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Debunking the idea that interwar hyperinflation in Germany led to the rise of the Nazi party

Summary:
Prof Gregori Galofré-Vilà of Universidad Pública de Navarra in this LSE blogpost explains his recent research: How much hyperinflation in interwar Germany contributed to the rise of the Nazis to political power is still, nearly a century later, a topic of debate. Gregori Galofré-Vilà explores the political and social consequences of hyperinflation in over 500 cities using prices and election returns for the seven federal elections held between 1924 and 1933 and find no connection between the traumatic experience of hyperinflation and the electoral success of the Nazis nearly a decade later. This entry was posted on October 22, 2021 at 2:10 pm and is filed under Academic research & research papers, Central Banks / Monetary Policy,

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Prof Gregori Galofré-Vilà of Universidad Pública de Navarra in this LSE blogpost explains his recent research:

How much hyperinflation in interwar Germany contributed to the rise of the Nazis to political power is still, nearly a century later, a topic of debate. Gregori Galofré-Vilà explores the political and social consequences of hyperinflation in over 500 cities using prices and election returns for the seven federal elections held between 1924 and 1933 and find no connection between the traumatic experience of hyperinflation and the electoral success of the Nazis nearly a decade later.

Amol Agrawal
I am currently pursuing my PhD in economics. I have work-ex of nearly 10 years with most of those years spent figuring economic research in Mumbai’s financial sector.

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