We summarize the available evidence on the extent to which expenditures on early childhood education programs constitute worthy social investments in the human capital of children. We provide an overview of existing early childhood education programs, and then summarize results from a...

By collecting annual economic and demographic information from a large and representative sample of U.S. households for over a quarter century, the Panel Study of Income Dynamics has compiled a remarkably useful set of microdata. This article describes the PSID and how its unique longitudinal...

Gaining entrance to a four-year college or university, particularly a selective institution, has become increasingly competitive over the last several decades. We document this phenomenon and show how it has varied across different parts of the student ability distribution and across regions,...