In this paper, we measure the extent of wage indexation in Indian industries. The wage equation is derived endogenously from a macroeconomic model, and then it is estimated. From this reduced-form equation, we derive the value of the indexation coefficient, which is a structural parameter. © 1989.

CHAUDHURI T DATTA

S CHAUDHURI

University of Calcutta (informally known as Calcutta University or CU) is a collegiate public state university located in Kolkata, West Bengal, India.&nbsp;Within India it is recognized as a &quot;Five-Star University&quot; and accredited &quot;A&quot; Grade by National Assessment and Accreditation Council.

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The University of Calcutta has secured the Fifth position among the Universities of India in the prestigious &quot;Indian University Ranking 2019&quot; list, released by the NIRF of the Ministry of Human Resource Development, Government of India.

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It was established on 24 January 1857, and was one of the first institutions in Asia to be established as a multidisciplinary and Western-style university. Its alumni and faculty include several heads of state, heads of government, social reformers, prominent artists, only academy award winner and Dirac medal winner in India, many Fellows of the Royal Society and five Nobel laureates as of 2019 which is highest in South Asia.

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The extent of wage indexation in Indian industries

Journal of Macroeconomics

Politics & Society

Andrew Shonfield. The Use of Public Power, edited and introduced by Zuzanna Shonfield. New York and Oxford: Oxford University Press, 1982. Andrew Shonfield. In Defense of the Mixed Economy, edited by Zuzanna Shonfield. New York: Oxford University Press, 1984. New York and Oxford: Oxford University Press, 1984

Journal	Journal of Macroeconomics
Publisher	LOUISIANA STATE UNIV PR
ISSN	0164-0704