The Productivity Argument for Investing in Young Children

100 Pages Posted: 26 Apr 2007

See all articles by James J. Heckman

James J. Heckman

University of Chicago - Department of Economics; National Bureau of Economic Research (NBER); American Bar Foundation; Institute for the Study of Labor (IZA); CESifo (Center for Economic Studies and Ifo Institute)

Dimitriy V. Masterov

University of Michigan at Ann Arbor

Multiple version iconThere are 2 versions of this paper

Date Written: April 2007

Abstract

This paper presents a productivity argument for investing in disadvantaged young children. For such investment, there is no equity-efficiency tradeoff.

Keywords: early childhood investment, noncognitive skills, cognitive skills

JEL Classification: H52, I28

Suggested Citation

Heckman, James J. and Masterov, Dimitriy V., The Productivity Argument for Investing in Young Children (April 2007). IZA Discussion Paper No. 2725. Available at SSRN: https://ssrn.com/abstract=982117

James J. Heckman (Contact Author)

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Dimitriy V. Masterov

University of Michigan at Ann Arbor ( email )

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Ann Arbor, MI 48109
United States

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