Psychology, Cyclicality or Social Programs: Rural Wage and Inflation Dynamics in India

Published By: IGIDR on eSS | Published Date: April, 01 , 2014

The paper analyzes causes of movements in Indian wages for rural unskilled male laborers, and assesses their impact on inflation. Theoretical priors derived from an analytical framework based on the concepts of fair wages, salience and over-reaction are tested using a State level rural wage data panel. [IGIDR WP-2014-014].

Author(s): Ashima Goyal, Akash Kumar Baikar | Posted on: Apr 10, 2014 | Views(879) | Download (624)

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