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ERIC Number: EJ1454810
Record Type: Journal
Publication Date: 2025-Feb
Pages: 54
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0193-841X
EISSN: EISSN-1552-3926
Estimating a Theoretically Consistent Human Capital Production Function with an Application to Head Start
Luis Faundez; Robert Kaestner
Evaluation Review, v49 n1 p61-114 2025
This article describes a conceptual and empirical approach for estimating a human capital production function of child development that incorporates mother- or child-fixed effects. The use of mother- or child-fixed effects is common in this applied economics literature, but its application is often inconsistent with human capital theory. We outline the problem and demonstrate its empirical importance with an analysis of the effect of Head Start and preschool on child and adult outcomes. The empirical specification we develop has broad implications for a variety of applied microeconomic analyses beyond our specific application. Results of our analysis indicate that attending Head Start or preschool had no economically or statistically significant effect on child or adult outcomes.
SAGE Publications. 2455 Teller Road, Thousand Oaks, CA 91320. Tel: 800-818-7243; Tel: 805-499-9774; Fax: 800-583-2665; e-mail: journals@sagepub.com; Web site: https://bibliotheek.ehb.be:2993
Publication Type: Journal Articles; Reports - Research
Education Level: Early Childhood Education; Preschool Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Laws, Policies, & Programs: Head Start
Grant or Contract Numbers: N/A