The paper develops a theory of costly communication in which the sender's and receiver's motivations and abilities endogenously determine the communication mode and the transfer of knowledge. Communication is modeled as a problem of moral hazard in teams, in which the sender and receiver select persuasion and message elaboration efforts. The model…

British employers' perceptions of the key skills needed by young workers and all employees were examined through a national study that involved a large-scale survey of 193 employers and in-depth interviews with a subsample of 46 employers selected to be representative from the standpoints of firm size, sector, region, and employment of young…