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Long-Run Consequences of Sanctions on Russia

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NBER2025-02-01 更新2025-03-01 收录
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This paper examines the long-run economic consequences of Western sanctions on Russia. Using a new framework for balanced growth path analysis, we find that the long-run declines in consumption are significantly larger when capital stocks are allowed to adjust --- 1.4 times larger for Russia and 2.2

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2025-02-01
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