Geopolitical risk perceptions

Saved in:

Authors and Corporations:

Bondarenko, Yevheniia (Author), Lewis, Vivien (Author), Rottner, Matthias (Author), Schüler, Yves (Author)

Other Authors:

Lewis, Vivien [Author] • Rottner, Matthias [Author] • Schüler, Yves [Author]

Type of Resource:

E-Book

Language:

English

published:

Frankfurt am Main Deutsche Bundesbank [2024]

Series:

Subjects:

geopolitical risk

risk perceptions

Russia

sanctions

shock transmission

Graue Literatur

Source:

Verbunddaten SWB
Lizenzfreie Online-Ressourcen

ISBN:

9783988480125

Description
Summary:	Geopolitical risk cannot be measured in a universal way. We develop new geopolitical risk indicators relying on local newspaper coverage to account for different perceptions. Using Russia as a case study, we demonstrate that geopolitical risk shocks identified from local news sources have significant adverse effects on the Russian economy, whereas geopolitical risk shocks identified from English-language news sources do not. We control for restricted press freedom by analyzing state-controlled and independent media separately. Employing a novel Russian sanctions index, we illustrate that geopolitical risk shocks propagate beyond the sanctions channel. Still, sanctions worsen the inflationary impact of geopolitical risk shocks substantially.
Physical Description:	1 Online-Ressource (circa 53 Seiten); Illustrationen
ISBN:	9783988480125