Boris Lvin (bbb) wrote,
Boris Lvin
bbb

как и следовало ожидать

The effect of demonetization in terms of its stated goals were limited at best. Because almost all the demonetized currency was returned to the central bank, it failed in its goal of taxing undeclared income and black (undeclared) wealth. Moreover, available estimates of the circulation of counterfeit currency at the time of demonetization suggested that it was minuscule to start with. Relative to past trends, demonetization does not appear to have had any significant effect on the tax base.

Amartya Lahiri "The Great Indian Demonetization"
https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.34.1.55
Subscribe

  • Post a new comment

    Error

    switch
    default userpic

    Your reply will be screened

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.
    Help
  • 7 comments