Arbeitspapier
The Dynastic Benefits of Early Childhood Education: Participant Benefits and Family Spillovers
We demonstrate the social efficiency of investing in high-quality early childhood education using newly collected data from the HighScope Perry Preschool Project. The data analyzed are the longest follow-up of any randomized early childhood education program. Annual observations of participant outcomes up to midlife allow us to provide a cost-benefit analysis without relying on forecasts. Adult outcomes on the participants' children and siblings allow us to quantify spillover benefits. The program generates a benefit-cost ratio of 6.0 (p-value = 0.03). Spillover benefits increase this ratio to 7.5 (p-value = 0.00).
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 16370
- Klassifikation
-
Wirtschaft
Fertility; Family Planning; Child Care; Children; Youth
Education: Government Policy
Field Experiments
Project Evaluation; Social Discount Rate
- Thema
-
cost-benefit analysis
early childhood education
intergenerational mobility
intergenerational program evaluation
life-cycle benefits
spillover effects
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bennhoff, Frederik H.
García, Jorge Luis
Leaf, Duncan Ermini
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
-
Bonn
- (wann)
-
2023
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bennhoff, Frederik H.
- García, Jorge Luis
- Leaf, Duncan Ermini
- Institute of Labor Economics (IZA)
Entstanden
- 2023
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