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The paper finds empirical evidence on the ripple effect of sunspots on the interwar German economy. It identifies a … sunspots. …
Persistent link: https://www.econbiz.de/10008520861
Great Depression in Germany from 1927 to 1932. We identify loan supply shocks in the context of a time varying parameter …
Persistent link: https://www.econbiz.de/10012040313
Depression in the United States. Germany experienced a recovery as fast and strong in the 1930s. What role did inflation … Germany across two different methods: we conduct a narrative study of media sources and estimate inflation expectations from a …
Persistent link: https://www.econbiz.de/10012263133
Depression in the United States. Germany experienced a recovery as fast and strong in the 1930s. What role did inflation … Germany across two different methods: we conduct a narrative study of media sources and estimate inflation expectations from a …
Persistent link: https://www.econbiz.de/10012159651
Great Depression in Germany from 1927 to 1932. We identify loan supply shocks in the context of a time varying parameter …
Persistent link: https://www.econbiz.de/10012040280
We study the behavior of output, employment, consumption, and investment in Germany during the Great Depression of 1928 … to a small number of factors, the model accounts surprisingly well for the Depression in Germany. (Copyright: Elsevier) …
Persistent link: https://www.econbiz.de/10005091006
This paper contributes to the debate on the causes of unemployment in interwar Germany. It applies the Layard …-Nickell model of the labour market to interwar Germany, using a new quarterly data set. The basic model is extended to capture the … reinforcement of these factors may help to explain the severity of the interwar cycle in Germany. It also serves to emphasize the …
Persistent link: https://www.econbiz.de/10010701816
The Paper finds empirical evidence on the ripple effect of sunspots on the interwar German economy. It identifies a … a long boom from 1933 onwards. Overall, a tangible fraction of interwar output volatility is attributed for by sunspots. …
Persistent link: https://www.econbiz.de/10005667073
This paper contributes to the debate on the causes of unemployment in interwar Germany. It applies the Layard …-Nickell model of the labour market to interwar Germany, using a new quarterly data set. The basic model is extended to capture the … reinforcement of these factors may help to explain the severity of the interwar cycle in Germany. It also serves to emphasize the …
Persistent link: https://www.econbiz.de/10005730423
This Paper evaluates the role of the demand side during the Great Depression in Germany. From Euler equation residuals …
Persistent link: https://www.econbiz.de/10005792197