The Dynastic Benefits of Early Childhood Education / Jorge Luis García, Frederik H. Bennhoff, Duncan Ermini Leaf, James J. Heckman.

Format:

Book

Author/Creator:

García, Jorge Luis.

Contributor:

Bennhoff, Frederik H.

Ermini Leaf, Duncan.

Heckman, James J.

National Bureau of Economic Research.

Series:

Working Paper Series (National Bureau of Economic Research) no. w29004.

NBER working paper series no. w29004

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2021.

Summary:

This paper monetizes the life-cycle intragenerational and intergenerational benefits of the Perry Preschool Project, a pioneering high-quality early childhood education program implemented before Head Start that targeted disadvantaged African-Americans and was evaluated by a randomized trial. It has the longest follow-up of any experimentally evaluated early childhood education program. We follow participants into late midlife as well as their children into adulthood. Impacts on the original participants and their children generate substantial benefits. Access to life-cycle data enables us to evaluate the accuracy of widely used schemes to forecast life-cycle benefits from early-life test scores, which we find wanting.

Notes:

July 2021.

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