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The Economics, Technology and Neuroscience of Human Capability Formation

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Author Info
James J. Heckman () (University of Chicago, American Bar Foundation, University College Dublin and IZA)

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Abstract

This paper begins the synthesis of two currently unrelated literatures: the human capital approach to health economics and the economics of cognitive and noncognitive skill formation. A lifecycle investment framework is the foundation for understanding the origins of human inequality and for devising policies to reduce it.

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Publisher Info
Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 2875.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 29 pages
Date of creation: Jun 2007
Date of revision:
Handle: RePEc:iza:izadps:dp2875

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Postal: IZA, P.O. Box 7240, D-53072 Bonn, Germany
Phone: +49 228 3894 223
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Postal: IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany
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Related research
Keywords: critical periods; sensitive periods; early childhood; Barker hypothesis;

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Find related papers by JEL classification:
I12 - Health, Education, and Welfare - - Health - - - Health Production
I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Flavio Cunha & James J. Heckman & Lance Lochner & Dimitriy V. Masterov, 2005. "Interpreting the Evidence on Life Cycle Skill Formation," NBER Working Papers 11331, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. Flavio Cunha & James J. Heckman, 2007. "The Technology of Skill Formation," IZA Discussion Papers 2550, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  3. Anne Case & Darren Lubotsky & Christina Paxson, 2002. "Economic Status and Health in Childhood: The Origins of the Gradient," American Economic Review, American Economic Association, vol. 92(5), pages 1308-1334, December. [Downloadable!]
    Other versions:
  4. Pedro Carneiro & James J. Heckman, 2002. "The Evidence on Credit Constraints in Post--secondary Schooling," Economic Journal, Royal Economic Society, vol. 112(482), pages 705-734, October. [Downloadable!] (restricted)
    Other versions:
  5. Gordon B. Dahl & Lance Lochner, 2005. "The Impact of Family Income on Child Achievement," NBER Working Papers 11279, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  6. Grossman, Michael, 1972. "On the Concept of Health Capital and the Demand for Health," Journal of Political Economy, University of Chicago Press, vol. 80(2), pages 223-55, March-Apr. [Downloadable!] (restricted)
  7. Samuel Bowles & Herbert Gintis & Melissa Osborne, 2001. "The Determinants of Earnings: A Behavioral Approach," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1137-1176, December. [Downloadable!] (restricted)
  8. Heckman, James J, 1995. "Lessons from the Bell Curve," Journal of Political Economy, University of Chicago Press, vol. 103(5), pages 1091-1120, October. [Downloadable!] (restricted)
  9. M. Christopher Auld & Nirmal Sidhu, 2004. "Schooling, cognitive ability, and health," HEW 0406001, EconWPA. [Downloadable!]
    Other versions:
  10. Lex Borghans & Angela Lee Duckworth & James J. Heckman & Bas ter Weel, 2008. "The Economics and Psychology of Personality Traits," NBER Working Papers 13810, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  11. Becker, Gary S & Tomes, Nigel, 1986. "Human Capital and the Rise and Fall of Families," Journal of Labor Economics, University of Chicago Press, vol. 4(3), pages S1-39, July. [Downloadable!] (restricted)
    Other versions:
  12. James Smith, 2007. "Diabetes and the Rise of the SES Health Gradient," NBER Working Papers 12905, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  13. James J. Heckman & Jora Stixrud & Sergio Urzua, 2006. "The Effects of Cognitive and Noncognitive Abilities on Labor Market Outcomes and Social Behavior," NBER Working Papers 12006, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  14. John M. Barron & Mark C. Berger & Dan A. Black, 2006. "Selective Counteroffers," Journal of Labor Economics, University of Chicago Press, vol. 24(3), pages 385-410, July. [Downloadable!]
  15. Grossman, Michael, 2000. "The human capital model," Handbook of Health Economics, in: A. J. Culyer & J. P. Newhouse (ed.), Handbook of Health Economics, edition 1, volume 1, chapter 7, pages 347-408 Elsevier. [Downloadable!] (restricted)
