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The Sword and the Shield : The Economics of Targeted Sanctions
Ahn, Daniel P. - 2019
estimate the impact on firm performance from smart sanctions deployed by the U.S. and EU against Russia beginning in 2014. We …
Persistent link: https://www.econbiz.de/10012871020
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The Global Sanctions Data Base – Release 3 : COVID-19, Russia, and Multilateral Sanctions
Syropoulos, Constantinos; Felbermayr, Gabriel J.; … - 2022
period of coverage from 1950-2019 to 1950-2022, which includes two special periods – COVID-19 and the war between Russia and … trade. We also obtain estimates of the effects on trade of the 2014 sanctions on Russia …
Persistent link: https://www.econbiz.de/10014241203
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Do China and Russia Undermine US Sanctions? Evidence from DiD and Event Study Estimation
Gutmann, Jerg; Neuenkirch, Matthias; Neumeier, Florian - 2022
panel difference-in-differences estimations and an event study design. Motivated by the claim that China and Russia … purposefully undermine US sanction efforts, we test whether target countries’ trade with China and Russia increases under US trade … sanctions. We find no evidence for systematic sanction busting. Russia does not change its trade patterns with sanctioned …
Persistent link: https://www.econbiz.de/10014241320
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Price Trends Over the Product Life Cycle and the Optimal Inflation Target
Adam, Klaus - 2019
We document a new stylized fact for the life-cycle behavior of consumer prices: relative to a narrowly defined set of competing products, the price of individual products tends to fall over the product lifetime. This holds true for more than 90% of the expenditure items underlying the U.K....
Persistent link: https://www.econbiz.de/10012860579
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Exchange Rate and Inflation Under Weak Monetary Policy : Turkey Verifies Theory
Gürkaynak, Refet S.; Kısacıkoğlu, Burçin; Lee, … - 2022
For the academic audience, this paper presents the outcome of a well-identified, large change in the monetary policy rule from the lens of a standard New Keynesian model and asks whether the model properly captures the effects. For policymakers, it presents a cautionary tale of the dismal...
Persistent link: https://www.econbiz.de/10014083478
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Point Targets, Tolerance Bands, or Target Ranges? Inflation Target Types and the Anchoring of Inflation Expectations
Ehrmann, Michael - 2021
Inflation targeting is implemented in different ways – most often by adopting point targets, by having tolerance bands around a point target, or by specifying target ranges. Using data for 20 economies, this paper tests whether the various target types affect the anchoring of inflation...
Persistent link: https://www.econbiz.de/10013231960
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The Eurozone as an Inflation Target Zone
Posta, Pompeo Della; Tamborini, Roberto - 2022
In the revised monetary policy strategy of the European Central Bank (ECB), “price stability is best maintained by aiming for two per cent inflation over the medium term”, with “symmetric commitment” to this target. “Symmetry means that the Governing Council considers negative and...
Persistent link: https://www.econbiz.de/10014243104
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Optimal Policy Under Dollar Pricing
Egorov, Konstantin - 2020
Recent empirical evidence shows that most international prices are sticky in dollars. This paper studies the optimal policy implications of this fact in the context of an open economy model, allowing for an arbitrary structure of asset markets, general preferences and technologies, time-or...
Persistent link: https://www.econbiz.de/10012834360
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Isolating a Culture of Son Preference Among Armenian, Georgian, and Azeri Parents in Soviet-Era Russia
Schief, Matthias; Vogt, Sonja; Churilova, Elena; … - 2023
sex-selective abortions, the fertility decisions of Armenian, Georgian, and Azeri parents living in Russia in the late … 1970s and the 1980s were significantly more son-biased than those of other ethnic groups in Russia. This finding suggests …
Persistent link: https://www.econbiz.de/10014347353
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Russians' "Impressionable Years" : Life Experience During the Exit from Communism and Putin-Era Beliefs
Pyle, William - 2020
This article links Russians' individual experiences during the late-Gorbachev and early-Yeltsin years to the beliefs those same individuals espoused in the Putin era, over a decade later. Drawing on questions, some of which are retrospective, from the first wave of the Life in Transition Survey,...
Persistent link: https://www.econbiz.de/10012830108