Ettmeier, Stephanie; Kriwoluzky, Alexander - In: DIW weekly report : economy, politics, science : a … 12 (2022) 24/25, pp. 163-168
economic effects of Brüning’s extreme austerity measures remain unclear. However, new data and calculations have made an … illustrates how the Weimar Republic’s economy could have developed without Brüning’s austerity measures. According to this model …, real GDP fell by around 4.5 percent overall in the reference year 1932 and unemployment rose sharply as a result of Brüning …