Intergenerational Long Term Effects of Preschool - Structural Estimates from a Discrete Dynamic Programming Model
AbstractUsing the NLSY79 and the NLSY79 Children and Young Adults datasets, this paper formulates, provides conditions for parametric and non-parametric identification and empirically estimates the parameters of an altruistic model of parental preschool investment within a structural dynamic programming framework. It then examines the effect of a publicly provided preschool policy to disadvantaged children on their educational and labor market achievements, and also on the inter-generational long-term effects on social mobility, college mobility, and earnings inequality. The paper calculates the tax burden of such a social contract policy, taking into account these intra- and inter-generational effects.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 20657.
Date of creation: 27 Jan 2002
Date of revision: 23 Dec 2009
Preschool Investment; Early Childhood Development; Intergenerational Social Mobility; Structural Dynamic Programming;
Other versions of this item:
- Heckman, James J. & Raut, Lakshmi K., 2013. "Intergenerational Long Term Effects of Preschool: Structural Estimates from a Discrete Dynamic Programming Model," IZA Discussion Papers 7415, Institute for the Study of Labor (IZA).
- James J. Heckman & Lakshmi K. Raut, 2013. "Intergenerational Long Term Effects of Preschool - Structural Estimates from a Discrete Dynamic Programming Model," NBER Working Papers 19077, National Bureau of Economic Research, Inc.
- C5 - Mathematical and Quantitative Methods - - Econometric Modeling
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Intergenerational Long Term Effects of Preschool Structural Estimates from a Discrete Dynamic Programming Model
by maximorossi in NEP-LTV blog on 2013-06-11 20:46:30
- Karl Aiginger & Susanne Bärenthaler-Sieber & Johanna Vogel, 2013. "Competitiveness under New Perspectives," WWWforEurope Working Papers series 44, WWWforEurope.
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