How does a large structural change to the labor market affect education investments made at young ages? Exploiting … 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 …

period, first the post-World War baby boom and then the substantial increase in education led to higher economic growth than … otherwise expected. As the pace of increase in education slowed and the workforce aged toward the end of the period, human …