Abstract

http://ssrn.com/abstract=2010403
 
 

Citations (2)



 
 

Footnotes (40)



 


 



Right-Wing Political Extremism in the Great Depression


Alan De Bromhead


affiliation not provided to SSRN

Barry Eichengreen


University of California, Berkeley - Department of Economics; Centre for International Finance and Regulation (CIFR); National Bureau of Economic Research (NBER); Centre for Economic Policy Research (CEPR)

Kevin O'Rourke


University of Oxford

February 2012

NBER Working Paper No. w17871

Abstract:     
We examine the impact of the Great Depression on the share of votes for right-wing anti-system parties in elections in the 1920s and 1930s. We confirm the existence of a link between political extremism and economic hard times as captured by growth or contraction of the economy. What mattered was not simply growth at the time of the election but cumulative growth performance. But the effect of the Depression on support for right-wing anti-system parties was not equally powerful under all economic, political and social circumstances. It was greatest in countries with relatively short histories of democracy, with existing extremist parties, and with electoral systems that created low hurdles to parliamentary representation. Above all, it was greatest where depressed economic conditions were allowed to persist.

Institutional subscribers to the NBER working paper series, and residents of developing countries may download this paper without additional charge at www.nber.org.

Number of Pages in PDF File: 35

working papers series


Date posted: February 24, 2012  

Suggested Citation

de Bromhead, Alan and Eichengreen, Barry and O'Rourke, Kevin, Right-Wing Political Extremism in the Great Depression (February 2012). NBER Working Paper No. w17871. Available at SSRN: http://ssrn.com/abstract=2010403

Contact Information

Alan De Bromhead (Contact Author)
affiliation not provided to SSRN ( email )
No Address Available
Barry Eichengreen
University of California, Berkeley - Department of Economics ( email )
549 Evans Hall #3880
Berkeley, CA 94720-3880
United States
510-642-2772 (Phone)
510-642-0822 (Fax)
Centre for International Finance and Regulation (CIFR) ( email )
Level 7, UNSW CBD Campus
1 O'Connell Street
Sydney, NSW 2000
Australia

National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
Kevin O'Rourke
University of Oxford ( email )
Mansfield Road
Oxford, Oxfordshire OX1 4AU
United Kingdom
Feedback to SSRN


Paper statistics
Abstract Views: 235
Downloads: 21
Citations:  2
Footnotes:  40

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo7 in 0.266 seconds