Austerity and the Rise of the Nazi party

Earlier versions of this paper were presented at the Australian National University, Bocconi University, Hitotsubashi University, Humboldt University, NBER, New York University, New York University-Shanghai, Shanghai University of Finance and Economics, UC Berkeley, UC Davis, UC Irvine, UCLA, University of Groningen, University of Michigan and the 2018 World Economic History Congress. We thank Maja Adena, Barbara Biasi, Dan Bogart, Fabio Braggion, Barry Eichengreen, Ruben Enikolopov, Harold James, Sanford Jacoby, Peter Lindert, Dan Liu, Petra Moser, Maria Petrova, Burkhard Schipper, Nico Voigtländer, Hans-Joachim Voth and Noam Yuchtman, for a series of constructive suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

• December 6, 2017
• November 2, 2018
• April 23, 2019