14.771 Development Economics (Fall 2021, MIT OCW). Instructors: Prof. Esther Duflo and Prof. Benjamin Olken. This course is aimed at Ph.D. students in economics. It provides a rigorous introduction to core microeconomic issues in economic development, focusing on both key theoretical contributions and empirical applications to understand both why some countries are poor and on how markets function differently in poor economies. Topics include human capital (education and health); labor markets; credit markets; land markets; firms; and the role of the public sector.
(from ocw.mit.edu)
Lecture 08 - Private and Social Returns to Education
Instructor: Prof. Esther Duflo. Covers empirical evidence on the returns to education. Large focus on methodological challenges of measuring the private and socials returns. Discusses the use of randomization as an instrument and the LATE Theorem.