Data show that educated workers earn higher wages and experience lower unemployment rates. Some researchers believe this occurs because education improves a worker's productivity (or human capital), making them more desirable on the job market. Other researchers believe schooling improves a...

Broadly speaking, economic experiments and surveys have found trust to be much lower in Africa than in industrialized countries. We analyze new experimental and survey results from rural Cameroon, where the average level of trust appears to be much higher than is typical of Africa. A substantial...

We analyze the correlation between survey-based measures of trust and behavior in the Trust Game in two villages in Cameroon. Some participants play the Trust Game with people from their own village, and others with people from a neighboring village. The survey that the participants complete...

We extend the literature on the deep determinants of economic development by focusing on life expectancy, instead of income per capita, as an indicator of economic development, and by examining the role of informal, as well as formal, institutions. Our empirical results suggest that formal and...