  16. Richard J. Murnane & John B. Willett & Frank Levy, 1995. "The Growing Importance of Cognitive Skills in Wage Determination," NBER Working Papers 5076, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  17. Carneiro, Pedro & Heckman, James J., 2003. "Human Capital Policy," IZA Discussion Papers 821, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  18. Costas Megir & Martin Palme, 2001. "The effect of a social experiment in education," CEE Discussion Papers 0014, Centre for the Economics of Education, LSE. [Downloadable!]
  19. Costas Meghir & Mårten Palme, 2001. "The effect of a social experiment in education," IFS Working Papers W01/11, Institute for Fiscal Studies.
    Other versions:
  20. Flavio Cunha & James J. Heckman, 2008. "Formulating, Identifying and Estimating the Technology of Cognitive and Noncognitive Skill Formation," Journal of Human Resources, University of Wisconsin Press, vol. 43(4). [Downloadable!] (restricted)
  21. Shane Frederick, 2005. "Cognitive Reflection and Decision Making," Journal of Economic Perspectives, American Economic Association, vol. 19(4), pages 25-42, Fall. [Downloadable!] (restricted)
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Salm, Martin & Schunk, Daniel, 2008. "The Role of Childhood Health for the Intergenerational Transmission of Human Capital: Evidence from Administrative Data," IZA Discussion Papers 3646, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  2. Pierre Lefebvre & Philip Merrigan, 2008. "Family Background, Family Income, Cognitive Tests Scores, Behavioural Scales and their Relationship with Post-secondary Education Participation: Evidence from the NLSCY," Cahiers de recherche 0830, CIRPEE. [Downloadable!]
  3. Douglas Almond & Lena Edlund & Hongbin Li & Junsen Zhang, 2008. "Long-Term Effects of Early-Life Development: Evidence from the 1959-1961 China Famine," NBER Chapters, in: The Economic Consequences of Demographic Change in East Asia, NBER-EASE Volume 19 National Bureau of Economic Research, Inc. [Downloadable!]
  4. Blomeyer, Dorothea & Coneus, Katja & Laucht, Manfred & Pfeiffer, Friedhelm, 2008. "Initial Risk Matrix, Home Resources, Ability Development and Children's Achievement," IZA Discussion Papers 3692, Institute for the Study of Labor (IZA). [Downloadable!]
  5. Robert Kaestner, 2009. "Adolescent Cognitive and Non-cognitive Correlates of Adult Health," NBER Working Papers 14924, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  6. Michael Daly & Liam Delaney & Colm Harmon, 2008. "Psychological and Biological Foundations of Time Preference - Evidence from a Day Reconstruction Study with Biological Tracking," Working Papers 200819, School Of Economics, University College Dublin. [Downloadable!]
    Other versions:
  7. Douglas Almond & Bhashkar Mazumder, 2008. "Health Capital and the Prenatal Environment: The Effect of Maternal Fasting During Pregnancy," NBER Working Papers 14428, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  8. Katja Coneus & C. Katharina Spieß, 2008. "The Intergenerational Transmission of Health in Early Childhood," SOEPpapers 126, DIW Berlin, The German Socio-Economic Panel (SOEP). [Downloadable!]
  9. Julie Berry Cullen & Brian A. Jacob, 2007. "Is Gaining Access to Selective Elementary Schools Gaining Ground? Evidence From Randomized Lotteries," NBER Working Papers 13443, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  10. Blomeyer, Dorothea & Coneus, Katja & Laucht, Manfred & Pfeiffer, Friedhelm, 2008. "Self-Productivity and Complementarities in Human Development: Evidence from the Mannheim Study of Children at Risk," IZA Discussion Papers 3734, Institute for the Study of Labor (IZA). [Downloadable!]
  11. Flavio Cunha & James J. Heckman, 2009. "The Economics and Psychology of Inequality and Human Development," NBER Working Papers 14695, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  12. Stephanie von Hinke Kessler Scholder, 2007. "Maternal Employment and Overweight Children: Does Timing Matter?," The Centre for Market and Public Organisation 07/180, Department of Economics, University of Bristol, UK. [Downloadable!]
    Other versions:
  13. Philipp Eisenhauer & Friedhelm Pfeiffer, 2008. "Assessing Intergenerational Earnings Persistence among German Workers," SOEPpapers 134, DIW Berlin, The German Socio-Economic Panel (SOEP). [Downloadable!]
  14. Richard G. Frank & Ellen Meara, 2009. "The Effect of Maternal Depression and Substance Abuse on Child Human Capital Development," NBER Working Papers 15314, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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