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Human Capital Depreciation and Education Level

Auteur(s)
Weber, Sylvain 
Institut de recherches économiques 
Date de parution
2014
In
International Journal of Manpower
Vol.
5
No
35
De la page
613
A la page
642
Mots-clés
  • Switzerland

  • Human capital depreci...

  • Educational system

  • Experience-earnings p...

  • Nonlinear least squar...

Résumé
We investigate the link between human capital depreciation and education level through a nonlinear wage equation, using data from the Swiss Labor Force Survey (SLFS) over the period 1998-2008. Instead of using a purely quantitative approach to separate workers by years of education, qualitative aspects of educational system are taken into account. Taking advantage of the Swiss educational system characteristics, workers are separated on the basis of their education type. Workers with vocational education (apprenticeships, professional and technical schools, and universities of applied sciences) are assumed to possess a relatively specific human capital, compared to those with academic education (high schools and universities). Human capital depreciation is found to be significantly related to education type. Academic ("concept-based") education protects workers more effectively against depreciation than vocational ("skill-specific") education.
URI
https://libra.unine.ch/handle/123456789/21821
DOI
10.1108/IJM-05-2014-0122
Autre version
http://dx.doi.org/10.1108/IJM-05-2014-0122
Type de publication
Resource Types::text::journal::journal article
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