Human Capital and
Economic Opportunity
Global Working Group

The evaluation of educational programs has accelerated dramatically in the past quarter century. While such evaluations were once almost exclusively conducted in the U.S., they have broadened dramatically across many countries of the world.

Using de-identified bank account data, we show that spending drops sharply at the large and predictable decrease in income arising from the exhaustion of unemployment insurance (UI) benefits.

We construct and estimate a model of child development in which both the parents and children make investments in the child’s skill development.