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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
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
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/10010343164
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
We examine how the gender of business-owners is related to the wages paid to female relative to male employees working in their firms. Using Finnish register data and employing firm fixed effects, we find that the gender pay gap is - starting from a gender pay gap of 11 to 12 percent - two to...
Persistent link: https://www.econbiz.de/10014514478
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
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-friendly environment, resulting in a low export ratio given the small size of the country and its long-time EU …
Persistent link: https://www.econbiz.de/10010331964
), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge …A rich literature links knowledge inputs with innovative outputs. However, most of what is known is restricted to … productivity - hold for knowledge intensive services. Combining the models of Crepon et al. (1998) and of Ackerberg et al. (2015 …
Persistent link: https://www.econbiz.de/10011947391
, most of them however working abroad. The central problem is the lack of an innovation-oriented industry structure and of a … well-functioning innovation system connecting research output with the demand of entrepreneurs and high-tech start-ups in …-added, the country has the opportunity to transform into an innovation-driven economy. …
Persistent link: https://www.econbiz.de/10010427265