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Firm‐Level Collective Bargaining and Wages in G reece: A Quantile Decomposition Analysis
Author(s) -
Daouli Joan,
Demoussis Michael,
Giannakopoulos Nicholas,
Laliotis Ioannis
Publication year - 2013
Publication title -
british journal of industrial relations
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.665
H-Index - 70
eISSN - 1467-8543
pISSN - 0007-1080
DOI - 10.1111/j.1467-8543.2012.00918.x
Subject(s) - wage , quantile , distribution (mathematics) , economics , differential (mechanical device) , quantile regression , labour economics , collective bargaining , decomposition , econometrics , mathematics , ecology , biology , mathematical analysis , engineering , aerospace engineering
This article analyzes the effect of firm‐level contracting on the wage structure in the G reek private sector. Using a matched employer–employee dataset for 2006, unconditional quantile regressions and relevant decomposition methods, we identify a wage premium associated with firm‐level contracting, which follows a hump‐shaped profile across the wage distribution. Further, the wage differential between workers under firm‐level and broader‐level collective agreements can be primarily attributed to the differences in the regime‐specific wage setting structure, for those below the median of the unconditional wage distribution, and to differences in worker and firm‐specific characteristics for those in the upper tail.