| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP12806 |
| DP12806 From Finance to Fascism: The Real Effect of Germany’s 1931 Banking Crisis | |
| Hans-Joachim Voth; Sebastian Doerr; Stefan Gissler; José-Luis Peydró | |
| 发表日期 | 2019-03-07 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Do financial crises radicalize voters? We study Germany's banking crisis of 1931, when two major banks collapsed and voting for radical parties soared. We collect new data on bank branches and firm-bank connections of 5,610 firms. Incomes plummeted in cities affected by the bank failures; connected firms curtailed payrolls. Nazi votes surged in locations exposed to Danatbank, led by a Jewish manager - but not in those suffering from the other bank's failure. Unobservables or pre-trends do not explain the results. Danatbank's collapse boosted Nazi support, especially in cities with deep-seated anti-Semitism, suggesting a synergy between cultural and economic channels. |
| 主题 | Economic History ; Financial Economics |
| 关键词 | Financial crises Real effects Extremism Polarisation Nazi party Great depression Germany |
| URL | https://cepr.org/publications/dp12806-1 |
| 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/542429 |
| 推荐引用方式 GB/T 7714 | Hans-Joachim Voth,Sebastian Doerr,Stefan Gissler,等. DP12806 From Finance to Fascism: The Real Effect of Germany’s 1931 Banking Crisis. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
