Citation

Discussion Paper Details

Please find the details for DP4191 in an easy to copy and paste format below:

Full Details   |   Bibliographic Reference

Full Details

Title: A Heliocentric Journey into Germany's Great Depression

Author(s): Mark Weder

Publication Date: January 2004

Keyword(s): applied dynamic general equilibrium, germany, great depression and indeterminacy

Programme Area(s): International Macroeconomics

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 1927-32 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 for by sunspots.

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=4191

Bibliographic Reference

Weder, M. 2004. 'A Heliocentric Journey into Germany's Great Depression'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=4191