For more Science Videos: https://lt.org/ * The share of Chinese people with college education and the wage premium that they earn has increased dramatically since 1990. In this video, LEI LI explores the factors underlying this and argues that it can be partially attributed to the importation of machinery. * Analyzing population data from the 330 Chinese prefectures and exploring regional differences in machinery importation, Li finds that the importation of machinery is indeed a key driver in rapid human capital accumulation in China. Ongoing research will explore the policy implications of Li’s findings as well as the extent to which they apply to other developing economies. * Who is Lei Li? https://lei-li-economics.weebly.com/ 0:00 Question 1:47 Method 3:57 Findings 5:11 Relevance 5:53 Outlook
For more Science Videos: https://lt.org/ * Rather than referring to laws written and developed by the state, judges in Saudi Arabia largely rely on Islamic jurisprudence and the interpretation of sacred texts. In this video, DOMINIK KRELL explores how legal reform can occur in these circumstances.
For more Science Videos: https://lt.org/ * Different factors influence how households invest their savings. In this video, CHRISTIAN ZIMPELMANN explores the role that subjective beliefs about the stock market play in household investment decisions. * Gathering data on stock holdings in the Netherl
For more Science Videos: https://lt.org/ * Individuals and governments often do not have as much time or experience as they would like when they need to make a decision. In this video, SARAH AUSTER explores the mechanism by which such decisions are made. * Building a game theoretical model that dr
