Empirical estimates of the rate of depreciation of education
In this paper we develop a method to estimate the rate of depreciation of human capital. The model is estimated on data for Great Britain and the Netherlands. It is found that the rate of depreciation of education is 11-17% per year.
Year of publication: |
1998
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Authors: | Groot, Wim |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 5.1998, 8, p. 535-538
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Publisher: |
Taylor & Francis Journals |
Saved in:
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