The popular belief worldwide is that the global financial sanctions unleashed on Russia, the
seizure of assets and properties of the oligarch friends to President Putin for Russia's current …

The outbreak of a war exposes countries and firms in its proximity to the risk of military
escalation. Disaster risk goes up and stock markets decline accordingly. In support of this …

Can external threats strengthen group identity? A growing body of research in economics
emphasises the importance of cultural attributes such as identity for trust and cooperation …

This paper uses a product-level empirical model of bilateral trade to examine the global
trade implications of the Russian invasion of Ukraine. The results show that imports from …

Using the heteroscedasticity-based estimator of Rigobon and Sack (2005) to identify daily
shocks of the Russia–Ukraine war, I assess and quantify the dynamic impact of the conflict …

Our investigation strives to unearth the best portfolio hedging strategy for the G7 stock
indices through Bitcoin and gold using daily data relevant to the period 2 January 2016 to 5 …

Homogeneous societies usually provide more public goods. Voluntary social distancing in a
pandemic is also a public good, but it has private benefits, too. Theoretically, we show that …

Russia's invasion of Ukraine is a major shock at the heart of the breadbasket of Europe at a
time when global stocks are running short. With inelastic supply and demand for such basic …

This article reviews the literature on the multifaceted consequences of historical conflict. We
revisit three key topics, which are especially relevant for the current Ukrainian context.(1) …

Violent conflicts, particularly at election times in Africa, are a common cause of instability and
economic disruption. This paper studies how firms react to electoral violence using the case …