The Decline of Routine Tasks, Education Investments, and Intergenerational Mobility
How does a large structural change to the labor market affect education investments made at young ages? Exploiting differential exposure to the national decline in routine-task intensity across local labor markets, we show that the secular decline in routine tasks causes major shifts in education investments of high school students, where they invest less in vocational-trades education and increasingly invest in college education. Our results highlight that labor demand changes impact inequality in the next generation. Low-ability and low-SES students are most responsive to task-biased demand changes and, as a result, intergenerational mobility in college education increases.
Year of publication: |
2023
|
---|---|
Authors: | Bennett, Patrick ; Liu, Kai ; Salvanes, Kjell G. |
Publisher: |
Munich : Center for Economic Studies and ifo Institute (CESifo) |
Saved in:
freely available
Series: | CESifo Working Paper ; 10333 |
---|---|
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | 1841121894 [GVK] hdl:10419/271977 [Handle] RePec:ces:ceswps:_10333 [RePEc] |
Source: |
Persistent link: https://www.econbiz.de/10014290243
Saved in favorites
Similar items by person
-
The decline of routine tasks, education investments, and intergenerational mobility
Bennett, Patrick, (2023)
-
The decline of routine tasks, education investments, and intergenerational mobility
Bennett, Patrick, (2023)
-
The decline of routine tasks, education investments, and intergenerational mobility
Bennett, Patrick, (2023)
- More ...