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A Heliocentric Journey into Germany´s Great Depression

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  • Weder, Mark

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 for by sunspots. --

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Paper provided by Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes in its series SFB 373 Discussion Papers with number 2003,50.

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Date of creation: 2003
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Handle: RePEc:zbw:sfb373:200350

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  1. Mark Weder, 2005. "A Heliocentric Journey into Germany's Great Depression," School of Economics Working Papers 2005-13, University of Adelaide, School of Economics.
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Cited by:
  1. Weder, Mark, 2003. "A Heliocentric Journey into Germany´s Great Depression," SFB 373 Discussion Papers 2003,50, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.

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