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

Ashima Goyal and Akash Kumar Baikar

Working Papers from eSocialSciences

Abstract: 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].

Keywords: Indian wage growth; food inflation; fair wages; dynamic panel; deficits; MGNREGS; rural wage; data panel; rural; unskilled male laborers (search for similar items in EconPapers)
Date: 2014-04
Note: Institutional Papers
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Citations: View citations in EconPapers (5)

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Working Paper: Psychology, cyclicality or social programs: Rural wage and inflation dynamics in India (2014)
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