Cholodilin, Konstantin Arkadʹevič; Netšunajev, Aleksei - In: Baltic journal of economics 19 (2019) 1, pp. 39-51
The conflict between Russia and Ukraine that started in March 2014 led Western countries and Russia to impose economic … the economies of Russia and the euro area. The effects of sanctions are analyzed with a structural vector autoregression … model. The sanction shock is identified and separated from the oil price shock by narrative sign restrictions. We find weak …