Dinerstein, Michael; Megalokonomou, Rigissa; Yannelis, … - 2020
Human capital can depreciate if skills are unused. But estimating human capital depreciation is challenging, as worker …-random variation from the teacher assignment process in Greece. We find significant losses to output, as a one-year increase in time … estimate a skill depreciation rate of 4.3% and experience returns of 6.8%. …