Demonetization and digital payments in India: perception and reality

Manisha Chakrabarty, Ashutosh Jha and Partha Ray

Applied Economics Letters, 2021, vol. 28, issue 4, 319-323

Abstract: In the context of the demonetization experiment of November 2016 in the Indian economy, this paper aims at looking into its impact on digital payments. Using the major digital payment modes and following the methodology of time-series outlier detection proposed by Chen and Liu (1993), the impacts are found to be mostly transitory in nature.

Date: 2021
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DOI: 10.1080/13504851.2020.1752895

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