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Long Term Effects of Preschool Investment on school Performance and Labor Market Outcome

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Author Info

  • Lakshmi K. Raut

    (Cal State Fullerton)

Abstract

Using 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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File URL: http://128.118.178.162/eps/lab/papers/0307/0307002.pdf
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Bibliographic Info

Paper provided by EconWPA in its series Labor and Demography with number 0307002.

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Length: 24 pages
Date of creation: 21 Jul 2003
Date of revision:
Handle: RePEc:wpa:wuwpla:0307002

Note: Type of Document - Microsoft Word; prepared on PC; to print on HP/PostScript/Franciscan monk; pages: 24 ; figures: included. We never published this piece and now we would like to reduce our mailing and xerox cost by posting it.
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Web page: http://128.118.178.162

Related research

Keywords: Preschool Investment; Early Childhood Development; Intergenerational Social Mobility; College Mobility;

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References

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  1. Hanushek, Eric A, 1986. "The Economics of Schooling: Production and Efficiency in Public Schools," Journal of Economic Literature, American Economic Association, vol. 24(3), pages 1141-77, September.
  2. James J. Heckman, 2000. "Policies to Foster Human Capital," JCPR Working Papers 154, Northwestern University/University of Chicago Joint Center for Poverty Research.
  3. Thomas, D. & Currie, J., 1993. "Does Head Start Make a Difference?," Papers 694, Yale - Economic Growth Center.
  4. Janet Currie, 2001. "Early Childhood Education Programs," Journal of Economic Perspectives, American Economic Association, vol. 15(2), pages 213-238, Spring.
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Cited by:
  1. Shuyun May Li & Solmaz Moslehi & Siew Ling Yew, 2012. "Public-Private Mix of Health Expenditure: A Political Economy Approach and A Quantitative Exercise," Development Research Unit Working Paper Series 11-12, Monash University, Department of Economics.
  2. Osang, Thomas & Sarkar, Jayanta, 2005. "Endogenous Mortality, Human Capital and Endogenous Growth," Departmental Working Papers 0511, Southern Methodist University, Department of Economics.
  3. Osang, Thomas & Sarkar, Jayanta, 2008. "Endogenous mortality, human capital and economic growth," Journal of Macroeconomics, Elsevier, vol. 30(4), pages 1423-1445, December.

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