"Wage indexation" is a provision according to whic at predetermined regular intervals, wages are automatically increased in line with the rate. Wage indexation tends to be adopted in periods of The existence of wage indexation agreements the effect of unemployment on inflation. Wage indexation makes an inflationary spiral likely, because it means that react faster to changes in observed "Wage indexation" is a provision according to whic at predetermined regular intervals, wages are automatically increased in line with the rate. Wage indexation tends to be adopted in periods of The existence of wage indexation agreements the effect of unemployment on inflation. Wage indexation makes an inflationary spiral likely, because it means that react faster to changes in observed