Early Childhood Development

The Minneapolis Fed started a focus on early childhood development, or ECD, in 2003 with the essay “Early Childhood Development: Economic Development with a High Public Return,” by then-Director of Research Art Rolnick and Economist Rob Grunewald. The piece launched a conversation among researchers, policymakers, and educators about the importance of investing in high-quality ECD programs. Staff from the Minneapolis Fed and other offices in the Federal Reserve System contribute to this ongoing exchange through writings, speaking engagements, convenings, and partnership efforts.


Exploring innovation in early childhood development

Rob Grunewald and Ben Horowitz | May 21, 2019

This bundle of articles covers research findings that highlight the importance of investing early to ensure kids receive high-quality care and education

Changing up the child care block grant to meet market challenges

Rob Grunewald and Ben Horowitz | January 8, 2019

Early Childhood Investments: Paving the Way for the Future Workforce

Rob Grunewald | November 9, 2018

A chapter from the Federal Reserve System book Investing in America’s Workforce: Improving Outcomes for Workers and Employers

Early childhood development: An economic imperative for Montana

Rob Grunewald and Deborah Neuman | September 25, 2018


View articles, reports, blog posts, and other Fed writings on ECD

Speeches and Presentations

Read ECD-related remarks from Fed speakers


Explore highlights from our major ECD events