Climate risk is an important driver of long-term poverty dynamics, especially in rural regions. This paper builds a dynamic, multi-generation household model of consumption, accumulation, and risk management to draw out the full consequences of exposure to climate risk. The model incorporates...

Most empirical investigations of the effects of cognitive skills assume that they are produced by schooling. Drawing on longitudinal data to estimate production functions for adult verbal and nonverbal cognitive skills, we find that: (1) School attainment has a significant and substantial effect...

Migration has been demonstrated by various studies to be closely linked to improvements in individual- and household-level outcomes. Rather than examining the effects of migration, this paper explores whether an economic shock in United States negatively affected migrant households in rural...