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We investigate the event-based geopolitical shocks from the Russian invasion of Ukraine on selected agricultural and …
Persistent link: https://www.econbiz.de/10014447271
For most of the post WWII period, until recently, trade protectionism followed a downward trend, and was formulated in multilateral or bilateral agreements between countries. Recently however, there hasbeen a sharp shift towards unilateral, discretionary trade policy focused on short term...
Persistent link: https://www.econbiz.de/10012481315
This paper explores the role of restrictions on the use of international reserves as economic sanctions. We develop a simple model of the strategic game between a sanctioning (creditor) country and a sanctioned (debtor) country. We show how the sanctioning country should impose restrictions...
Persistent link: https://www.econbiz.de/10013191083
that affect the equilibrium exchange rate. The dynamic behavior of the ruble exchange rate following Russia's military … invasion of Ukraine in February 2022 and the resulting sanctions is entirely consistent with the combined effects of these …
Persistent link: https://www.econbiz.de/10013191103
International disputes over subsidies are increasingly disrupting the world trading system. The creation of the WTO was … subsidies that violate existing WTO rules have led to the largest amount of authorized retaliation in GATT/WTO history. Yet the … rules with the creation of the WTO. Our results suggest that, although GATT subsidy rules were typically viewed as weak and …
Persistent link: https://www.econbiz.de/10012468402
Over the WTO years, the frequency of disputes and court rulings has trended downwards. Such trends are sometimes … offer evidence that the predictions of our model are consistent with WTO trade dispute data, and we take a first step …
Persistent link: https://www.econbiz.de/10012453937
limiting exports to Russia. The economic intuition is that when Russians are unable to buy the mix of foreign goods they wish …
Persistent link: https://www.econbiz.de/10013191024
The COVID-19 pandemic as well as the Russian invasion of Ukraine have had profound effects on the global energy …
Persistent link: https://www.econbiz.de/10014322883
to go to war with each other, even after controlling for a wide set of measures of geographic distance and other factors …
Persistent link: https://www.econbiz.de/10012463555
We argue that one major cause of the U.S. postwar baby boom was the rise in female labor supply during World War II. We … decisions. We use the model to assess the impact of the war on female labor supply and fertility in the decades following the … war. For the war generation of women, the high demand for female labor brought about by mobilization leads to an increase …
Persistent link: https://www.econbiz.de/10012464939