The Dynastic Benefits of Early Childhood Education: Participant Benefits and Family Spillovers. Working Paper 31555

Autor/inn/en	García, Jorge Luis; Bennhoff, Frederik H.; Ermini Leaf, Duncan
Institution	National Bureau of Economic Research (NBER)
Titel	The Dynastic Benefits of Early Childhood Education: Participant Benefits and Family Spillovers. Working Paper 31555
Quelle	(2023) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Early Childhood Education; Educational Benefits; Efficiency; Preschool Education; Outcomes of Education; Longitudinal Studies; Cost Effectiveness + Suchen Sie Ihr Suchwort? Early childhood; Education; Frühkindliche Bildung; Frühpädagogik; Bildungsertrag; Effectiveness; Effektivität; Wirkungsgrad; Pre-school education; Vorschulerziehung; Lernleistung; Schulerfolg; Longitudinal study; Longitudinal method; Longitudinal methods; Längsschnittuntersuchung; Kosten-Nutzen-Analyse; Kosten-Nutzen-Denken
Abstract	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). (As Provided).
Anmerkungen	National Bureau of Economic Research. 1050 Massachusetts Avenue, Cambridge, MA 02138-5398. Tel: 617-588-0343; Web site: http://www.nber.org
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01