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

Lakshmi Raut ()

Labor and Demography from University Library of Munich, Germany

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.

Keywords: Preschool Investment; Early Childhood Development; Intergenerational Social Mobility; College Mobility (search for similar items in EconPapers)
JEL-codes: I21 J24 J62 O15 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2003-07-21
New Economics Papers: this item is included in nep-edu
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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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpla:0307002

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