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The impact of investing in children: Assessing the cross-country econometric evidence

Working papers

This paper examines the hypothesis that increases in public expenditure which translate into benefits for children have a positive impact on economic growth and a negative impact on inequality. This may be due to the avoidance of irreversible disadvantage to a person's future productivity, mitigation of the intergenerational transfer of poverty, and reduction of future costs to health, education and social welfare systems.

Edward Anderson and Sarah Hague