Atif Mian, Ludwig Straub, Amir Sufi
This paper proposes a tractable framework to analyze fiscal space and the dynamics of government debt, with a possibly binding zero lower bound (ZLB) constraint. Without the ZLB, a greater primary deficit unambiguously raises debt. However, debt need not explode: When R < G -, where is the sensitivi...
Prashant Bharadwaj, Asim Khwaja, Atif Mian
Abstract How do large scale, involuntary migrations and population exchanges affect sending and receiving communities? We examine the case of the partition of India in which approximately 17 million people moved within four years, resulting in one of the largest and most rapid population exchanges i...
Prashant Bharadwaj, Asim Ijaz Khwaja, Atif Mian
The partition of India in 1947 along ostensibly religious lines into India, Pakistan, and what eventually became Bangladesh resulted in one of the largest and most rapid migrations in human history. We compile district level census data from archives to quantify the scale of migratory flows across t...