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Estimating the Technology of Cognitive and Noncognitive Skill Formation

Cunha, Flavio - 2015

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/10013039154

The Economics of Human Development and Social Mobility

Heckman, James J. - 2014

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/10013058273

Earnings Functions and Rates of Return

Heckman, James J. - 2010

internal rates of return that take into account tuition costs, income taxes and nonlinearities in the earnings …

Persistent link: https://www.econbiz.de/10012759549

Schools, Skills, and Synapses

Heckman, James J. - 2008

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

Persistent link: https://www.econbiz.de/10012771710

Early Health Shocks, Intrahousehold Resource Allocation, and Child Outcomes

Yi, Junjian - 2014

early health shocks for children. We estimate a human capital production function and establish that, for this sample, early …

Persistent link: https://www.econbiz.de/10013039768

The Race between Demand and Supply : Tinbergen's Pioneering Studies of Earnings Inequality

Heckman, James J. - 2019

Understanding inequality and devising policies to alleviate it was a central focus of Jan Tinbergen's lifetime research. He was far ahead of his time in many aspects of his work. This essay places his work in the perspective of research on inequality in his time and now, focusing on his studies...

Persistent link: https://www.econbiz.de/10012895908

Estimation of Dynamic Discrete Choice Models by Maximum Likelihood and the Simulated Method of Moments

Eisenhauer, Phillipp - 2014

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/10013044978

Separating Uncertainty from Heterogeneity in Life Cycle Earnings

Cunha, Flavio; Heckman, James J.; Navarro-Lozano, Salvador - 2021

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

Persistent link: https://www.econbiz.de/10013216132

Estimating Distributions of Treatment Effects with an Application to the Returns to Schooling and Measurement of the Effects of Uncertainty on College

Carneiro, Pedro Manuel; Hansen, Karsten T.; Heckman, … - 2021

This paper uses factor models to identify and estimate distributions of counterfactuals. We extend LISREL frameworks to a dynamic treatment effect setting, extending matching to account for unobserved conditioning variables. Using these models, we can identify all pairwise and joint treatment...

Persistent link: https://www.econbiz.de/10013217582

Selection Bias, Comparative Advantage and Heterogeneous Returns to Education

Heckman, James J.; Li, Xuesong - 2021

This paper uses newly available Chinese micro data to estimate the return to college education for late 20th century China when allowing for heterogeneous returns among individuals selecting into schooling based on these differences. We use recently developed semiparametric methods to identify...

Persistent link: https://www.econbiz.de/10013221843