This paper formulates and estimates multistage production functions for children's cognitive and noncognitive skills … investment in children compared to later remediation. We establish nonparametric identification of a general class of production … targeting of interventions to children with different parental and personal birth endowments. Substitutability decreases in …

induces some students to drop out of school. The GED program is unique to the United States and Canada, but provides policy …

of return that takes into account tuition, income taxes and forms of uncertainty. We also contrast estimates based on a …

emergence of differentials in abilities between children of advantaged families and children of disadvantaged families, (c) the …

forecastable at the time students decide to go to college (heterogeneity) and components that are unforecastable. About 60% of …

complementarities in skill formation. Investments in the human capital of children should expand relative to investment in older workers …