Professor Heckman's detailed whitepaper on the Heckman Equation and the research and findings behind it. This groundbreaking work provides an economist's view of the value of human capital development. Use it to get the most thorough briefing on Professor Heckman's work.
Please note that the ROI estimate of the Perry Preschool Program outlined in this paper has been revised. For an updated figure, please see The Rate of Return to the HighScope Perry Preschool Program, published in 2010.