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Returns to Education in the Russian Federation : Does Depreciation Explain Some Recent Trends? (anglais)

This paper explores the topic of depreciation of human capital as a possible explanation for observed trends in the returns to education in the Russian Federation. Estimates of depreciation are presented for various sample groups. Depreciation first decreased and then increased in the period 1994-2018. University educated workers add human capital even after they stop full-time studies; this happens less with vocational graduates.
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