Category Archives: Timing of benefits

Do early childhood programs pay for themselves?

Today I continue to provide brief responses to questions I have received at presentations. Today’s question: “Do early childhood programs pay for themselves?” In the long-run, high quality early childhood programs are self-financing; in the short-run, a significant portion of … Continue reading

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New long-term estimates of the effects of the Abecedarian program

Recently, Frances Campbell and her colleagues have published a paper that provides new long-term estimates of the effects of the Abecedarian program. These estimates suggest greater long-run benefits of the Abecedarian program than were projected based on previous results at … Continue reading

Posted in Early childhood program design issues, Early childhood programs, Economic development, Timing of benefits | 3 Comments

How will investing in kids pay off in the short-run?

I’m continuing to do a series of posts that provide brief answers to questions I’ve received about early childhood programs. Today’s question: “How will investing in kids pay off in the short-run? The major benefits of investing in early childhood … Continue reading

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How do payoffs differ between early interventions and late interventions?

A recent paper, by Susan Dynarski, Joshua Hyman, and Diane Whitmore Schanzenbach, has received some attention in the early education community, and elsewhere. The paper is entitled “Experimental Evidence on the Effect of Childhood Investments on Postsecondary Attainment and Degree … Continue reading

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How does preschool have long-run effects?

A recently published book has some interesting findings on the causal chain of events by which high-quality preschool education has long-run effects on adult outcomes. The book is “Childhood Programs and Practices in the First Decade of Life”. I recommend … Continue reading

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Cost-effective short-term job creation policies

The U.S. economy is clearly in need of short-term job creation policies. The economy is short at least 12 million jobs, compared to what would be required to match pre-recession employment-to-population ratios. Unless something dramatic changes, these slack labor market … Continue reading

Posted in Business incentives, Early childhood programs, Economic development, Timing of benefits | 1 Comment

Top ten points of my book

A reader requested my summary of the “Top Ten” points of my book. Unfortunately, for reasons of logic, I think I need to do this list in order from 1 to 10 rather than in David Letterman’s reverse order. I’ve … Continue reading

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Powerpoint on early childhood programs and local economic development

I gave a talk this morning to the Youth Human Capital and Economic Development Network. This network is sponsored by the Human Capital and Economic Opportunity Working Group of the Milton Friedman Institute at the University of Chicago. This overall … Continue reading

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Budget deficits and early childhood programs

For better or worse, it appears we are engaged in a debate about how to reduce projected future budget deficits. This is true both at the federal level and in many states. What relationship, if anything, do early childhood programs … Continue reading

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Limitations of special education cost savings as an argument for early childhood programs

A previous post argues that in some cases, some targeted preschool programs may yield large short-term and medium-term savings in special education costs. For example, these cost savings may start out at 11% after 1 year, and then increase by … Continue reading

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