IDEAS home Printed from https://ideas.repec.org/p/fip/r00034/101551.html
   My bibliography  Save this paper

Early Childhood Education in the Context of Lifetime Human Capital Investment

Author

Listed:
  • Jeffrey M. Lacker

Abstract

Long-run prospects for economic growth and prosperity crucially depend on human capital. Human capital investment has the highest potential reward when made earlier rather than later in life. Early childhood and later investments are complementary, so the long-term payoff of early childhood effort depends in part on the quality of later interventions, such as K-12 education. Formal investments in human capital have failed to keep pace with the nation’s growing demand for skilled workers, suggesting constraints in our education system. Maximizing the ultimate benefits of early childhood education may well require improving the quality of educational efforts later in life.

Suggested Citation

  • Jeffrey M. Lacker, 2015. "Early Childhood Education in the Context of Lifetime Human Capital Investment," Speech 101551, Federal Reserve Bank of Richmond.
    • Handle: RePEc:fip:r00034:101551
    as

    Download full text from publisher

    File URL: https://www.richmondfed.org/press_room/speeches/jeffrey_m_lacker/2015/lacker_speech_20151019
    File Function: Speech
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:r00034:101551. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Matt Myers (email available below). General contact details of provider: https://edirc.repec.org/data/frbrius.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.