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Austerity and the Rise of the Nazi party / Gregori Galofré-Vilà, Christopher M. Meissner, Martin McKee, David Stuckler.
- Format:
- Book
- Author/Creator:
- Galofré-Vilà, Gregori.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w24106.
- NBER working paper series no. w24106
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2017.
- Summary:
- We study the link between fiscal austerity and Nazi electoral success. Voting data from a thousand districts and a hundred cities for four elections between 1930 and 1933 shows that areas more affected by austerity (spending cuts and tax increases) had relatively higher vote shares for the Nazi party. We also find that the localities with relatively high austerity experienced relatively high suffering (measured by mortality rates) and these areas' electorates were more likely to vote for the Nazi party. Our findings are robust to a range of specifications including an instrumental variable strategy and a border-pair policy discontinuity design.
- Notes:
- Print version record
- December 2017.
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