Extending the Race between Education and Technology
Name
pandp.20201061.pdf
Description
Published version
Size
519.14 KB
Format
Adobe PDF
Checksum (MD5)
5750e8e008128e4eaabaad6529acb7fc
Author(s)
Autor, David H
Date Issued
May 2020
Journal
American Economic Association Papers and Proceedings
Publisher
American Economic Association
Citation
Autor, David et al. “Extending the Race between Education and Technology.” American Economic Association Papers and Proceedings, 110 (May 2020): 347-351 © 2020 The Author(s)
Version
Final published version
Abstract
The race between education and technology provides a canonical framework that does a remarkable job of explaining US wage structure changes across the twentieth century. The framework involves secular increases in the demand for more-educated workers from skill-biased technological change, combined with variations in the supply of skills from changes in educational access. We expand the analysis backward and forward. The framework helps explain rising skill differentials in the nineteenth and twenty-first centuries but needs to be augmented to illuminate the recent convexification of education returns and implied slowdown in the growth of the relative demand for college workers.
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.
Persistent DSpace Link
DOI of Published Version
https://doi.org/10.1257/PANDP.20201061
