Tasks, Automation, and the Rise in US Wage Inequality

We document that between 50% and 70% of changes in the US wage structure over the last four decades are accounted for by the relative wage declines of worker groups specialized in routine tasks in industries experiencing rapid automation. We develop a conceptual framework where tasks across a number of industries are allocated to different types of labor and capital.
Read more: https://www.nber.org/papers/w28920?source=Snapzu