Asst. Professor @unisouthampton; Non Resident Fellow @CSEP_org; PhD @igidr_Mumbai; Love Economics and Politics
Email: [email protected]; [email protected]
𝗣𝗼𝗹𝗶𝗰𝘆 𝗶𝗺𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Beyond the debtor-versus-creditor debate, what matters is not only how insolvency systems are designed but also how well they function in practice.
🎉 Recently Published Article in World Development 🎉
We find that 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗶𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻 is associated with higher 𝘁𝗿𝗮𝗻𝘀𝗶𝘁𝗼𝗿𝘆 𝗰𝗼𝗻𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻, particularly at lower levels of 𝘄𝗲𝗮𝗹𝘁𝗵.
Transitory consumption is the part of consumption that cannot be explained using a rich set of variables that would ideally determine permanent consumption.