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Download full textvan Loo, Jasper B. – Online Submission, 2007
HRD is extensively concerned with human capital investment, but only focuses on how skills and knowledge become obsolete to a limited extent. In this paper we look at the speed of obsolescence. Using data from a survey among Dutch public sector employees, we find that the yearly rate of skills obsolescence is 2.6%. Subsequent analyses show that…
Descriptors: Human Capital, Skill Obsolescence, Educational Attainment, Education Work Relationship
