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Hyperinflation von 1923. Bis heute herrscht in der deutschen Bevölkerung und Politik eine Inflationsaversion. Anlässlich dieses … Bevölkerungsgruppen und den Staat ganz unterschiedlich. Schließlich stellt sich die Frage, wie die Hyperinflation überwunden werden konnte …
Persistent link: https://www.econbiz.de/10014233631
. This even holds for the turning point from gallop-ing inflation to hyperinflation in June/July 1922- …
Persistent link: https://www.econbiz.de/10014225721
Contemporary analyses of the Weimar Hyperinflation, by Hahn, Bortkiewics, and Mises, have been inadequately appreciated … hyperinflation's stylised facts. The latter two treated expectations as forward looking, related to the fiscal situation, in the … hyperinflation that has no exact parallel in modern treatments of the topic …
Persistent link: https://www.econbiz.de/10014052122
This paper explores the relationship between Nazi membership and social mobility using a unique and highly detailed dataset of military conscripts and volunteers during the Third Reich. We find that membership of a Nazi organisation is positively related to social mobility when measured by the...
Persistent link: https://www.econbiz.de/10011635924
Persistent link: https://www.econbiz.de/10010412456
hat in seiner jüngeren Geschichte eine Hyperinflation dieser Intensität erlebt. Obwohl die Zeitzeugen längst tot sind …
Persistent link: https://www.econbiz.de/10013186281
Germany’s hyperinflation resulted from a confluence of several factors, all of which contributed to a temporary …
Persistent link: https://www.econbiz.de/10014225722
The German hyperinflation in 1923 was caused by monetary financing of the highly deficient German state budget by a de …-pendent central bank. The social and economic consequences of the hyperinflation were disastrous. Combined with an instable politi …-cal atmosphere, paving the way for the rise of the Nazis, the hyperinflation is deeply etched in the German collective memory. It is …
Persistent link: https://www.econbiz.de/10014233648
The Weimar hyperinflation is a textbook example of how inflation develops. All the factors usually associated with …
Persistent link: https://www.econbiz.de/10014233690
This paper studies how a large increase in the price level is transmitted to the real economy through firm balance sheets. Using newly digitized macro- and micro-level data from the German inflation of 1919-1923, we show that inflation led to a large reduction in real debt burdens and...
Persistent link: https://www.econbiz.de/10014322686