Schooling is typically found to be highly correlated with individual earnings in African countries.  However, African firm or sector level studies have failed to identify a similarly strong effect for average worker schooling levels on productivity.  This has been interpreted as evidence that...

Many recent descriptive studies find convex schooling-earnings profiles in developing countries.  In these countries forward-looking students should attach option values to completing lower levels of schooling.  Another option value may arise due to the uncertain economic environment in which...

Job creation is a central part of the policy of almost all African countries.  The problems are particularly acute in Nigeria where over the period of the early 2000s there was a substantial decline in the number of private wage jobs.  While policy discussion focuses on the extent of...

The cocoa sector in Ghana is one of few examples of an export commodity sector in an African country that has withstood the pressure to fully liberalize. Despite substantial government control over internal and external marketing via the Ghana Cocoa Board (COCOBOD), the current institutional...