impacting the mark exchange...
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Germany’s hyperinflation resulted from a confluence of several factors, all of which contributed to a temporary breakdown in state capacity and to unsustainable public sector deficits. Wartime debt deflated by 90% already in 1920. Informal wage indexation and failure to enforce collection of a...
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