While it is often argued that exchange rate depreciation has a beggar-thy-neighbour effect, in this paper, we investigate, whether exchange rate depreciation has a beggar-thyself effect. Specifically, we explore the distributional consequences of exchange rate movements. Using a heterogeneous...

Governments around the world engage in fiscal interventions targeting the poor. Using a rich dataset on income and consumption of Indian households, we estimate the distributional effects of such interventions in a heterogeneous agent model. The standard scheme of interventions that consistently...

While it is often argued that exchange rate depreciation has a beggar-thy-neighbour effect, in this paper, we investigate, whether exchange rate depreciation has a beggarthyself effect. Specifically, we explore the distributional consequences of Exchange rate movements. Using a heterogeneous...