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Measuring Investment in Human Capital Formation: An Experimental Analysis of Early Life Outcomes

Doyle, Orla; Harmon, Colm P.; Heckman, James J.; Logue, … - 2013

The literature on skill formation and human capital development clearly demonstrates that early investment in children is an equitable and efficient policy with large returns in adulthood. Yet little is known about the mechanisms involved in producing these long-term effects. This paper presents...

Persistent link: https://www.econbiz.de/10010328970

A New Cost-Benefit and Rate of Return Analysis for the Perry Preschool Program: A Summary

Heckman, James J.; Moon, Seong Hyeok; Pinto, Rodrigo; … - 2010

This paper summarizes our recent work on the rate of return and cost-benefit ratio of an influential early childhood program.

Persistent link: https://www.econbiz.de/10010331385

Measuring investment in human capital formation: An experimental analysis of early life outcomes

Doyle, Orla; Harmon, Colm; Heckman, James J.; Logue, … - 2013

Persistent link: https://www.econbiz.de/10010343164

The American family in black and white: A post-racial strategy for improving skills to promote equality

Heckman, James J. - 2011

In contemporary America, racial gaps in achievement are primarily due to gaps in skills. Skill gaps emerge early before children enter school. Families are major producers of those skills. Inequality in performance in school is strongly linked to inequality in family environments. Schools do...

Persistent link: https://www.econbiz.de/10010278496

Intergenerational Long Term Effects of Preschool: Structural Estimates from a Discrete Dynamic Programming Model

Heckman, James J.; Raut, Lakshmi Kanta - 2013

This paper formulates a structural dynamic programming model of preschool investment choices of altruistic parents and then empirically estimates the structural parameters of the model using the NLSY79 data. The paper finds that preschool investment significantly boosts cognitive and...

Persistent link: https://www.econbiz.de/10010319531

Understanding the mechanisms through which an influential early childhood program boosted adult outcomes

Heckman, James J.; Pinto, Rodrigo; Savelyev, Peter - 2012

A growing literature establishes that high quality early childhood interventions targeted toward disadvantaged children have substantial impacts on later life outcomes. Little is known about the mechanisms producing these impacts. This paper uses longitudinal data on cognitive and personality...

Persistent link: https://www.econbiz.de/10010291343

Innovation and firm growth in high-tech sectors: A quantile regression approach

Coad, Alex; Rao, Rekha - 2007

We relate innovation to sales growth for incumbent firms in high-tech sectors. A firm, on average, experiences only … returns to innovation are highly skewed and that growth rates distributions are heavy-tailed, it may be misleading to use … that innovation is of crucial importance for a handful of superstar fast-growth firms. We also discuss policy implications …

Persistent link: https://www.econbiz.de/10010328389

Distance to frontier and appropriate business strategy

Coad, Alex - 2008

This paper is an empirical test of the hypothesis that the appropriateness of different business strategies is conditional on the firm's distance to the industry frontier. We use data on four 2-digit high-tech manufacturing industries in the US over the period 1972-1999, and apply...

Persistent link: https://www.econbiz.de/10010328409

Distance to frontier and appropriate business strategy

Coad, Alex - 2008

Persistent link: https://www.econbiz.de/10010266700