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 language | English |
---|---|
Pages (from-to) | 535-538 |
Number of pages | 4 |
Journal | Applied Economics Letters |
Volume | 5 |
Issue number | 8 |
DOIs | |
Publication status | Published - 1998 |
Externally published | Yes |