This policy paper estimates the short-run economic effects of the Great Start Readiness Program (GSRP), Michigan's state-funded preschool program for 4-year-olds. The paper considers 15year effects on state residents' per capita incomes due to impacts on employment rates and real wages, as well as cost-savings from free preschool and fiscal…

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…

The momentum behind high-quality, voluntary pre-kindergarten is growing dramatically across the country--in families, in communities, and in the halls of academia and government. Thanks to this strong wave of support, state spending on pre-k increased from $2.4 billion to $4.2 billion nationwide between 2002 and 2007. This investment is built upon…