The Extent of Rent Sharing along the Wage Distribution

The relation between rent sharing and wages has generally been evaluated on average wages. This paper uses a unique employer-employee panel database to investigate the extent of rent sharing along the wage distribution in Italy. We apply quantile regression techniques and control for national level...

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Detalles Bibliográficos
Autores: Matano, Alessia, Naticchioni, Paolo
Tipo de recurso: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2017
País:España
Institución:Universidad de Barcelona
Repositorio:Dipòsit Digital de la UB
OAI Identifier:oai:diposit.ub.edu:2445/117324
Acceso en línea:https://hdl.handle.net/2445/117324
Access Level:acceso abierto
Palabra clave:Competències professionals
Salaris
Distribució (Teoria econòmica)
Anàlisi de regressió
Capital social (Sociologia)
Vocational qualifications
Wages
Distribution (Economic theory)
Regression analysis
Social capital (Sociology)
Descripción
Sumario:The relation between rent sharing and wages has generally been evaluated on average wages. This paper uses a unique employer-employee panel database to investigate the extent of rent sharing along the wage distribution in Italy. We apply quantile regression techniques and control for national level bargaining, unobserved worker and firm heterogeneity and endogeneity. Our findings show that the extent of rentsharing decreases along the wage distribution, suggesting that unskilled workers benefit most from firms' rents. By applying quantile regressions by occupational categories, we show that the decreasing pattern is mainly driven by blue collar workers, while estimates for white collars are higher and basically constant along the wage distribution. We also provide evidence that unions might represent one of the driver of our findings.