We show that psychological well-being in adulthood varies substantially with circumstance in early life.  Combining a time series of real producer prices of cocoa with a nationally representative household survey in Ghana, we find that a one standard deviation rise in the cocoa price in early...

We study the origins of adult mental health using early life income fluctuations.  Combining a time series of real producer prices of cocoa with a nationally representative household survey in Ghana, we show that a one standard deviation rise in the cocoa price in early life decreases the...

Women working full-time in the UK earn on average about 18% per hour less than men (EOC, 2005). Traditional labour economics has focussed on gender differences in human capital to explain the gender wage gap. Although differences in male and female human capital are recognized to derive from...

This paper investigates the effect of earnings and employment opportunities on pre-marital fertility. Using data from a sample of British women born in 1970, we estimate an independent competing risk harzard model of fertility and cohabitation decisions. Our results show that individual earnings...