EMPIRICAL ESTIMATES OF THE RATE OF DEPRECIATION OF EDUCATION

Authors
GROOT W
Citation
W. Groot, EMPIRICAL ESTIMATES OF THE RATE OF DEPRECIATION OF EDUCATION, Applied economics letters, 5(8), 1998, pp. 535-538
Citations number
5
Categorie Soggetti
Economics
Journal title
Applied economics letters → ACNP
ISSN journal
13504851
Volume
5
Issue
8
Year of publication
1998
Pages
535 - 538
Database
ISI
SICI code
1350-4851(1998)5:8<535:EEOTRO>2.0.ZU;2-Z
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 an d the Netherlands. It is found that the rate of depreciation of educat ion is 11-17% per year.