TY  - RPRT
        AU  - Dahl, Christian M.
AU  - Maire, Daniel le
AU  - Munch, Jakob R.
        TI  - Wage Dispersion and Decentralization of Wage Bargaining
        PY  - 2011/Nov/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 6176
        UR  - https://www.iza.org/publications/dp6176
        AB  - 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.
        KW  - wage dispersion
KW  - decentralization
KW  - wage bargaining
        ER  -