What was the market value of daimler during the german hyperinflation?

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The claim of Bresciani-Turroni that Daimler's equity capital reached the equivalent of only 327 of their cars during the German hyperinflation has spread widely through the hyperinflation literature. There are two critical errors in Bresciani-Turroni's calculation, and the minimum market value of Daimler in November 1922 was far lower, at around 94 cars. (JEL E31, G12)

Original languageEnglish
Pages (from-to)172-173
Number of pages2
JournalEconomic Inquiry
Issue number1
Publication statusPublished - Jan 2011
Externally publishedYes

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