Showing 1 - 4 of 4
Credit scoring was introduced in India in 2007. We study the pace of its adoption by new private banks (NPBs) and state …
Persistent link: https://www.econbiz.de/10012479645
We analyze a unique episode in the history of monetary economics, the 2016 Indian "demonetization." This policy made 86% of cash in circulation illegal tender overnight, with new notes gradually introduced over the next several months. We present a model of demonetization where agents hold cash...
Persistent link: https://www.econbiz.de/10012481018
This paper examines the behavior of quarterly inflation in India since 1994, both headline inflation and core inflation … headline inflation feed into expected inflation and future core inflation. Several aspects of India's inflation process are …
Persistent link: https://www.econbiz.de/10012455732
We study a bank run in India in which private bank branches experience sudden and considerable loss of deposits that …
Persistent link: https://www.econbiz.de/10013435119