In this paper, we go beyond traditional measures of cognitive abilities (IQ) in explaining labor market and social outcomes in developing countries. We exploit a rich dataset from Ghana that provides information on demographics, labor market outcomes, and a direct measure of cognitive ability...

The effect of early exposure to malnutrition on the next generation’s cognitive abilities has rarely been studied in human beings in large part due to lack of data. A natural experiment, the Great Chinese Famine, and a novel dataset are employed to study this effect. The paper finds that the...

A recent literature has documented large real effects of trade policy uncertainty (TPU) on trade, employment, and investment, but there is little evidence that investors are compensated for bearing such risk. To quantify the risk premium associated with TPU, we exploit quasi-experimental...