A Heliocentric Journey into Germany's Great Depression

Mark Weder

No 4191, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: 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 fraction of interwar output volatility is attributed for by sunspots.

Keywords: Indeterminacy; Great depression; Germany; Applied dynamic general equilibrium (search for similar items in EconPapers)
JEL-codes: E32 N14 (search for similar items in EconPapers)
Date: 2004-01
New Economics Papers: this item is included in nep-dge, nep-his and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://cepr.org/publications/DP4191 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: A heliocentric journey into Germany's Great Depression (2006)
Working Paper: A Heliocentric Journey into Germany's Great Depression (2005)
Working Paper: A Heliocentric Journey into Germany's Great Depression (2005)
Working Paper: A Heliocentric Journey into Germany's Great Depression (2004)
Working Paper: A Heliocentric Journey into Germany´s Great Depression (2003)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:4191

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP4191

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().