Danat exposure is measured as above-average exposure or presence of a branch

Evidence

The dummy danat takes on a value of one if a city has above-average exposure or a branch of Danatbank. āˆ†income is the change in city-level incomes over the sample period. — Sebastian Doerr et al., Financial Crises and Political…, 261

This table reports results for variants of regression equation (2). The dummy danat takes on a value of one if a city has above-average exposure or a branch of Danatbank. vote share VRP denotes the vote share of the ā€œVolksrechtsparteiā€. In columns (3)–(7), Danat is interacted with the share of Jews in the city population; Jews working in the financial sector as a share of total employment in the financial sector in 1882; and the employment share of financial services in 1882. All shares are standardized. — Sebastian Doerr et al., Financial Crises and Political…, 287

Categorization

  • DEFINE: Pins down what ā€˜danat’ actually codes in the regression — the treatment variable’s construction, essential for interpreting any coefficient in the table.
  • XREF: Connects to the chapter’s main identification strategy, where the Danatbank failure (led by a Jewish banker) versus the Dresdner failure supplies the framing contrast. — connects to: Exposure to Danatbank is coded as above-average exposure or a city branch. — Sebastian Doerr et al., Financial Crises and Political…, 291; The study measures Danatbank exposure through firm connections and branch presence. — Sebastian Doerr et al., Financial Crises and Political…, 79; Danat exposure is orthogonal to observable city characteristics except population. — Sebastian Doerr et al., Financial Crises and Political…, 90
  • corroborated: 2 independent passages support this claim — Sebastian Doerr et al., Financial Crises and Political…, 261; Sebastian Doerr et al., Financial Crises and Political…, 287

Broader Connections