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The paper investigates determinants of investments in state capacity and institutional change in contemporary Ukraine. After formulating a simple sequential two-stage model of investments in state capacity, the paper estimates autoregressive distributed lag and vector autoregressive models to...
Persistent link: https://www.econbiz.de/10012424667
promote rule of law in a rent-seeking society. Taking Russia and Ukraine between 2000 and 2012 as its empirical focus, the …
Persistent link: https://www.econbiz.de/10012933482
In February 2022, the EU Commission announced economic sanctions against Russian oligarchs. The goal was to exert pressure on the Kremlin: initially to stop deploying troops to the Donetsk and Luhansk regions and ultimately to end its attack on Ukraine. The present report investigates how these...
Persistent link: https://www.econbiz.de/10013256963
The problem of treaty between Ukraine and Russia about the implementation of economic, political and other activities … region, both in Ukraine and in Russia, which require compulsory harmonization. A game-theoretical model for describing the … treaty between Ukraine and Russia was developed. It is shown that the Nash equilibrium (that is, the optimal situation for …
Persistent link: https://www.econbiz.de/10012848237
How do global political shocks influence individuals' expectations about economic outcomes? We run a unique survey on inflation expectations among 145 tenured economics professors in Germany and exploit the 2022 Russian invasion in Ukraine as a natural experiment to identify the effect of a...
Persistent link: https://www.econbiz.de/10013173583
How do global political shocks influence individuals' expectations about economic outcomes? We run a unique survey on inflation expectations among 145 tenured economics professors in Germany and exploit the 2022 Russian invasion in Ukraine as a natural experiment to identify the effect of a...
Persistent link: https://www.econbiz.de/10013167248
This paper explores the global economic consequence of the Russian-Ukraine war in the month of invasion. Russia invaded … Ukraine on the 24th of February 2022. As a result of the Russia-Ukraine war, multiple international sanctions were imposed on … Russia to compel Russia to de-escalate the crisis. The sanctions imposed on Russia, although intended to hurt Russia, had …
Persistent link: https://www.econbiz.de/10013292110