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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
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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
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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
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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
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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
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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
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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/10010266700