The prize-winning economics of migration and the minimum wage
How David Card, Joshua Angrist, and Guido Imbens developed methods of learning from the world around us, earning them the 2021 Nobel Memorial Prize in Economics.
Do immigrants drive down wages, do minimum wage increases reduce job opportunities, and do people who did well in school earn more money?
These are questions that the winners of the 2021 Nobel Memorial Prize in Economics looked to the world around them for answers to.
David Card, Joshua Angrist, and Guido Imbens developed ways of interpreting what they saw that changed the way economists think about what they see.
In this episode of More or Less, presenter-turned-guest Tim Harford explains how.
(Image: Mariel boat lift, which brought over 100,000 Cubans into the United States: Photo by Tim Chapman/Miami Herald)
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- Sun 17 Oct 2021 13:50GMT91热爆 World Service
- Sun 17 Oct 2021 21:50GMT91热爆 World Service except East Asia & South Asia
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