Sex workers receive a price premium for unprotected sex. Research has inferred that the source of this premium is a compensating differential for STI risk. I introduce a compensating differential for pregnancy risk as a novel source through a simple model that incorporates both STI risk and...

Staff from the Twaweza initiative and SNV travelled to rural communities in northern Tanzania in order to understand what development means on the ground and how people make change happen. Rakesh Rajani describes their experience and how it challenges normative conceptions about development and...

M-Pesa is a mobile phone based money transfer system in Kenya which grew at a blistering pace following its inception in 2007. We examine how M-Pesa is used as well as its economic impacts. Analyzing data from two waves of individual data on financial access in Kenya, we find that increased use...

We study the mobile phone-based money transfer system in Kenya. Based on aggregate data, we estimate that the velocity with which units of e-money are transferred among users is approximately four times per month, and that the average number of transfers undergone by a unit of e-money between...

Youth account for approximately 60 percent of the unemployed population in Sub-Saharan Africa. Seventy two percent of adolescents in the region live below the $2/day poverty line. Vocational education has been identified as a promising avenue for young adults to acquire and develop marketable...