Suppose the skills acquired in school depreciate over time, perhaps because technological change makes the things learned

Question:

Suppose the skills acquired in school depreciate over time, perhaps because technological change makes the things learned in school obsolete. What happens to a worker's optimal amount of schooling if the rate of depreciation increases?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Labor Economics

ISBN: 978-0073523200

6th edition

Authors: George J. Borjas

Question Posted: