Jasso, Guillermina - Institute for the Study of Labor (IZA) - 2008
-setters (or arising from their policies) form a distribution, and all the wage-setter-specific distributions are combined into a … single final wage distribution. There may be any number of wage-setters; some wage-setters count more than others; and the … wage-setters may differ among themselves on both the wage distribution and the amounts recommended for particular workers …