Gutmann, Jerg; Neuenkirch, Matthias; Neumeier, Florian - 2022
A frequently employed argument against imposing international sanctions is that rival superpowers are likely to bust … sanctions to simultaneously shield the target, harm the sender, and make a profit. We evaluate the legitimacy of this concern by … studying the effect of US sanctions on trade flows between sanctioned and third countries during the period 1995-2019 using …