This paper reviews the recent literature on the production of skills of young persons. The literature features the multiplicity of skills that explain success in a variety of life outcomes. Noncognitive skills play a fundamental role in successful lives. The dynamics of skill formation reveal...

This paper reviews the recent literature on measuring and boosting cognitive and non-cognitive skills. The literature establishes that achievement tests do not adequately capture character skills: personality traits, goals, motivations, and preferences that are valued in the labor market, in...

This paper monetizes the life-cycle intragenerational and intergenerational benefits of the Perry Preschool Project, a pioneering high-quality early childhood education program implemented before Head Start that targeted disadvantaged African-Americans and was evaluated by a randomized trial. It...