Book excerpt: "This report is a study of the mechanisms by which the status of translators is signalled in the European Union in 2011-12, with comparisons with the United States, Canada and Australia. ... It offers sociological and economic modelling of the way signalling mechanisms affect markets in this field, with specific reference to academic qualifications, professional certifications, membership of associations and years of experience. The report proposes criteria for actions that might be taken to enhance the signalling of status. Status is understood as the presumed value of expert skills, rather than the skills themselves."--Ed.