Do economic sanctions affect internal support of sanctioned countries’ governments? To answer this question, we focus on the sanctions imposed on Russia in 2014 and identify their effect on voting behavior in both presidential and parliamentary elections. On the economic side, the sanctions...

This paper examines the impact of coalitions on the economic costs of the 2012 Iran and 2014 Russia sanctions. By estimating and simulating a quantitative general equilibrium trade model under different coalition setups, we (i) dissect welfare losses for sanctions senders and target; (ii)...

<alinea/> Creative and talented theorist, Paul Krugman is the main architect of the new theories of international trade. He has shown that international trade can emerge without comparative advantages, in an imperfectly competitive environment. His models have provided convincing explanations to...