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Austeritätspolitik der Ära Brüning hat den Wirtschaftseinbruch verstärkt und die Arbeitslosigkeit erhöht

Ettmeier, Stephanie; Kriwoluzky, Alexander - In: DIW-Wochenbericht : Wirtschaft, Politik, Wissenschaft 89 (2022) 24, pp. 345-350

Im Mai 2022 hat sich das Ende von Reichskanzler Heinrich Brünings Amtszeit zum 90. Mal gejährt. Bis heute sind die ökonomischen Auswirkungen von Brünings extremer Austeritätspolitik noch immer ungeklärt. Neue Daten und Berechnungen erlauben erstmals die Quantifizierung der ökonomischen...

Persistent link: https://www.econbiz.de/10013284930

Brünings austerity policies of the early 1930s intensified the economic slump and increased unemployment

Ettmeier, Stephanie; Kriwoluzky, Alexander - In: DIW weekly report : economy, politics, science : a … 12 (2022) 24/25, pp. 163-168

May 2022 marked the 90th anniversary of the end of Heinrich Brüning’s term as Reich Chancellor. To this day, the economic effects of Brüning’s extreme austerity measures remain unclear. However, new data and calculations have made an initial quantification of the economic consequences of...

Persistent link: https://www.econbiz.de/10013285625

Inflation expectations and the recovery from the Great Depression in Germany

Daniel, Volker; Ter Steege, Lucas - 2018

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

A Heliocentric Journey into Germany's Great Depression

Weder, Mark - C.E.P.R. Discussion Papers - 2004

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 1927-32 period. The artificial economy predicts the 1928-32 depression and a long boom from 1933 onwards. Overall, a tangible...

Persistent link: https://www.econbiz.de/10005667073

Unemployment and Real Wages in Weimar Germany

Dimsdale, N H; Horsewood, N; Riel, A van - Economics Group, Nuffield College, University of Oxford - 2004

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

Some Observations on the Great Depression in Germany

Weder, Mark - C.E.P.R. Discussion Papers - 2003

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

Unemployment and Real Wages in Weimar Germany

Dimsdale, Nicholas; Horsewood, N.H. - Department of Economics, Oxford University - 2004

Persistent link: https://www.econbiz.de/10010701816

A Heliocentric Journey into Germany's Great Depression

Weder, Mark - School of Economics, University of Adelaide - 2005

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...

Persistent link: https://www.econbiz.de/10008520861

A Heliocentric Journey into Germany's Great Depression

Weder, Mark - EconWPA - 2005

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

The Role of Real Wages, Productivity, and Fiscal Policy in Germany's Great Depression 1928-37

Fisher, Jonas D.M.; Hornstein, Andreas - In: Review of Economic Dynamics 5 (2002) 1, pp. 100-127

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