Liquidity Shocks and Firm Exports: Evidence from Cash Shortages During India’s Demonetization
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This paper examines how liquidity shocks caused by currency shortages impact exports. We explore this in the context of Indias 2016 currency demonetization, a sudden government policy announcement that led to 86% of the countrys currency in circulation being rendered illegal within hours. Our
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美国国家经济研究局创建时间：
2024-11-01
