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Author:Weder, M.
Title:A heliocentric journey into Germany's great depression
Journal:Oxford Economic Papers
2006 : APR, VOL. 58:2, p. 288-316
Index terms:economic history
recession
Germany
Language:eng
Abstract:This article 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 to sunspots.
SCIMA record nr: 264736
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