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Source: Studies in Microeconomics
Resulting in 1 citation.
1. Raut, Lakshmi K.
Long-term Effects of Preschool on School Performance, Earnings and Social Mobility
Studies in Microeconomics published online (30 November 2018): DOI: 10.1177/2321022218802023.
Also: https://journals.sagepub.com/doi/abs/10.1177/2321022218802023
Cohort(s): NLSY79
Publisher: Sage Publications
Keyword(s): Disadvantaged, Economically; Earnings; Family Constraints; Mobility, Social; Parental Investments; Preschool Children; School Performance; Sociability/Socialization/Social Interaction; Socioeconomic Background

Permission to reprint the abstract has not been received from the publisher.

Children from disadvantaged families perform very poorly in school and labour market because they acquire low level of social, motivational and cognitive skills during their early childhood development. Using the NLSY data set, this paper formulates and then estimates the production processes for cognitive skills and non-cognitive skills such as social and motivational skills during early childhood development and the long-term effects of these skills on learning and lifetime earnings of an individual. Using these estimated relationships, the paper provides a calibrated intergenerational altruistic model of parental investment in children's preschool. This dynamic model is then used to estimate the effects of publicly provided preschool to the children of poor socioeconomic status (SES) as a social contract on lifetime earnings distribution, intergenerational college and social mobility, and to estimate the tax burden of such a social contract.
Bibliography Citation
Raut, Lakshmi K. "Long-term Effects of Preschool on School Performance, Earnings and Social Mobility." Studies in Microeconomics published online (30 November 2018): DOI: 10.1177/2321022218802023.