Astrov, Vasily; Grieveson, Richard; Kochnev, Artem; … - Wiener Institut für Internationale Wirtschaftsvergleiche - 2022
It remains unclear whether or not Russia will actually invade Ukraine, and if it does so, what form this invasion will … take. In this note, we outline two broad scenarios: targeted strikes by Russia in Ukraine accompanied by further non … sanctions on either Russian GDP or the FX rate. However, we find that Russia is extremely vulnerable to a reduction in the price …