Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10012989824
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 …
Persistent link: https://www.econbiz.de/10013148325
importance of credit constraints in forming skills is examined. There is little support for the claim that untargeted income … will better capture the active role of the emerging autonomous child in learning and responding to the actions of parents …
Persistent link: https://www.econbiz.de/10013057895
This paper formulates a structural dynamic programming model of preschool investment choices of altruistic parents and … preschool program for the children of poor socioeconomic status generates positive net gains to the society in terms of average …
Persistent link: https://www.econbiz.de/10013080874
The recent literature on instrumental variables (IV) features models in which agents sort into treatment status on the basis of gains from treatment as well as on baseline-pretreatment levels. Components of the gains known to the agents and acted on by them may not be known by the observing...
Persistent link: https://www.econbiz.de/10013154992
We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic features of educational choices in the United States in...
Persistent link: https://www.econbiz.de/10013045058
This paper analyzes the non-market benefits of education and ability. Using a dynamic model of educational choice we estimate returns to education that account for selection bias and sorting on gains. We investigate a range of non-market outcomes including incarceration, mental health, voter...
Persistent link: https://www.econbiz.de/10012946578
This paper considers the problem of making inferences about the effects of a program on multiple outcomes when the assignment of treatment status is imperfectly randomized. By imperfect randomization we mean that treatment status is reassigned after an initial randomization on the basis of...
Persistent link: https://www.econbiz.de/10013126934
This paper begins the synthesis of two currently unrelated literatures: the human capital approach to health economics and the economics of cognitive and noncognitive skill formation. A lifecycle investment framework is the foundation for understanding the origins of human inequality and for...
Persistent link: https://www.econbiz.de/10014049108