Worker sorting into tasks and occupations based on their skills plays a potentially important role in aggregate labor productivity. This sorting may be inefficient if jobseekers do not apply to jobs that match their skills.
Aid agencies and governments spend more than a billion US$ on entrepreneurship training annually. What have we learned about the effectiveness of training? We review research on entrepreneurship training.
Many small businesses in low-income countries hire employees from their kinship networks. This fact is often attributed to hiring from the kinship network reducing contracting frictions or informational asymmetries.
