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A model of intervention in childhood
Author(s)
Date Issued
2008-03-27
Date Available
2010-02-05T14:37:38Z
Abstract
This paper describes a model and resulting simulations to assess the appropriate age
structure of intervention in childhood on the theme: should we intervene early or late?
We use asset theory approaches to construct a general model of state investment
whose aim is to reduce inequality in human capital. We set out the key parameters of
such a model, clarifying the assumptions that must be made by state planners or
economists in assessing the relative value of targeted investment at different ages in
the presence of a range of elements of uncertainty. We simulate the model showing
how the age-investment schedule will vary under different assumptions. Early
investment is highly valued because of the likely decline with age in effectiveness but
the trade-offs are strongly moderated by other important assumptions around which
there is uncertainty or are choice variables of the state planner.
Type of Material
Working Paper
Publisher
University College Dublin. Geary Institute
Series
UCD Geary Institute Discussion Paper Series
WP/9/2008
Subject – LCSH
Child development--Econometric models
Early childhood education--Econometric models
Language
English
Status of Item
Not peer reviewed
This item is made available under a Creative Commons License
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