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Returns To Schooling: A Quantile Regression, Arman Oganisian
Returns To Schooling: A Quantile Regression, Arman Oganisian
Annual Celebration of Student Scholarship and Creativity
This paper contributes to the large body of economic literature that attempts to estimate the returns to schooling. It uses quantile regression to estimate the effect of an additional year of education on monthly wage for earners in different quantiles. Using data from the young men’s cohort of the National Longitudinal Survey, the paper attempts to control for ability, family background, geography, and race, and finds that the returns to schooling is approximately 3.49% for men. Furthermore, the paper finds that while the effect of education on earnings is not significantly different from quantile to quantile, the significance of education …
Diffusion Of Mobile Payment Systems Among Microentrepreneurs In Kenya And Tanzania, Dionne Nickerson
Diffusion Of Mobile Payment Systems Among Microentrepreneurs In Kenya And Tanzania, Dionne Nickerson
Annual Celebration of Student Scholarship and Creativity
The rapid rise of Kenya's mobile payment system, M-PESA , has grasped the attention of policy makers and private enterprise alike. In just six years M-PESA has transformed how money flows throughout Kenya, and similar systems are gaining traction elsewhere in Africa. This project examines the impact of mobile payment system adoption on the economic advancement of Kenyan and Tanzanian microentrepreneurs. This work will further the understanding of mobile payment systems’ contribution to the economic growth of microenterprises, which may have implications for poverty reduction in these two nations.