The remarkable increase in the use of economic sanctions as a coercive tool of foreign policy over the past quarter century has been accompanied by an equally rapid growth in the number of academic and policy studies, which most often aim at quantifying the economic effects of sanctions and/or...

Numerous articles have been written on economic sanctions over the past few decades. Most papers take an overall approach, focusing on the utilities and dis-utilities of sanctions in general or on a specific sanction. While this paper also looks at general aspects of sanctions, it goes beyond...

In an interconnected world, economic and political interests inevitably reach beyond national borders. Since policy choices generate external economic and political costs, foreign state and non-state actors have an interest in inflencing policy actions in other sovereign countries to their...

In the wake of Russia's invasion of Ukraine, EU policymakers are weighing the costs and benefits of restrictions on imports of Russian oil and gas. This paper seeks to inform the debate by studying tariff and embargo policies through the lens of a formal economic model of global energy markets....

Geographic neighbors of sanctioned countries (targets) may suffer from indirect effects of sanctions or benefit by helping targets circumvent restrictions. I study the effects of sanctions on trade among neighbors and targets using data from BACI for 2002-2022 and separately accounting for...

We develop a theory of interstate conflict in which the degree of genealogical relatedness between populations has a positive effect on their conflict propensities because more closely related populations, on average, tend to interact more and develop more disputes over sets of common issues. We...

What is the strategic role of membership in an intergovernmental group with unanimity requirements if the group negotiates with an external player in a setting with incomplete information? Being in such a group has a strategic effect compared to negotiating as a stand-alone player and reduces...

This survey explores some of the institutional and political factors that set the underlying conditions for the emergence of conflict. The political economy perspective offered here differs from other important surveys and analyses of the same topic, which have focused on the ethnic dimensions...