@TechReport{iza:izadps:dp11309,
            	author={Hirsch, Boris and Müller, Steffen},
            	title={Firm Wage Premia, Industrial Relations, and Rent Sharing in Germany},
            	year={2018},
	month={Jan},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={11309},
            	url={https://www.iza.org/publications/dp11309},
	abstract={This paper investigates the influence of industrial relations on firm wage premia in Germany. OLS regressions for the firm effects from a two-way fixed effects decomposition of workers' wages by Card, Heining, and Kline (2013) document that average premia are larger in firms bound by collective agreements and in firms with a works council, holding constant firm performance. RIF regressions show that premia are less dispersed among covered firms but more dispersed among firms with a works council. Hence, deunionization is the only among the suspects investigated that contributes to explaining the marked rise in the premia dispersion over time.},
	keywords={rent sharing;bargaining power;works councils;trade unions;industrial relations;firm wage premium;wage inequality;Germany},
            }