This paper provides new estimates of depreciation rates for personal computers using an extensive database of prices of …. We decompose that decline into age-related depreciation and a revaluation effect, where the latter effect is driven by … measuring the depreciation of PCs in the National Income and Product Accounts (NIPAs) and were incorporated into the December …

This paper provides new estimates of depreciation rates for personal computers using an extensive database of prices of …. We decompose that decline into age-related depreciation and a revaluation effect, where the latter effect is driven by … measuring the depreciation of PCs in the National Income and Product Accounts (NIPAs) and were incorporated into the December …

This paper provides new estimates of depreciation rates for personal computers using an extensive database of prices of …. We decompose that decline into age-related depreciation and a revaluation effect, where the latter effect is driven by … measuring the depreciation of PCs in the National Income and Product Accounts (NIPAs) and were incorporated into the December …

, obsolescence, instantaneous depreciation, and age-related depreciation. The paper uses data on the resale price of computers and a …-related depreciation -- which is often identified as deterioration -- is estimated to be negligible. While the majority of the loss in …