Wage Dispersion and Decentralization of Wage Bargaining

• 成果类型: Article
• 署名作者: Dahl, Christian M.; le Maire, Daniel; Munch, Jakob R.
• 署名单位: University of Southern Denmark; University of Copenhagen
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/669339
• 发表日期: 2013
• 页码: 501-533
• 关键词: Quantile regression; panel-data; institutions; INEQUALITY; EMPLOYMENT; models; unions

摘要

This article studies how decentralization of wage bargaining from sector to firm level influences wage levels and wage dispersion. We use detailed panel data covering a period of decentralization in the Danish labor market. The decentralization process provides variation in the individual worker's wage-setting system that facilitates identification of the effects of decentralization. We find a wage premium associated with firm-level bargaining relative to sector-level bargaining and that the return to skills is higher under the more decentralized wage-setting systems. Using quantile regression, we also find that wages are more dispersed under firm-level bargaining compared to more centralized wage-setting systems.