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The Productivity Argument for Investing in Young Children

Author

Listed:
  • Heckman, James J.

    (University of Chicago)

  • Masterov, Dimitriy V.

    (University of Michigan)

Abstract

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

Suggested Citation

  • Heckman, James J. & Masterov, Dimitriy V., 2007. "The Productivity Argument for Investing in Young Children," IZA Discussion Papers 2725, Institute of Labor Economics (IZA).
  • Handle: RePEc:iza:izadps:dp2725
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    References listed on IDEAS

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    More about this item

    Keywords

    noncognitive skills; early childhood investment; cognitive skills;
    All these keywords.

    JEL classification:

    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy

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