While Randomized Controlled Trials and lab-in-the-field experiments have become more common in development economics in recent years, the rigor and control of laboratory-based experiments has so far been difficult to access in developing countries. Here we describe the use of various cognitive...

Does poverty lead to stress? Despite several studies showing correlations between socioeconomic status and levels of the stress hormone cortisol, it remains unknown whether this relationship is causal. We used random weather shocks in Kenya to address this question. Our identification strategy...