| Tekijä: | Weder, M. |
| Otsikko: | A heliocentric journey into Germany's great depression |
| Lehti: | Oxford Economic Papers
2006 : APR, VOL. 58:2, p. 288-316 |
| Asiasana: | economic history recession Germany |
| Kieli: | eng |
| Tiivistelmä: | 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. |
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