Arbeitspapier

The Dynastic Benefits of Early Childhood Education

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 has the longest follow-up of any experimentally evaluated early childhood education program. We follow participants into late midlife as well as their children into adulthood. Impacts on the original participants and their children generate substantial benefits. Access to life-cycle data enables us to evaluate the accuracy of widely used schemes to forecast life-cycle benefits from early-life test scores, which we find wanting.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 14525

Klassifikation
Wirtschaft
Fertility; Family Planning; Child Care; Children; Youth
Education: Government Policy
Field Experiments
Project Evaluation; Social Discount Rate
Thema
cost-benefit analysis
dynastic benefits
early childhood education
intergenerational program evaluation
life-cycle benefits

Ereignis
Geistige Schöpfung
(wer)
García, Jorge Luis
Bennhoff, Frederik H.
Leaf, Duncan Ermini
Heckman, James J.
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2021

Handle
Letzte Aktualisierung
10.03.2025, 11:41 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.

Objekttyp

  • Arbeitspapier

Beteiligte

  • García, Jorge Luis
  • Bennhoff, Frederik H.
  • Leaf, Duncan Ermini
  • Heckman, James J.
  • Institute of Labor Economics (IZA)

Entstanden

  • 2021

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