Investing in our young people

Investing in our young people

by Flavio Cunha

Book 16201 of NBER working paper series -- working paper

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"This paper reviews the recent literature on the production of skills of young persons. The literature features the multiplicity of skills that explain success in a variety of life outcomes. Noncognitive skills play a fundamental role in successful lives. The dynamics of skill formation reveal the interplay of cognitive and noncognitive skills, and the presence of critical and sensitive periods in the life-cycle. We discuss the optimal timing of investment over the life-cycle"--National Bureau of Economic Research web site.

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