Table 2. Correlates of cognitive ability.

	Mean annual income	Beliefs: luck/effort	Beliefs: gov efficiency	Risk aversion	Altruism
Cognitive ability	4.269***	0.294**	−0.015	0.045	0.359**
	(1.070)	(0.125)	(0.145)	(0.152)	(0.158)
Standard controls	Yes	Yes	Yes	Yes	Yes
N	266	265	262	247	262

Coefficient on cognitive ability from an OLS regression where the variable indicated in the column is the dependent variable. Significance levels: ***p<0.01, **p<0.05, *p<0.1. The regressions include standard controls. These are age, education level (dummy for primary school being highest education level), and self-reported socio-economic status during childhood (alternatives "working class", "lower middle class", "middle class", "upper middle class" and "upper class"). Robust standard errors in parentheses. All variables are defined as in table 1.