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A Heliocentric Journey into Germany's Great Depression

Mark Weder

Economic History from University Library of Munich, Germany

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)
Date: 2005-10-21
New Economics Papers: this item is included in nep-his and nep-mac
Note: Type of Document - pdf
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https://econwpa.ub.uni-muenchen.de/econ-wp/eh/papers/0510/0510002.pdf (application/pdf)

Related works:
Journal Article: A heliocentric journey into Germany's Great Depression (2006) Downloads
Working Paper: A Heliocentric Journey into Germany's Great Depression (2005) Downloads
Working Paper: A Heliocentric Journey into Germany's Great Depression (2004) Downloads
Working Paper: A Heliocentric Journey into Germany's Great Depression (2004) Downloads
Working Paper: A Heliocentric Journey into Germany´s Great Depression (2003) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpeh:0510002

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