Titlebook: German Macroeconomic History, 1880-1979; Andrea Sommariva,Giuseppe Tullio Book 1987 Palgrave Macmillan, a division of Macmillan Publishers

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,Long-Term Growth, Money and Inflation in Germany, 1880–1979: an Historical Overview,cribes the various phases of economic growth in relation to developments of factors of production (labour and capital). Other factors influencing economic growth, as technical progress, changes in the degree of openness of the economy, investment in human capital and changes in the terms of trade an

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,Monetary Policy and the Determinants of Gold-Flows in Gold Standard Germany: 1876–1913,ic factors which influenced the Reichsbank’s decisions to change the official discount rate. It also tries to answer the question of whether the Reichsbank followed the so-called ‘rules of the game’. At the risk of some oversimplification, the ‘rules of the game’ have been interpreted in the gold st

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,The Hyperinflation and Currency Depreciation in Germany, 1914–23,mber 1923, the wholesale price index rose on average by 45.6 per cent per month. Like everyone else living through rapid inflation, the Germans directed their invectives against businessmen, the financial community and farmers, who were thought to have sold goods at higher than ‘fair’ prices. In fac

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,An Annual Macroeconomic Disequilibrium Growth Model of the German Economy, 1880–1979,om 1880 to 1979 on annual data. It explains the trends and fluctuations in the rate of capital accumulation, output, employment, and the balance-of-payments. Its long-run properties are founded in neoclassical theory. The main aims of the model are first, to explain the interdependence between the m

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Precoolers for Refrigeration Condensers,ed their invectives against businessmen, the financial community and farmers, who were thought to have sold goods at higher than ‘fair’ prices. In fact, the rapid increase in the price level was caused by a rapid expansion of the stock of money induced by large government budget deficits.

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,Long-Term Growth, Money and Inflation in Germany, 1880–1979: an Historical Overview,s of the major items of the balance of payments in the various stages of economic growth. Section 1.4 deals with the changing role of government in the economy, and structural changes in the fiscal system, while Section 1.5 concentrates on the changes in the structure of the monetary system, on monetary policy and inflation.