Nber Working Paper Series Investing in Our Young People
نویسندگان
چکیده
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. Flavio Cunha Department of Economics University of Pennsylvania 160 McNeil Building 3718 Locust Walk Philadelphia, PA 19104-6297 and NBER [email protected] James J. Heckman Department of Economics The University of Chicago 1126 E. 59th Street Chicago, IL 60637 and University College Dublin and IZA and also NBER [email protected] Investing in Our Young People Flavio Cunha University of Pennsylvania James Heckman University of Chicago Geary Institute, University College Dublin and American Bar Foundation
منابع مشابه
Nber Working Paper Series Effects of Welfare Reform on Educational Acquisition of Young Adult Women
متن کامل
Health Care
WWW.NBER.ORG Our web site features a searchable index to over 5000 NBER Working Papers issued since 1978. It also includes searchable indexes to all NBER books and to all current NBER Research Associates and Faculty Research Fellows. In addition, our web site has the NBER Macroeconomic History Database (3500 different time series), the Penn-World Tables of country data, and other items. *Garber...
متن کاملNber Working Paper Series Constrained after College: Student Loans and Early Career Occupational Choices
In the early 2000s, a highly selective university introduced a "no-loans" policy under which the loan component of financial aid awards was replaced with grants. We use this natural experiment to identify the causal effect of student debt on employment outcomes. In the standard life-cycle model, young people make optimal educational investment decisions if they are able to finance these investm...
متن کاملInvesting in Our Young People
Investing in Our Young People 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 c...
متن کاملNber Working Paper Series Self-protection and Insurance with Interdependencies
The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research. ' 2007 by Alexander Muermann and Howard Kunreuther. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including ' notice, is given to the source. ABSTRACT We study...
متن کامل