A proposal to estimate human capital depreciation some evidence for Spain María Arrazola, José de Hevia, Marta Risueño, José Félix Sanz
By: Arrazola Vacas, María
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Contributor(s): Hevia Payá, José de | Risueño Gómez, Marta | Sanz Sanz, José Félix.
Material type: 
ArticlePublisher: 2005Subject(s): CAPITAL HUMANO | SALARIOS | TRABAJO CUALIFICADO | ESPAÑAOnline resources: Click here to access online
In:
Hacienda pública española n. 172, (1/2005), p. 9-22Summary: This article formulates an empirical model for salary determination, which permits the identification of the depreciation rate of the stock of professional qualifications. The analysis is implemented using the 1994 European Community Household Panel data referring to Spanish salaried males. The depreciation rate of the stock of qualifications is estimated at a narrow interval centredat 1 percent. Empirical evidence also suggests that although the depreciation rate does not vary according to the level of education, it does so depending on unemployment spells endured by the worker in recent years on whether the worker has undertaken training courses.
| Item type | Current location | Home library | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| IEF | HPE/2005/172-1 (Browse shelf) | Available | HPE/2005/172-1 |
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This article formulates an empirical model for salary determination, which permits the identification of the depreciation rate of the stock of professional qualifications. The analysis is implemented using the 1994 European Community Household Panel data referring to Spanish salaried males. The depreciation rate of the stock of qualifications is estimated at a narrow interval centredat 1 percent. Empirical evidence also suggests that although the depreciation rate does not vary according to the level of education, it does so depending on unemployment spells endured by the worker in recent years on whether the worker has undertaken training courses.
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