Empirical estimates of the rate of depreciation of education

Wim Groot

Applied Economics Letters, 1998, vol. 5, issue 8, 535-538

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.

Date: 1998
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Citations: View citations in EconPapers (19)

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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:5:y:1998:i:8:p:535-538

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DOI: 10.1080/135048598354500

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