Using government funds to guarantee preschool education for four-year olds would yield a much lower social return than the ones achieved by the most highly touted targeted preschool initiatives.
Responses
Responses weighted by each expert's confidence
Participant | University | Vote | Confidence | Bio/Vote History |
---|---|---|---|---|
Daron Acemoglu |
MIT | Bio/Vote History | ||
|
||||
Alberto Alesina |
Harvard | Did Not Answer | Bio/Vote History | |
|
||||
Joseph Altonji |
Yale | Bio/Vote History | ||
More public investment in pre-school educated is warranted, but good targetted programs cost less and crowd out less parental invest.
|
||||
Alan Auerbach |
Berkeley | Bio/Vote History | ||
|
||||
David Autor |
MIT | Bio/Vote History | ||
Contemporary research has not reproduced the miracles seen in Perry, Abecedarian and Early Learning.
|
||||
Katherine Baicker |
University of Chicago | Bio/Vote History | ||
|
||||
Marianne Bertrand |
Chicago | Bio/Vote History | ||
|
||||
Raj Chetty |
Harvard | Bio/Vote History | ||
|
||||
Judith Chevalier |
Yale | Bio/Vote History | ||
|
||||
Janet Currie |
Princeton | Bio/Vote History | ||
Returns are highest for quality programs for disadvantaged children, many of whom are already being served through Head Start & state progs.
|
||||
David Cutler |
Harvard | Bio/Vote History | ||
I suspect this is true, but one shouldn't overstate selection relative to learning about how to do it better over time.
|
||||
Angus Deaton |
Princeton | Bio/Vote History | ||
|
||||
Darrell Duffie |
Stanford | Bio/Vote History | ||
|
||||
Aaron Edlin |
Berkeley | Bio/Vote History | ||
The most highly touted have higher returns than average. That does not mean that universal per school is a bad idea.
|
||||
Barry Eichengreen |
Berkeley | Bio/Vote History | ||
|
||||
Ray Fair |
Yale | Bio/Vote History | ||
|
||||
Pinelopi Goldberg |
Yale | Bio/Vote History | ||
The evidence on preschool initiatives has been very mixed.
|
||||
Claudia Goldin |
Harvard | Bio/Vote History | ||
Of course the average is lower than the max. But that does not mean the nation should not go that route.
|
||||
Austan Goolsbee |
Chicago | Bio/Vote History | ||
|
||||
Michael Greenstone |
University of Chicago | Did Not Answer | Bio/Vote History | |
|
||||
Robert Hall |
Stanford | Bio/Vote History | ||
If we used the gov funds to propagate the most highly touted programs, wouldn't we get a good result? But I don't have any expertise here.
|
||||
Bengt Holmström |
MIT | Bio/Vote History | ||
The Nordic experience speaks strongly against this view.
|
||||
Caroline Hoxby |
Stanford | Bio/Vote History | ||
Bad Q!. Univ preK is wasteful b/c much is pure transfer to upper-inc families. However social returns to highly touted prgms very uncertain!
|
||||
Kenneth Judd |
Stanford | Bio/Vote History | ||
Question is fuzzy. Also, the real question is whether the social return is high enough to justify the costs.
|
||||
Anil Kashyap |
Chicago Booth | Bio/Vote History | ||
Too far from my expertise to say.
|
||||
Pete Klenow |
Stanford | Bio/Vote History | ||
Jonathan Levin |
Stanford | Bio/Vote History | ||
Question is a bit confusing. Presumably lower than very high-end estimates of Perry program, but I'd have wide confidence interval.
-see background information here |
||||
Eric Maskin |
Harvard | Bio/Vote History | ||
|
||||
William Nordhaus |
Yale | Bio/Vote History | ||
|
||||
Maurice Obstfeld |
Berkeley | Bio/Vote History | ||
|
||||
Emmanuel Saez |
Berkeley | Bio/Vote History | ||
|
||||
José Scheinkman |
Columbia University | Bio/Vote History | ||
|
||||
Richard Schmalensee |
MIT | Bio/Vote History | ||
|
||||
Hyun Song Shin |
Princeton | Did Not Answer | Bio/Vote History | |
|
||||
Nancy Stokey |
University of Chicago | Bio/Vote History | ||
Recent reserach suggests that the large gains from expanding preschool will come if funds are targeted toward disadvantaged families.
-see background information here |
||||
Richard Thaler |
Chicago Booth | Bio/Vote History | ||
If the question is whether the average is less than the max, then not interesting. And no idea how to interpret "much". Right Q: is NPV>0
|
||||
Christopher Udry |
Northwestern | Bio/Vote History | ||
There is solid evidence that good preschool education has a high return. Implementation is a challenge but ingredients for success are known
-see background information here |
||||
Luigi Zingales |
Chicago Booth | Bio/Vote History | ||
|