Zhu, HengGupta, AnubhabMajumder, BinoySteinbach, Sandro2022-12-152022-12-152018-090165-1765http://hdl.handle.net/10919/112898This 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.Pages 117-121application/pdfenIn CopyrightDemonetizationCurrency shockFinancial diariesIndiaShort-term effects of India’s demonetization on the rural poorArticle - Refereed2022-12-13Economics Lettershttps://doi.org/10.1016/j.econlet.2018.05.035170Gupta, Anubhab [0000-0002-1346-1880]