Commitment devices offer an opportunity to restrict future choices. However, if severe restrictions deter participation, weaker restrictions may be a more effective means of changing behavior. We test this using a school-based commitment savings device for educational expenses in Uganda. We...

Despite the fact that the quality of education for Africans in South Africa was lower than that for whites, in 1993 the percentage wage gains associated with additional years of primary, secondary, and higher education were substantially higher for Africans than for whites. These rates increased...

Despite the lower quality of education provided Africans compared with whites in South Africa, the percentage wage gains associated with additional years of primary, secondary, and higher education are substantially larger for Africans than for whites in 1993, and they increase for both race...