What Does Debt Relief Do for Development? Evidence from India’s Bailout for Rural Households
This paper studies the impact of debt relief, using a natural experiment arising from India's "Agricultural Debt Waiver and Debt Relief Scheme," one of the largest household-level debt relief initiatives in history. I find that debt relief has a substantial impact on household balance...
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American Economic Association
2019
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| Online Access: | http://hdl.handle.net/10986/31093 |