Title: Investing in our young people
Description: "This paper reviews the recent literature on the production of skills of young persons.  The literature features the multiplicity of skills that explain success in a variety of life outcomes.  Noncognitive skills play a fundamental role in successful lives.  The dynamics of skill formation reveal the interplay of cognitive and noncognitive skills, and the presence of critical and sensitive periods in the life-cycle.  We discuss the optimal timing of investment over the life-cycle"--National Bureau of Economic Research web site.