{"id":5093,"date":"2021-07-21T21:30:34","date_gmt":"2021-07-21T21:30:34","guid":{"rendered":"https:\/\/cehd.uchicago.edu\/?p=5093"},"modified":"2021-07-21T21:31:45","modified_gmt":"2021-07-21T21:31:45","slug":"marketplace-cites-research-on-intergenerational-cost-benefit-analysis-of-early-childhood-education","status":"publish","type":"post","link":"https:\/\/cehd.uchicago.edu\/?p=5093","title":{"rendered":"Marketplace cites research on intergenerational cost-benefit analysis of early childhood education"},"content":{"rendered":"<p>Highlighting recent research on the long-lasting benefits of the Perry Preschool Project, an American Public Radio Marketplace story made the case Investing in early childhood education is an effective way to create a more equitable society. The story cited <a href=\"https:\/\/cehd.uchicago.edu\/?page_id=276#dynasticbenefits\">research from Jorge Luis Garc\u00eda, Frederik H. Bennhoff, Duncan Ermini Leaf, and James Heckman<\/a> that used real life-cycle data on program participants, their siblings, and their children to produce more accurate estimates of the return on investment of such programs.<!--more--><\/p>\n<p>&#8220;If you take the intergenerational and intragenerational effects into account, they conservatively estimate [that] the program generates $9 of benefits for every $1 that\u2019s invested in it,\u201d said Marketplace senior economics contributor Chris Farrell. \u201cthe message from real world experience and research is plain: If you want to build a more equitable society, then investing more, a lot more, into early childhood education targeted at vulnerable lower-income children is the way to go.&#8221;<\/p>\n<p><a href=\"https:\/\/www.marketplace.org\/2021\/07\/15\/study-underlines-the-economic-importance-of-early-childhood-education\/\">Read or listen to Marketplace story.<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Highlighting recent research on the long-lasting benefits of the Perry Preschool Project, an American Public Radio Marketplace story made the case Investing in early childhood education is an effective way to create a more equitable society. The story cited research from Jorge Luis Garc\u00eda, Frederik H. Bennhoff, Duncan Ermini Leaf, and James Heckman that used real life-cycle data on program participants, their siblings, and their children to produce more accurate estimates of the return on investment of such programs.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5093","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Marketplace cites research on intergenerational cost-benefit analysis of early childhood education - Center for the Economics of Human Development<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cehd.uchicago.edu\/?p=5093\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marketplace cites research on intergenerational cost-benefit analysis of early childhood education - Center for the Economics of Human Development\" \/>\n<meta property=\"og:description\" content=\"Highlighting recent research on the long-lasting benefits of the Perry Preschool Project, an American Public Radio Marketplace story made the case Investing in early childhood education is an effective way to create a more equitable society. The story cited research from Jorge Luis Garc\u00eda, Frederik H. 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