Dahl, Christian M.; Le Maire, Daniel; Munch, Jakob Roland - 2011
This paper studies how decentralization of wage bargaining from sector to firm-level influences wage levels and wage … 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 …