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Title: Long-Run Economic Effects of Early Childhood Programs on Adult Earnings
Resulting in 1 citation.
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Brooks-Gunn, Jeanne Magnuson, Katherine A. Waldfogel, Jane |
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Long-Run Economic Effects of Early Childhood Programs on Adult Earnings Issue Paper #12, Partnership for America's Economic Success (PAES), Pew Charitable Trust, Washington, DC, February 2009. Also: http://www.partnershipforsuccess.org/uploads/20090504_LongRunAdultEarningsReport.pdf Cohort(s): Children of the NLSY79 Publisher: Pew Charitable Trust Keyword(s): Behavior Problems Index (BPI); Children, Home Environment; Earnings; Economic Well-Being; Home Observation for Measurement of Environment (HOME); Labor Market Outcomes; Peabody Individual Achievement Test (PIAT- Math); Peabody Individual Achievement Test (PIAT- Reading) Permission to reprint the abstract has not been received from the publisher. Researchers and policymakers alike want to better understand the long-run effects of investments in children's well-being. Yet, only a few studies have examined how participants in early childhood interventions fare as adults. These studies suggest that early investments may have sizable payoffs for children's later success. In the absence of long-run data on children's outcomes, how can we determine the long-run monetary value of improvements in young children's well-being? In this report we describe a way to link improvements in aspects of children's early health, achievement, and behavior to improved labor market outcomes when they become adults. We apply the same method to link improvements in the parenting children receive with their success in the labor market as adults. Our results suggest that investments in early childhood that improve these aspects of development will likely have important payoffs. However, the magnitude of these payoffs is strongly dependent on the extent to which early program effects are maintained over time. We draw both substantive and methodological conclusions from this research. Both are important to understanding and quantifying the potential of early interventions to improve later outcomes. Our key substantive finding is that early improvements in child health, academic achievement, and behavior as well as improved parenting can yield sizable economic benefits for adult earnings. Our key methodological contribution is the application of a two-step method for linking improvements in early outcomes to long-run economic gains. |
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Bibliography Citation
Brooks-Gunn, Jeanne, Katherine A. Magnuson and Jane Waldfogel. "Long-Run Economic Effects of Early Childhood Programs on Adult Earnings." Issue Paper #12, Partnership for America's Economic Success (PAES), Pew Charitable Trust, Washington, DC, February 2009. |