Skip to Main Navigation

General training under asymmetric information (English)

One widely accepted conclusion in the human capital literature on training is that firms will finance only firm-specific training because it is non-transferable to other firms. Firms will not be willing to finance training in general (transferable) skills. In this paper it is argued that a recruiting firm will possess only limited knowledge of the training level in general skills acquired by workers in other firms. Hence a worker with transferable...
See More

DETAILS

DOWNLOADS

COMPLETE REPORT

Official version of document (may contain signatures, etc)


Citation

Katz, Eliakim; Ziderman, Adrian.

General training under asymmetric information (English). Policy, Planning and Research Department working papers ; no. WPS 170 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/302741468764965783

This document is being processed or is not available.