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Early Childhood Development

Since 2003, the Minneapolis Fed has been a national leader in research and analysis of the return on investment in early childhood education, while also driving innovative public policy and funding.
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children playing

The essay “Early Childhood Development: Economic Development with a High Public Return” by then director of Research Art Rolnick and economist Rob Grunewald launched a conversation among researchers, policymakers, and educators about the importance of investing in high-quality early childhood education. Today, Minneapolis Fed staff and experts across the Federal Reserve System contribute, via research, speeches, and community partnerships, to this ongoing conversation about one of the more pressing educational, social, and workforce issues facing the nation’s economy.

The importance of early childhood development
Former Minneapolis Fed economist Rob Grunewald summarizes the economic value of public investment in children and families.
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