Blagov, Boris; Dirks, Maximilian; Funke, Michael - 2024
Using Russia as a case study and a global VAR model as a methodological tool, we analyze how heightened geopolitical … response functions in response to the skyrocketing Russian geo-political risk shock after Russia's invasion of Ukraine revealed … the Russian geopolitical risk shock. We also document a strong component of the Russian geopolitical risk shock that is …