Advancing the Power of Economic Evidence to Inform Investments in Children, Youth, and Families

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dc.contributor.authorNational Academies of Sciences, Engineering, and Medicine
dc.date.accessioned2016-04-26T17:25:10Z
dc.date.available2016-04-26T17:25:10Z
dc.date.issued2016
dc.description.abstractEconomic evidence, even of the highest quality, may not be used effectively to inform investment decisions if it is deemed irrelevant, infeasible, or difficult to interpret by its consumers. Yet, evidence is often produced without considering the end-user’s needs, values, and capacity to access and analyze the evidence—i.e., the context for evidence use. From its review of the salient research, the committee drew a set of conclusions about the utility and use of evidence to inform investments in children, youth, and families. For example, the infrastructure for developing, accessing, analyzing, and disseminating research evidence often has not been developed in public agencies and private organizations; interactive, ongoing, collaborative relationships between decision makers and researchers and trusted knowledge brokers are a promising strategy for improving the use of economic evidence; and that growing interest in performance-based financing is likely to increase the demand for economic evidence to inform decisions on investments in children, youth, and families. Moreover, whether evidence is used varies significantly according to the type of investment decision being made and the decision maker’s incentives (or lack thereof) for its use. In short, the committee determined that economic evidence has the potential to play an influential role in the decision-making process— if the concerns and interests of decision makers are considered in the development and communication of evidencen_US
dc.identifier.citationNational Academies of Sciences, Engineering, and Medicine. (2016). Advancing the Power of Economic Evidence to Inform Investments in Children, Youth, and Families. Washington, DC: The National Academies Press. doi: 10.17226/23481en_US
dc.identifier.urihttp://hdl.handle.net/11212/2770
dc.identifier.urihttp://calio.org/images/advancing-power-economic-evidence-to-inform-investments-children-youth-families.pdf
dc.language.isoen_USen_US
dc.publisherThe National Academies Pressen_US
dc.subjecteconomic evidenceen_US
dc.subjectresearchen_US
dc.subjectinvestment in youthen_US
dc.subjectstatisticsen_US
dc.titleAdvancing the Power of Economic Evidence to Inform Investments in Children, Youth, and Familiesen_US
dc.typeBooken_US

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