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RFBerlin Annual Public Lecture with Nobel Prize Laureate David Card
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=0H4bCGlfbmI
In this lecture Migration and the Minimum Wage – Causes and Effects on the Labor Market, Nobel Prize Laureate and Professor of Economics David Card explores how immigration and minimum wage policies impact labor markets and economic decision-making. • David Card is a Professor at the University of California, Berkeley. In 2021, he was awarded the Nobel Prize in Economic Sciences for his research on utilizing natural experiments to provide empirical insights into wage determination, education, inequality, and immigration within the labor market. • Lecture Outline: • 00:11 — Welcoming Words by Prof. Dr. Daniel Klapper, Dean of the School of Business and Economics at Humboldt University of Berlin • 02:24 — Introduction by Prof. Christian Dustmann, Director of the ROCKWOOL Foundation Berlin • 08:27 — Beginning of the Lecture • 09:43 — Economics and Policy Advice • 11:32 — Evidence-Based Policy • 12:50 — About Scientific Evidence • 17:43 — Experimental Design and Randomized Controlled Trials (RCTs) • 19:04 — Star Trek Example: Why Does Random Assignment Work? • 21:38 — Social Experiments and the Polio Vaccination Trial • 27:00 — Non-Experimental Research Designs and the Counterfactual Problem • 29:50 — Difference-in-Differences Method • 31:20 — Example 1: Film Scarface, Havana, Fidel Castro, and Miami Workforce • 34:18 — Effect of the Mariel Boatlift and Synthetic Miami • 36:17 — Later Studies • 37:56 — Reputational Effect of Volkswagen Diesel Scandal • 39:43 — Example 2: New Jersey's Minimum Wage • 42:05 — Before After Effect on Workers' Wages • 44:06 — Evidence-Based Policy and Immigration • 46:36 — Compositional and Economic Questionnaire • 48:44 — Evidence-Based Policy and Minimum Wages • 49:55 — Summary • This event is the first ROCKWOOL Foundation Berlin Public Lecture, organized in collaboration with the Humboldt University of Berlin. We at RFBerlin are dedicated to fostering economic discourse and bridging the gap between academic research and practical policy-making. Public lectures like this are essential for spreading knowledge and promoting informed dialogue on pressing economic issues. • Don't forget to like, share, and subscribe to our channel to stay updated on future lectures and insights from leading economists!
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