decline in routine tasks causes major shifts in education investments of high school students, where they invest less in … inequality in the next generation. Low-ability and low-SES students are most responsive to task-biased demand changes and, as a …

household characteristics (especially household income). The "true" intergenerational correlation between schooling attainments … and parents' education (after conditioning on observed and unobserved ability) is found to be quite low. Finally, our …