EconPapers    
Economics at your fingertips  
 

Right-Wing Political Extremism in the Great Depression

Alan de Bromhead (), Barry Eichengreen () and Kevin O'Rourke ()

No 17871, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: We examine the impact of the Great Depression on the share of votes for right-wing anti-system parties in elections in the 1920s and 1930s. We confirm the existence of a link between political extremism and economic hard times as captured by growth or contraction of the economy. What mattered was not simply growth at the time of the election but cumulative growth performance. But the effect of the Depression on support for right-wing anti-system parties was not equally powerful under all economic, political and social circumstances. It was greatest in countries with relatively short histories of democracy, with existing extremist parties, and with electoral systems that created low hurdles to parliamentary representation. Above all, it was greatest where depressed economic conditions were allowed to persist.

JEL-codes: N0 N14 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cdm, nep-his, nep-hpe and nep-pol
Date: 2012-02
Note: DAE IFM
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14) Track citations by RSS feed

Published as "Political Extremism in the 1920s and 1930s: Do the German Lessons Generalize?" (with Alan de Bromhead and Keven O'Rourke), Journal of Economic History (July 2013).

Downloads: (external link)
http://www.nber.org/papers/w17871.pdf (application/pdf)

Related works:
Working Paper: Right Wing Political Extremism in the Great Depression (2012) Downloads
Working Paper: Right Wing Political Extremism in the Great Depression (2012) Downloads
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:nbr:nberwo:17871

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w17871

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().

 
Page updated 2019-12-14
Handle: RePEc:nbr:nberwo:17871