33 Pages Posted: 19 Jul 2010
Date Written: July 2010
This paper reviews the recent literature on the production of skills of young persons. The literature features the multiplicity of skills that explain success in a variety of life outcomes. Noncognitive skills play a fundamental role in successful lives. The dynamics of skill formation reveal the interplay of cognitive and noncognitive skills, and the presence of critical and sensitive periods in the life-cycle. We discuss the optimal timing of investment over the life-cycle.
Suggested Citation: Suggested Citation
Cunha, Flavio and Heckman, James J., Investing in Our Young People (July 2010). NBER Working Paper No. w16201. Available at SSRN: https://ssrn.com/abstract=1641577