Gutmann, Jerg; Neuenkirch, Matthias; Neumeier, Florian - 2021 - This Version: April 7, 2021
Although international sanctions are a widely used instrument of coercion, their economic effects are still not fully … sanctions, thereby accounting for pre-treatment dynamics in countries subject to sanctions. Our analysis focuses on the effects … of sanctions on GDP growths as well as various transmission channels through which sanctions affect economic activity. We …