Arbeitspapier

Age-dependent skill formation and returns to education: simulation based evidence

This study integrates findings from neurobiology and psychology on early childhood development and self-regulation to assess returns to education. Our framework for evaluating the distribution of age-specific returns to investments in cognitive and noncognitive skills is a lifecycle simulation model based on the technology of skill formation (Cunha and Heckman (2007)). Our findings illustrate the cumulative and synergetic nature of skill formation, the skill multiplier, and the shaping role early childhood has for human capital formation, growth and inequality.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 2882

Classification
Wirtschaft
Subject
Bildungsverhalten
Lebenszyklus
Bildungsinvestition
Bildungsertrag
Persönlichkeitspsychologie
Altersgruppe
Schätzung
Deutschland

Event
Geistige Schöpfung
(who)
Pfeiffer, Friedhelm
Reuß, Karsten
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2007

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Pfeiffer, Friedhelm
  • Reuß, Karsten
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2007

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