We contribute to the long debate on whether export commodity revenues can lead to economic development by studying the consequences of the nearly six-fold increase in the global price of vanilla on vanilla farming communities in Madagascar. We find a substantial increase in the wealth and...

There is growing evidence that noncognitive skills affect economic, behavioral, and demographic outcomes in the developed world. However, little such evidence exists from developing countries. This paper estimates the joint effect of five specific personality traits and cognition on a sequence...