%0 Report
        %A Dahl, Christian M.
%A Maire, Daniel le
%A Munch, Jakob R.
        %T Wage Dispersion and Decentralization of Wage Bargaining
        %D 2011
        %8 2011 Nov
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 6176
        %U https://www.iza.org/publications/dp6176
        %X 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.
        %K wage dispersion
%K decentralization
%K wage bargaining