Stop!

“Most of the family income gap in enrollment is due to long-term factors that produce abilities needed to benefit from participating in college”(Heckman p. 97)  We shall continue the discussion of Professor Carneiro’s and Heckman’s essay, “Human Capital Policy” and its recommendations for human capital policies. This section is primarily devoted to citing empirical evidence…

“K-12 education is currently a $350 billion per year industry, yet investment decisions hinge on interpretation of evidence developed through programs implemented fifteen to thirty year ago” (Hanushek p.268) This constitutes the last entry on Human Capital Policy. Here, I summarize comments and suggestions given by economic peers to append the analysis performed by Professors…

“The lack of interest…in training disadvantaged workers indicates the difficulty of the task…”(Heckman p.183) This entry covers the last part of policy interventions that Professors Carneiro and Heckman discuss in their paper,  “Human Capital Policy” for the “Inequality in America” debate. Carneiro and Heckman suggest that private training works and has high returns but their…

 “The entire literature on successful early interventions… [indicates] that the social skills and motivation of the child are more easily alternated than his or her IQ.”(Heckman p. 171) In the preceding entry, Heckman and Carneiro made it evident in their “Human Capital Policy” essay that interventions aimed at improving academic output and closing scholastic inequities…

In this entry, I will recapitulate part of Heckman and Carneiro’s “Analysis of Specific Policies” section from their “Human Capital Policy” essay. In particular, I will address labor force improvement through improved pre-college schooling. The general consensus is that the return to schooling is over 10%, making it worthwhile to examine the means by which…

Top