Comment on “On Wars, Sanctions, and Sovereign Default” by Javier Bianchi and César Sosa-Padilla

Gabriel Mihalache

Journal of Monetary Economics, 2024, vol. 141, issue C, 71-73

Abstract: •Bianchi and Sosa-Padilla deepen our understanding of reserves freezes as sanctions.•The 2022 Russian default calls for a reexamination of mechanisms in the literature.•The slow ramping up of sanctions can be rationalized by a private information model.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:moneco:v:141:y:2024:i:c:p:71-73

DOI: 10.1016/j.jmoneco.2023.10.009

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