“…It cannot be ruled out that disturbed cortisol regulation is a late appearing consequence of institutional deprivation. However, given findings by other groups who have prospectively assessed HPA axis function in institutionalized and post-institutionalized children (Koss et al, 2016;McLaughlin et al, 2015), and given our own findings of early appearing deprivationspecific problems which are highly persistent and are not eradicated by the overall very positive post-adoption experience, it is likely that HPA axis dysregulation also constitutes an early appearing and stable phenotype associated with institutional rearing. In light of the evidence of decreased cortisol activity and reactivity in adults and children with experience of early adversity (Carpenter et al, 2007;Elzinga et al, 2008;Lovallo et al, 2011;Miller et al, 2007;Power et al, 2012;Schwaiger et al, 2016), it has been proposed that sustained periods of chronic stress, such as psychosocial deprivation and neglect, are initially associated with high levels of circulating cortisol, followed by counter-regulation which eventually results in decreased HPA axis re-/ activity.…”