Long Term Effects of Preschool Investment on school Performance and Labor Market Outcome
AbstractUsing the NLSY data set, this paper formulates and then empirically estimates the production processes for social, motivational and cognitive skills during early childhood development and the long-term effects of these skills on learning and life-time earnings of an individual. Using these estimated relationships, the paper provides a calibrated intergenerational altruistic model of parental investment in children's preschool. This dynamic model is then used to estimate the effects of publicly provided preschool to the children of poor socioeconomic status (SES) on college mobility and intergenerational social mobility and to estimate the tax burden of such a social contract.
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Bibliographic InfoPaper provided by EconWPA in its series Labor and Demography with number 0307002.
Length: 24 pages
Date of creation: 21 Jul 2003
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Preschool Investment; Early Childhood Development; Intergenerational Social Mobility; College Mobility;
Find related papers by JEL classification:
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J62 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Job, Occupational and Intergenerational Mobility; Promotion
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
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