A Heliocentric Journey into Germany's Great Depression

Mark Weder

No 2005-13, School of Economics and Public Policy Working Papers from University of Adelaide, School of Economics and Public Policy

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 to 1932 period. The artificial economy predicts the 1928-1932 depression and a long boom from 1933 onwards. Overall, a tangible fraction of interwar output volatility is attributed to sunspots.

Keywords: sunspots; Great Depression; Germany; Temin (1971) (search for similar items in EconPapers)
JEL-codes: E32 N14 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2005
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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 (2004)
Working Paper: A Heliocentric Journey into Germany's Great Depression (2004)
Working Paper: A Heliocentric Journey into Germany´s Great Depression (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:adl:wpaper:2005-13

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