Browsing by Author "Steinbach, Sandro"

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    Short-term effects of India’s demonetization on the rural poor
    Zhu, Heng; Gupta, Anubhab; Majumder, Binoy; Steinbach, Sandro (Elsevier, 2018-09)
    This paper analyzes the short-run responses of poor rural households to India’s demonetization in 2016. We estimate an economic loss of 15.5% over the two months post demonetization and discuss a range of strategies that the households adopted to exchange their banned currency-denominations.