Nazi vote share gained an extra 2.5 percentage points in Danat-exposed cities.

Evidence

Figure 2 summarizes our main finding. It plots the distributions of the change in vote shares for the Nazi Party between September 1930 and July 1932 – the last election before the banking crisis, and the first one after it. The Nazis gained votes everywhere, but the distribution is sharply shifted to the right for Danat-exposed cities, where votes for the NSDAP increased by an additional 2.5 p.p. (equal to 15% of the mean vote change and 0.37 sd). — Sebastian Doerr et al., Financial Crises and Political…, 96

Categorization

• corroborated: 2 independent passages support this claim — Sebastian Doerr et al., Financial Crises and Political…, 96
• recurring: this claim recurs 3 times within its source
• XREF: connects to: Nazi gains in exposed cities appeared only after the banking crisis, not before.; German banks’ nationwide lending allows cross-city identification of crisis effects. — Sebastian Doerr et al., Financial Crises and Political…, 76; Danatbank-exposed cities saw a 2.9-percentage-point extra rise in Nazi vote share. (+8 more)

Broader Connections

• Danatbank-exposed cities saw a 2.9-percentage-point extra rise in Nazi vote share. #corroborates (0.95)
• Danat exposure raised Nazi voting 1.7 to 2.5 percentage points across robustness checks. #corroborates (0.90) — Sebastian Doerr et al., Financial Crises and Political…, 104
• Danatbank exposure raised Nazi vote share across multiple federal elections. #expands (0.80) — Sebastian Doerr et al., Financial Crises and Political…, 254
• The Danat collapse boosted Nazi votes beyond nationwide crisis effects #expands (0.75) — Sebastian Doerr et al., Financial Crises and Political…, 150
• Danat exposure radicalized Nazi voting beyond the income losses it caused #complicates (0.70) — Sebastian Doerr et al., Financial Crises and Political…, 113