Labor competency certifications in commercial occupations : a literature review (English)

Firms generally seek to acquire a competent and stable workforce, as well as to maintain and upgrade the aggregate knowledge and skills of their workers at the lowest possible cost. In doing so, they routinely face imperfect and assymetrical information, together with recruiting, turnover, and other transaction costs. When they hire individuals whose skills are not a good match for the needs of a given firm, local labor regulations may make it very...
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Citation

Crawford,Michael F.; Mogollon,Maria Paulina.

Labor competency certifications in commercial occupations : a literature review (English). World Bank education working paper series ; no. 17 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/123631468149107068

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