Wage Dispersion and Decentralization of Wage Bargaining
Publikation: Working paper › Forskning
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Wage Dispersion and Decentralization of Wage Bargaining. / Dahl, Christian M.; Le Maire, Christian Daniel; Munch, Jakob Roland.
Department of Economics, University of Copenhagen, 2009. s. 25.Publikation: Working paper › Forskning
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TY - UNPB
T1 - Wage Dispersion and Decentralization of Wage Bargaining
AU - Dahl, Christian M.
AU - Le Maire, Christian Daniel
AU - Munch, Jakob Roland
N1 - JEL Classification: J31, J51, C23
PY - 2009
Y1 - 2009
N2 - This paper studies how decentralization of wage bargaining from sector to firm level influences wage levels and wage dispersion. We use a detailed panel data set covering a period of decentralization in the Danish labor market. The decentralization process provides exogenous variation in the individual worker's wage-setting system that facilitates identification of the effects of decentralization. Consistent with predictions we find that wages are more dispersed under firm-level bargaining compared to more centralized wage-setting systems. However, the differences across wage-setting systems are reduced substantially when controlling for unobserved individual level heterogeneity.
AB - This paper studies how decentralization of wage bargaining from sector to firm level influences wage levels and wage dispersion. We use a detailed panel data set covering a period of decentralization in the Danish labor market. The decentralization process provides exogenous variation in the individual worker's wage-setting system that facilitates identification of the effects of decentralization. Consistent with predictions we find that wages are more dispersed under firm-level bargaining compared to more centralized wage-setting systems. However, the differences across wage-setting systems are reduced substantially when controlling for unobserved individual level heterogeneity.
KW - Faculty of Social Sciences
KW - panel data quantile regression
M3 - Working paper
SP - 25
BT - Wage Dispersion and Decentralization of Wage Bargaining
PB - Department of Economics, University of Copenhagen
ER -
ID: 14119764