Bondarenko, Yevheniia; Lewis, Vivien; Rottner, Matthias; … - 2023
Geopolitical risk cannot be measured in a universal way. We develop new geopolitical risk indicators relying on local … risk shocks have significant adverse effects on the Russian economy, whereas geopolitical risk shocks identified from … media separately. Employing a novel Russian sanctions index, we illustrate that geopolitical risk shocks propagate beyond …