Caroline Krafft was 2011 co-recipient of the Lloyd B. Short Award for the Best Master's Paper, for her professional paper "Is Early Childhood Care and Education a Good Investment for Egypt? Estimates of Educational Impacts, Costs and Benefits."
In nominating Caroline, Professor Judy Temple wrote, "Caroline's work provides evidence of early childhood education benefits that are significantly greater than its costs and will be of great interest to policymakers in Egypt and across the Middle East. The quality of the research is quite high and compares favorably to work done in the Department of Applied Economics by our best Ph.D. students."
This project was also nominated for the Freeman-Stassen Internationalism Award by Professor Ragui Assaad, who wrote about this project: "This professional paper is probably the best student paper I have supervised in over 20 years of teaching at Humphrey. The quality and originality of the research puts it on par with Ph.D. level work and should be easily publishable in peer-reviewed journals."
Remarks by Acting Dean Greg Lindsey in presenting this award at the 2011 Humphrey Commencement in May:
"The first paper award today is the Lloyd B. Short Award for the Best Master's Paper. The award is given to one individual paper and one group paper based on the importance of the issue addressed, the quality of the analysis, and the superiority of the writing.
This year, members of the Humphrey faculty nominated six individual papers and 10 capstone reports for the Short Award. I have reviewed these papers, and I personally can attest to their high quality. Our students have used their intellects, curiosity, and passion to explore a diverse range of public affairs problems, from the design of neighborhoods around light rail stations to the development of measurement tools so that nongovernmental organizations in developing counties can evaluate the outcomes of their programs. Our students have used advanced statistical tools to measure racial disparities in foreclosure rates in the Twin Cities and to determine the factors that influence whether girls in Tanzania are enrolled in school. They have provided recommendations to a coalition of 12 county governments on strategies for redesign of the delivery of vital human services. In Short--excuse the pun--they are doing work that would make Lloyd Short, the founder of the first public administration center at the University of Minnesota, very, very proud."