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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w15471 |
来源ID | Working Paper 15471 |
The Rate of Return to the High\/Scope Perry Preschool Program | |
James J. Heckman; Seong Hyeok Moon; Rodrigo Pinto; Peter A. Savelyev; Adam Yavitz | |
发表日期 | 2009-11-05 |
出版年 | 2009 |
语种 | 英语 |
摘要 | This paper estimates the rate of return to the High/Scope 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 social rates of return generally fall between 7-10 percent, with most estimates substantially lower than those previously reported in the literature. However, returns are generally statistically significantly different from zero for both males and females and are above the historical return on equity. Estimated benefit-to-cost ratios support this conclusion. |
主题 | Microeconomics ; Welfare and Collective Choice ; Health, Education, and Welfare ; Education |
URL | https://www.nber.org/papers/w15471 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573147 |
推荐引用方式 GB/T 7714 | James J. Heckman,Seong Hyeok Moon,Rodrigo Pinto,et al. The Rate of Return to the High\/Scope Perry Preschool Program. 2009. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w15471.pdf(311KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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