ERIC Number: ED510964
Record Type: Non-Journal
Publication Date: 2010-Jul
Abstractor: As Provided
Reference Count: 0
Investing in Our Young People. NBER Working Paper No. 16201
Cunha, Flavio; Heckman, James J.
National Bureau of Economic Research
This paper reviews the recent literature on the production of skills of young persons. The literature features the multiplicity of skills that explain success in a variety of life outcomes. Noncognitive skills play a fundamental role in successful lives. The dynamics of skill formation reveal the interplay of cognitive and noncognitive skills, and the presence of critical and sensitive periods in the life-cycle. We discuss the optimal timing of investment over the life-cycle.
Descriptors: Literature Reviews, Skill Development, Cognitive Ability, Cognitive Development, Cognitive Processes, Success, Individual Development, Investment, Expenditure per Student, Student Costs
National Bureau of Economic Research. 1050 Massachusetts Avenue, Cambridge, MA 02138-5398. Tel: 617-588-0343; Web site: http://www.nber.org
Publication Type: Information Analyses; Reports - Evaluative
Education Level: Elementary Secondary Education; Higher Education
Authoring Institution: National Bureau of Economic Research