| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w23479 |
| 来源ID | Working Paper 23479 |
| Quantifying the Life-cycle Benefits of a Prototypical Early Childhood Program | |
| Jorge Luis García; James J. Heckman; Duncan Ermini Leaf; María José Prados | |
| 发表日期 | 2017-06-05 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | This paper quantifies and aggregates the multiple lifetime benefits of an influential high-quality early childhood program with outcomes measured through midlife. Guided by economic theory, we supplement experimental data with non-experimental data to forecast the life-cycle benefits and costs of the program. Our point estimate of the internal rate of return is 13.7% with an associated benefit/cost ratio of 7.3. We account for model estimation and forecasting error and present estimates from extensive sensitivity analyses. This paper is a template for synthesizing experimental and non-experimental data using economic theory to estimate the long-run life-cycle benefits of social programs. |
| 主题 | Econometrics ; Experimental Design ; Health, Education, and Welfare ; Education ; Labor Economics ; Demography and Aging |
| URL | https://www.nber.org/papers/w23479 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581153 |
| 推荐引用方式 GB/T 7714 | Jorge Luis García,James J. Heckman,Duncan Ermini Leaf,et al. Quantifying the Life-cycle Benefits of a Prototypical Early Childhood Program. 2017. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w23479.pdf（602KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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