Burda, Michael C.; Fitzenberger, Bernd; Lembcke, Alexander - 2008
distribution function Y (x) is said to first-order
stochastically dominate another distribution Z (x) if Y (x) ≥ Z (x), with strict … inequality
holding for at least one x (Davidson 2008). We now argue that the wage distribution
induced under right-to-manage will …, logw, would be
E[logw|X] = Z′βz +βiDi +βfDf . (5)
The base group being employees bargaining over their wages with firms at …