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The Economics, Technology and Neuroscience of Human Capability Formation

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Author Info
James J. Heckman

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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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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 13195.

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Date of creation: Jun 2007
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Handle: RePEc:nbr:nberwo:13195

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Find related papers by JEL classification:
I1 - Health, Education, and Welfare - - Health
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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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, 2007. "The Technology of Skill Formation," IZA Discussion Papers 2550, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  2. 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)
  3. Cunha, Flavio & Heckman, James J. & Lochner, Lance, 2006. "Interpreting the Evidence on Life Cycle Skill Formation," Handbook of the Economics of Education, Elsevier. [Downloadable!] (restricted)
    Other versions:
  4. 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)
  5. M. Christopher Auld & Nirmal Sidhu, 2004. "Schooling, cognitive ability, and health," HEW 0406001, EconWPA. [Downloadable!]
    Other versions:
  6. Carneiro, Pedro & Heckman, James J., 2002. "The Evidence on Credit Constraints in Post-Secondary Schooling," IZA Discussion Papers 518, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  7. 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:
  8. 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)
  9. Carneiro, Pedro & Heckman, James J., 2003. "Human Capital Policy," IZA Discussion Papers 821, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  10. Shane Frederick, 2005. "Cognitive Reflection and Decision Making," Journal of Economic Perspectives, American Economic Association, vol. 19(4), pages 25-42, Fall. [Downloadable!] (restricted)
  11. Murnane, Richard J & Willett, John B & Levy, Frank, 1995. "The Growing Importance of Cognitive Skills in Wage Determination," The Review of Economics and Statistics, MIT Press, vol. 77(2), pages 251-66, May. [Downloadable!] (restricted)
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  12. 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:
  13. 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)
  14. 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)
  15. 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:
  16. 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:
  17. James Smith, 2007. "Diabetes and the Rise of the SES Health Gradient," NBER Working Papers 12905, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  18. 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!]
  19. 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!]
  20. Costas Meghir & Mårten Palme, 2001. "The effect of a social experiment in education," IFS Working Papers W01/11, Institute for Fiscal Studies.
    Other versions:
  21. 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)
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. 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:
  3. 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!]
  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. 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:
  6. 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:
  7. 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!]
  8. 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)
  9. 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!]
  10. 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:
  11. 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)
  12. Robert Kaestner, 2009. "Adolescent Cognitive and Non-cognitive Correlates of Adult Health," NBER Working Papers 14924, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  13. 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!]
  14. Philipp Eisenhauer & Friedhelm Pfeiffer, 2008. "Assessing Intergenerational Earnings Persistence among German Workers," SOEPpapers 134, DIW Berlin, The German Socio-Economic Panel (SOEP). [Downloadable!]
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