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The recession in India and the UK peaked in 2017 due to the implications of new policy initiatives. The outbreak of the …. India and the UK have resorted to monetary and fiscal stimulus packages to face the economic crisis. This study investigated … the inflation–unemployment dynamics during the recession and COVID-19 times in India and the UK. Using a generalized …
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the economy. In India, we find that the pandemic and ensuing lockdown policy led to various supply chain disruptions and … inequality. Estimations for India's economic revival are bleak and worsening with recent developments in the global economy. …
Persistent link: https://www.econbiz.de/10013283745
. According to the RBI monetary coverage 2020, the Corona virus is forming an impediment in India’s economic revival route. The … paper specifically focuses on the state of affairs in India pre-crises and throughout the crises to assist recognizes the …
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We provide an update on the impact the COVID-19 pandemic on the demand for cash and the use of methods of payment based on data from the Bank Note Distribution System and from consumer surveys conducted in April and August 2021. Our key findings are as follows: Cash in circulation remained high...
Persistent link: https://www.econbiz.de/10013175440
Consumer spending declined significantly during the recent COVID-19 pandemic. This negative shock likely reduced spending across all methods of payment (cash, debit, credit, etc.). As well, the mix of payment methods that consumers use could also be affected. This paper is a first step in...
Persistent link: https://www.econbiz.de/10012240328
We conduct a follow-up to Chen et al. (2020) and study demand for and use of cash after the containment measures imposed at the beginning of the COVID-19 pandemic were relaxed during the summer of 2020. We find that bank notes in circulation continued to rise in July due to ongoing cash...
Persistent link: https://www.econbiz.de/10012488999