TY - JOUR AU - Elango, Sneha AU - García, Jorge Luis AU - Heckman, James J AU - Hojman, Andrés TI - Early Childhood Education JF - National Bureau of Economic Research Working Paper Series VL - No. 21766 PY - 2015 Y2 - November 2015 DO - 10.3386/w21766 UR - http://www.nber.org/papers/w21766 L1 - http://www.nber.org/papers/w21766.pdf N1 - Author contact info: Sneha Elango Department of Economics University of Chicago 1126 E. 59th Street Chicago IL 60637 E-Mail: selango@uchicago.edu Jorge Luis García John E. Walker Department of Economics Clemson University 205 Sirrine Hall Clemson, SC 29634 US E-Mail: jlgarci@clemson.edu James J. Heckman Center for the Economics of Human Development University of Chicago 1126 East 59th Street Chicago, IL 60637 Tel: 773/702-0634 Fax: 773/702-8490 E-Mail: jjh@uchicago.edu Andrés P. Hojman Department of Economics University of Chicago 1126 E. 59th Street Chicago IL 60637 E-Mail: andreshojman@gmail.com M1 - published as Sneha Elango, Jorge Luis García, James J. Heckman, Andrés Hojman. "Early Childhood Education," in Robert A. Moffitt, editor, "Economics of Means-Tested Transfer Programs in the United States, Volume 2" University of Chicago Press (2016) M3 - presented at "Means-Tested Transfer Programs", December 5-6, 2014 AB - This paper organizes and synthesizes the literature on early childhood education and childcare. In it, we go beyond meta-analysis and reanalyze primary data sources in a common framework. We consider the evidence from means-tested demonstration programs, large-scale means-tested programs and universal programs without means testing. We discuss which programs are beneficial and whether they are cost-effective for certain populations. The evidence from high-quality demonstration programs targeted toward disadvantaged children shows beneficial effects. Returns exceed costs, even accounting for the deadweight loss of collecting taxes. When proper policy counterfactuals are constructed, Head Start has beneficial effects on disadvantaged children compared to home alternatives. Universal programs benefit disadvantaged children. ER -