In addition to providing useful skills, education may also yield valuable information about one's tastes and talents … different fields of study, accumulate field-specific skills and receive noisy signals of match quality to these fields … specific skills, the model predicts more switching in a regime with late specialization because the cost of switching is lower …

In addition to providing useful skills, education may also yield valuable information about one's tastes and talents … different fields of study, accumulate field-specific skills and receive noisy signals of match quality to these fields … specific skills, the model predicts more switching in a regime with late specialization because the cost of switching is lower …

Companies need to redefine value for money in the context of training and find new ways of matching employer and …