Colloquium | March 13 | 12:40-2 p.m. | 104 Genetics & Plant Biology Building
Richard Cookson, PhD, Professor, University of York
We develop a novel general population microsimulation model of the causal pathways linking early life circumstances and skills formation to diverse later life outcomes, based on quasi-experimental evidence and recent longitudinal UK survey data (Millennium Cohort Study 2000-14, Understanding Society 2011 and 2016). We illustrate how it can evaluate the long-run costs, benefits and inequality impacts of preschool investments using the example of a training program ("Incredible Years") for parents of children aged 5-6 showing antisocial behavior. As well as assessing public return on investment, our model calculates good life years gained and impacts on inequality in lifetime consumption, health and wellbeing by social position at birth based on parental income, wealth, education and mental health.