Firm wage premia, industrial relations, and rent sharing in Germany

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Firm wage premia, industrial relations, and rent sharing in Germany. / Hirsch, Boris; Müller, Steffen.

in: Industrial and Labor Relations Review, Jahrgang 73, Nr. 5, 01.10.2020, S. 1119-1146.

Publikation: Beiträge in ZeitschriftenZeitschriftenaufsätzeForschungbegutachtet

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@article{b20e748451c941d98b55da20701a2d4c,
title = "Firm wage premia, industrial relations, and rent sharing in Germany",
abstract = "The authors use three distinct methods to investigate the influence of industrial relations on firm wage premia in Germany. First, ordinary least squares (OLS) regressions for the firm effects from a two-way fixed-effects decomposition of workers{\textquoteright} wages reveal that average premia are larger in firms bound by collective agreements and in firms with a works council, holding constant firm performance. Next, recentered influence function (RIF) regressions show that premia are less dispersed among covered firms but more dispersed among firms with a works council. Finally, in an Oaxaca–Blinder decomposition, the authors find that decreasing bargaining coverage is the only factor they consider that contributes to the marked rise in premia dispersion over time.",
keywords = "Economics, firm wage premium, industrial relations, trade unions, works councils, bargaining power, rent sharing, wage inequality, Germany",
author = "Boris Hirsch and Steffen M{\"u}ller",
year = "2020",
month = oct,
day = "1",
doi = "10.1177/0019793920917105",
language = "English",
volume = "73",
pages = "1119--1146",
journal = "ILR Review",
issn = "0019-7939",
publisher = "SAGE Publications Inc.",
number = "5",

}

RIS

TY - JOUR

T1 - Firm wage premia, industrial relations, and rent sharing in Germany

AU - Hirsch, Boris

AU - Müller, Steffen

PY - 2020/10/1

Y1 - 2020/10/1

N2 - The authors use three distinct methods to investigate the influence of industrial relations on firm wage premia in Germany. First, ordinary least squares (OLS) regressions for the firm effects from a two-way fixed-effects decomposition of workers’ wages reveal that average premia are larger in firms bound by collective agreements and in firms with a works council, holding constant firm performance. Next, recentered influence function (RIF) regressions show that premia are less dispersed among covered firms but more dispersed among firms with a works council. Finally, in an Oaxaca–Blinder decomposition, the authors find that decreasing bargaining coverage is the only factor they consider that contributes to the marked rise in premia dispersion over time.

AB - The authors use three distinct methods to investigate the influence of industrial relations on firm wage premia in Germany. First, ordinary least squares (OLS) regressions for the firm effects from a two-way fixed-effects decomposition of workers’ wages reveal that average premia are larger in firms bound by collective agreements and in firms with a works council, holding constant firm performance. Next, recentered influence function (RIF) regressions show that premia are less dispersed among covered firms but more dispersed among firms with a works council. Finally, in an Oaxaca–Blinder decomposition, the authors find that decreasing bargaining coverage is the only factor they consider that contributes to the marked rise in premia dispersion over time.

KW - Economics

KW - firm wage premium

KW - industrial relations

KW - trade unions

KW - works councils

KW - bargaining power

KW - rent sharing

KW - wage inequality

KW - Germany

UR - http://www.scopus.com/inward/record.url?scp=85084820001&partnerID=8YFLogxK

U2 - 10.1177/0019793920917105

DO - 10.1177/0019793920917105

M3 - Journal articles

VL - 73

SP - 1119

EP - 1146

JO - ILR Review

JF - ILR Review

SN - 0019-7939

IS - 5

ER -

DOI