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Technology has been a game changer, and with its advancement things around us have changed drastically offering comfort and convenience. The Smartphone has brought about a change in our lives facilitating ordering food, groceries, movie ticket or cab booking with just a few clicks. The Mobile...
Persistent link: https://www.econbiz.de/10012942269
In this paper we estimate the impact on domestic trade in agricultural commodities of India's demonetization exercise that invalidated 86% of the currency in circulation. Using data on arrivals and prices from close to 3000 regulated markets in India for 35 major agricultural commodities for the...
Persistent link: https://www.econbiz.de/10012944115
notes in Australia and, in that context, contrast the cash transaction reporting requirements, penalties for undisclosed …
Persistent link: https://www.econbiz.de/10012945416
in Indian economy. The cash ban caused considerable damage to the wheels of the economy in the form of forced … also lowered the GDP forecast to 6.6% for 2016-17. New Investments fell by 50% in post cash ban. Rupee value also declined … measures in an exigent mode to make the cash ban a grand success …
Persistent link: https://www.econbiz.de/10012871271
demonetization, people used to buy impulsively from the retail malls by using hard cash because of more convenience, but with the …
Persistent link: https://www.econbiz.de/10012871272
model featuring costly state verification and cash-in-advance constraints. Using an instrumental variables strategy, I …
Persistent link: https://www.econbiz.de/10012853603
issues about direct cash transfers raised in the theoretical literature in the area of public finance; existing subsidy and … direct cash transfer schemes have become a much experimented vehicle of distribution of benefits in much of the developing ….This chapter seeks to understand the nature and implications of the Direct Cash Transfer programs being considered and experimented …
Persistent link: https://www.econbiz.de/10013047872
This paper examines the impact of payment technology on seasonality in currency in circulation. We specify that total transaction in a period follows a Gompertz distribution over time and extend the standard Baumol-Tobin model to obtain a nonlinear expression of currency growth. In contrast to...
Persistent link: https://www.econbiz.de/10013019778
economy. We consider India’s demonetization policy which, by limiting the availability of cash, led to a large increase in the …
Persistent link: https://www.econbiz.de/10012802985
Demonetization is the process of replacing the current currency from the economy with the new one. It is the step taken by the national Government generally to wipe out corruption and black money. This study is an attempt to assess the efficiency of demonetization introduced by union government....
Persistent link: https://www.econbiz.de/10012917531