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Demonetization and digital payments in India: perception and reality

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  • Manisha Chakrabarty
  • Ashutosh Jha
  • Partha Ray

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.

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  • Manisha Chakrabarty & Ashutosh Jha & Partha Ray, 2021. "Demonetization and digital payments in India: perception and reality," Applied Economics Letters, Taylor & Francis Journals, vol. 28(4), pages 319-323, February.
    • Handle: RePEc:taf:apeclt:v:28:y:2021:i:4:p:319-323
    DOI: 10.1080/13504851.2020.1752895
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    Cited by:

    1. Khando Khando & M. Sirajul Islam & Shang Gao, 2022. "The Emerging Technologies of Digital Payments and Associated Challenges: A Systematic Literature Review," Future Internet, MDPI, vol. 15(1), pages 1-21, December.

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