Chowdhry, Sonali; Hinz, Julian; Kamin, Katrin; Wanner, … - 2022
This paper examines the impact of coalitions on the economic costs of the 2012 Iran and 2014 Russia sanctions. By … sanctions potential - the maximum welfare change attainable - when sanctions are scaled vertically, i.e. across sectors up to an … Russia inflicted considerable economic harm, yielding 32 - 37% of the vertical sanctions potential. Our key finding is that …