Information advantages of training employers despite credible training certificates

C-Tier
Journal: Oxford Economic Papers
Year: 2020
Volume: 72
Issue: 3
Pages: 651-671

Authors (3)

Jens MohrenweiserBy (not in RePEc) Gabriele Wydra-Somaggio (not in RePEc) Thomas Zwick (Bayerische Julius-Maximilians-...)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Employers sponsor general training if they can get an information advantage about the skills of trainees. This advantage might vanish if credible external institutions grade successful training completion. We argue that despite a certificate, training firms can retain an information advantage and can positively select training completers because the training certificate does not capture all relevant skill dimensions. Training firms can get an information advantage on the non-certified skills such as soft skills. We show that the information advantage about non-certified skills can explain why training firms pay higher wages for training completers than outside firms and why employers are able to keep a positive selection of training participants.

Technical Details

RePEc Handle
repec:oup:oxecpp:v:72:y:2020:i:3:p:651-671.
Journal Field
General
Author Count
3
Added to Database
2026-01-29