In this paper, we employ a unique tax experiment and dataset in a highly salient tax rate environment to examine consumer response to complex and uncertain tax reforms. Tax reforms raise some fundamental questions in public finance: How does consumption respond to tax change? How is the tax...

Measuring the consumption response to a tax regime has been a central issue in the optimal design of fiscal policy. This study leverages a large-scale natural experiment in India, the 2017 Goods-Service-Tax (GST) Reform, to quantify its impact on suppliers' pricing strategy and consumer...

Using big datasets from four diverse sources, of both suppliers and facilitators or recipients of digital payment platforms, we conduct a comprehensive analysis of the impact of unexpected demonetization in India on payment digitization. The drying-up of cash due to demonetization leads to a...