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.


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