Working Paper: NBER ID: w16180
Authors: James J. Heckman; Seong Hyeok Moon; Rodrigo Pinto; Peter Savelyev; Adam Yavitz
Abstract: This paper summarizes our recent work on the rate of return and cost-benefit ratio of an influential early childhood program.
Keywords: Cost-benefit analysis; Rate of return; Early childhood education; Perry Preschool Program
JEL Codes: H43; J13; J24
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Perry Preschool Program (I21) | reduction in crime rates (K14) |
| Perry Preschool Program (I21) | improved educational outcomes (I24) |
| improved educational outcomes (I24) | reduction in crime rates (K14) |
| Perry Preschool Program (I21) | societal benefits (Z18) |
| reduction in crime rates (K14) | societal benefits (Z18) |