| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP12806 |
| DP12806 Financial crises and political radicalization: How failing banks paved Hitler's path to power | |
| Hans-Joachim Voth; Sebastian Doerr; Stefan Gissler; José-Luis Peydró | |
| 发表日期 | 2018-03-22 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | Do financial crises radicalize voters? We study Germany's 1931 banking crisis, collecting new data on bank branches and firm-bank connections of over 5,500 firms. Exploiting cross-sectional variation in pre-crisis exposure to failing banks, we show that Nazi votes surged in locations more affected by the financial crisis. Radicalization in response to the shock was exacerbated in cities with a history of anti-Semitism. After the Nazis seized power, both pogroms and deportations were more frequent in places affected by the banking crisis. Our results suggest an important synergy between financial distress and cultural predispositions, with far-reaching consequences. |
| 主题 | Economic History ; Financial Economics |
| 关键词 | Financial crisis Political extremism Populism Anti-semitism Culture Great depression |
| URL | https://cepr.org/publications/dp12806-3 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541615 |
| 推荐引用方式 GB/T 7714 | Hans-Joachim Voth,Sebastian Doerr,Stefan Gissler,et al. DP12806 Financial crises and political radicalization: How failing banks paved Hitler's path to power. 2018. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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