Intergenerational long term effects of preschool-structural estimates from a discrete dynamic programming model.

Autor/inn/en	Heckman, James J.; Raut, Lakshmi K.
Institution	National Bureau of Economic Research
Titel	Intergenerational long term effects of preschool-structural estimates from a discrete dynamic programming model.
Quelle	Cambridge, Mass. (2013), S. 164-175 PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	NBER working paper. 19077
Sprache	englisch
Dokumenttyp	online; Monografie
Schlagwörter	Bildung; Intelligenz (Psychologie); Kognitive Kompetenz; Lernfähigkeit; Selbsteinschätzung; Soziale Mobilität; Generation; Bildungsertrag; Vorschulerziehung; Motivation; Mobilität; Einkommenseffekt; Investition; Sozialer Aufstieg; Arbeitspapier; Auswirkung; USA
Abstract	"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 non-cognitive skills, which enhance earnings and school outcomes. It also finds that a standard Mincer earnings function, by omitting measures of non-cognitive skills on the right hand side, overestimates the rate of return to schooling. From the estimated equilibrium Markov process, the paper studies the nature of within generation earnings distribution and intergenerational earnings and schooling mobility. The paper finds that a tax financed free preschool program for the children of poor socioeconomic status generates positive net gains to the society in terms of average earnings and higher intergenerational earnings and schooling mobility." The study refers to the period 1979-2010 (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2025/3