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dc.contributor.authorCunha, Flavioen
dc.contributor.authorHeckman, James J.en
dc.contributor.authorSchennach, Susanne M.en
dc.date.accessioned2010-08-03-
dc.date.accessioned2012-10-16T13:12:10Z-
dc.date.available2012-10-16T13:12:10Z-
dc.date.issued2010-
dc.identifier.pidoi:10.1920/wp.cem.2010.0910en
dc.identifier.urihttp://hdl.handle.net/10419/64742-
dc.description.abstractThis paper formulates and estimates multistage production functions for children's cognitive and noncognitive skills. Skills are determined by parental environments and investments at different stages of childhood. We estimate the elasticity of substitution between investments in one period and stocks of skills in that period to assess the benefits of early investment in children compared to later remediation. We establish nonparametric identfication of a general class of production technologies based on nonlinear factor models with endogenous inputs. A by-product of our approach is a framework for evaluating childhood and schooling interventions that does not rely on arbitrarily scaled test scores as outputs and recognizes the differential effects of the same bundle of skills in different tasks. Using the estimated technology, we determine optimal targeting of interventions to children with different parental and personal birth endowments. Substitutability decreases in later stages different parental and personal birth endowments. Substitutability decreases in later stages of the life cycle in the production of cognitive skills. It is roughly constant across stages of the life cycle in the production of noncognitive skills. This finding has important implications for the design of policies that target the disadvantaged. For most configurations of disadvantage, it is optimal to invest relatively more in the early stages of childhood than in later states.en
dc.language.isoengen
dc.publisher|aCentre for Microdata Methods and Practice (cemmap) |cLondonen
dc.relation.ispartofseries|acemmap working paper |xCWP09/10en
dc.subject.jelC31en
dc.subject.jelJ13en
dc.subject.ddc330en
dc.subject.keywordcognitive skillsen
dc.subject.keywordnoncognitive skillsen
dc.subject.keyworddynamic factor analysisen
dc.subject.keywordendogeneity of inputs anchoring test scoresen
dc.subject.keywordparental in influenceen
dc.subject.stwIntelligenzen
dc.subject.stwBildungsniveauen
dc.subject.stwKinderen
dc.subject.stwBildungsinvestitionen
dc.subject.stwElternen
dc.subject.stwFamiliensoziologieen
dc.subject.stwFaktorenanalyseen
dc.subject.stwSchätzungen
dc.subject.stwTheorieen
dc.subject.stwUSAen
dc.titleEstimating the technology of cognitive and noncognitive skill formation-
dc.typeWorking Paperen
dc.identifier.ppn632184426en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:ifs:cemmap:09/10en

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