@TechReport{iza:izadps:dp6176,
            	author={Dahl, Christian M. and Maire, Daniel le and Munch, Jakob R.},
            	title={Wage Dispersion and Decentralization of Wage Bargaining},
            	year={2011},
	month={Nov},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={6176},
            	url={https://www.iza.org/publications/dp6176},
	abstract={This paper 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.},
	keywords={wage dispersion;decentralization;wage bargaining},
            }