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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.

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APA

Groot, W. (1998). Empirical estimates of the rate of depreciation of education. Applied Economics Letters, 5(8), 535–538. https://doi.org/10.1080/135048598354500

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