In the state of Mexico, the more education a person has, the less likely they are to use cash to pay for Uber rides. Those with an average of six years of schooling pay about 65% of their Uber rides with cash, while those with an average of fourteen years of schooling pay about 20% of their Uber rides with cash.
Uber Mexico: More Education = Less Cash Usage
Research Brief • Feb 3, 2020
A Global View of Creative Destruction
In their new paper, “A Global View of Creative Destruction,” UChicago professor Chang-Tai Hsieh, Stanford...
Topics: Industrial Organization, Technology & Innovation
Research Brief • Dec 16, 2019
In the early days of Microsoft, Bill Gates and Paul Allen did not need investors’...
Topics: Employment & Wages, Industrial Organization, Technology & Innovation