The Economics of Scaling Early Childhood Programs: Lessons from the Chicago School

S-Tier
Journal: Journal of Political Economy
Year: 2026
Volume: 134
Issue: 1
Pages: 1 - 48

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Many ideas succeed in small trials but weaken considerably at scale. Using early childhood investment as a case study, this paper develops a dynamic microfounded human capital model stylized in the Chicago tradition. The framework features optimizing agents, complementary skill formation, and a policymaker choosing scaling strategies. The model shows that naive extrapolation from pilots systematically overestimates societal impact by overlooking voltage drops: declining benefit-cost profiles due to unrepresentative samples and contexts. Optimal scaling requires option C thinking, a mechanism-based design approach that anticipates these failures through backward induction from real-world implementation constraints. Studies in this special issue enrich the model’s insights.

Technical Details

RePEc Handle
repec:ucp:jpolec:doi:10.1086/739436
Journal Field
General
Author Count
1
Added to Database
2026-01-25