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Full-Text Articles in Behavioral Economics
A New Cost-Benefit And Rate Of Return Analysis For The Perry Preschool Program: A Summary, James Heckman, Seong Moon, Rodrigo Pinto, Peter A. Savelyev
A New Cost-Benefit And Rate Of Return Analysis For The Perry Preschool Program: A Summary, James Heckman, Seong Moon, Rodrigo Pinto, Peter A. Savelyev
Arts & Sciences Book Chapters
Childhood Programs and Practices in the First Decade of Life presents research findings on the effects of early childhood programs and practices in the first decade of life and their implications for policy development and reform. Leading scholars in the multidisciplinary field of human development and in early childhood learning discuss the effects and cost-effectiveness of the most influential model, state, and federally funded programs, policies, and practices. These include Head Start, Early Head Start, the WIC nutrition program, Nurse Family Partnership, and Perry Preschool as well as school reform strategies. This volume provides a unique multidisciplinary approach to understanding …
The Rate Of Return To The Highscope Perry Preschool Program, James J. Heckman, Seong Hyeok Moon, Rodrigo Pinto, Peter A. Savelyev, Adam Yavitz
The Rate Of Return To The Highscope Perry Preschool Program, James J. Heckman, Seong Hyeok Moon, Rodrigo Pinto, Peter A. Savelyev, Adam Yavitz
Arts & Sciences Articles
This paper estimates the rate of return to the HighScope Perry Preschool Program, an early intervention program targeted toward disadvantaged African-American youth. Estimates of the rate of return to the Perry program are widely cited to support the claim of substantial economic benefits from preschool education programs. Previous studies of the rate of return to this program ignore the compromises that occurred in the randomization protocol. They do not report standard errors. The rates of return estimated in this paper account for these factors. We conduct an extensive analysis of sensitivity to alternative plausible assumptions. Estimated annual social rates of …