Empirical estimates of the rate of depreciation of education

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Abstract

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.
Original languageEnglish
Pages (from-to)535-538
Number of pages4
JournalApplied Economics Letters
Volume5
Issue number8
DOIs
Publication statusPublished - 1998
Externally publishedYes

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