Adverse selection and information advantages of training firms : conference paper

Mohrenweiser, Jens; Wydra-Sommaggio, Gaby; Zwick, Thomas

The possibility of adverse selection by training firms is common theoretical argument for company-sponsored investments in general skills. The paper derives a public and a private signal after apprenticeship training and shows that training firms are able to positively select graduates they keep. The public signal has a stronger impact on entry wages of employer changers than for stayers and private signals shows exactly the opposite pattern.

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Year of publication:	2014 ; This version February 2014
Authors:	Mohrenweiser, Jens ; Wydra-Sommaggio, Gaby ; Zwick, Thomas
Published in:	Beiträge zur Jahrestagung des Vereins für Socialpolitik 2014: Evidenzbasierte Wirtschaftspolitik Session: Firms and wages ; V1
Publisher:	[Kiel : ZBW
Subject:	training \| employer change \| adverse selection \| asymmetric information \| Adverse Selektion \| Adverse selection \| Asymmetrische Information \| Asymmetric information \| Theorie \| Theory \| Berufsbildung \| Vocational training \| Betriebliches Bildungsmanagement \| Employer-provided training

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Extent:	Online-Ressource ([17] S.)
Conferences:	Jahrestagung des Vereins für Socialpolitik: Evidenzbasierte Wirtschaftspolitik ; 2014
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Konferenzschrift ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/100525 [Handle]
Classification:	J24 - Human Capital; Skills; Occupational Choice; Labor Productivity ; J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc ; M52 - Compensation and Compensation Methods and Their Effects (stock options, fringe benefits, incentives, family support programs)
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10010487686