| 000 -LEADER |
| fixed length control field |
01095nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
201110b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Lahiri, Amartya. |
| 245 ## - TITLE STATEMENT |
| Title |
The great India demonetization |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
The Journal of Economic Perspectives |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
34(1), Winter, 2020: p.55-74 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
On November 8, 2016, India demonetized 86 percent of its currency in circulation. The stated objectives of the move were to seize undeclared income, to destroy counterfeit currency, to speed up formalization of the economy, and to increase the tax base. I find that the evidence over the subsequent three years suggests that the move had limited success in achieving its stated objectives. Disaggregated data suggests that demonetization did have appreciable costs in terms of lost jobs and output. However, the output costs appear to have been temporary. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems |
| 9 (RLIN) |
20945 |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
The Journal of Economic Perspectives |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
DEMONETIZATION - INDIA |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |