Sneha Elango, Jorge Luis García, James Heckman, Andrés Hojman, 12 January 2016

Adverse early childhood environments can have persistent effects. This column suggests that early childhood programmes have many beneficial effects, and their success should be evaluated on a multitude of outcomes. The returns to investing in the early lives of disadvantaged children in terms of social mobility and economic productivity are high – comparable to returns on equity investment.

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