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Newsletter
Early childhood education
Which public investment offers greater returns?a subsidy for a sports stadium or early childhood education? It might surprise some, but the answer is an investment in early childhood education. A research study from the Federal Reserve found a 16 percent return on such an investment, with 80 percent of the return going to the general public. The October 2009 Newsletter explains the lifelong benefits of early childhood education.
Journal Article
Key Ways to Grow Early Childhood Education Offerings in St. Louis
Discover the impact of the early childhood education system in St. Louis and methods of potential growth.
Speech
Educational attainment and economic outcomes
Remarks by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, at the Boston Children's Museum's Early Childhood Summit 2013: Innovation and Opportunity, Federal Reserve Bank of Boston, Boston, Massachusetts, April 5, 2013.
Journal Article
COVID-19’s Ongoing Effects on Early Childhood Education in St. Louis
What are the longstanding implications of the pandemic’s impact on the child care ecosystem in St. Louis?
Journal Article
Babies, brains, and abilities : How early investments in education shape life outcomes
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2011/q4/feature4_weblinks.cfm
Discussion Paper
Early Childhood Education and the Economy
A child's first few years provide a strong foundation for future development. Early childhood education programs can increase future labor force productivity, decrease societal costs, and ultimately lead to a stronger economy.
Speech
Early childhood education, economic development, and the business community
Remarks at the University of Miami, Coral Gables, Fla., October 22, 2009
Journal Article
Shared services: strengthening early care and education
Early learning lasts a lifetime. We now have a strong body of evidence that learning is especially significant in the first five years of life and affects brain architecture for years to come.1 That?s why high-quality early care and education (ECE) is vital for children?s academic and social success.2 And given that more than 60 percent of U.S. mothers of children younger than 5 years old are working and that 73 percent of those children are regularly in child care, making sure that ECE is a healthy, sustainable industry delivering high-quality services is critical for the nation.
Working Paper
When should children start school?
Kindergarten-entrance-age effects are difficult to identify due to the nonrandom allocation of entrance-age and simultaneous relative-age effects. This paper presents evidence that instrumental variable frameworks do not identify age effects for the youngest children of a cohort using the results of statistical tests for essential heterogeneity in initial enrollment decisions. Restricting attention to the oldest children in a cohort yields a sample with quasirandom variation in entrance and relative ages. This variation is used to identify the parameters of education production functions in ...
Journal Article
An early childhood investment with a high public return