Race between Education and Technology [PDF]By Phillip Brown , Ewart Keep. Experts differ widely in their predictions about how technological innovation will change the labor market, but they all see a need for changes in education. Technological innovation is changing the nature of many jobs and the qualifications employers seek in their workers, convincing more young people to pursue a college education and other postsecondary credentials—at least according to the conventional wisdom among public policy experts. This view of skill-biased technological change has been described as a race between education and technology. The Harvard economists Claudia Goldin and Lawrence Katz explain rising income inequality in the United States as a result of the education system failing to keep pace with technological innovation and the rising demand for higher-level skills. This analysis resonates well with the idea of a burgeoning knowledge economy and has helped fuel the global expansion of higher education.
The Race Between Education and Technology: Lawrence Katz
The evolution of the wage structure reflects a race between the growth in the demand for skills driven by technological advances and the growth in the supply of skills driven by demographic change, educational investment choices, and immigration. The increase in inequality was more all-encompassing than a widening between different education levels or occupational groups.
The Race between Education and Technology
Looking for a The Race between Education and Technology book? It looks like this book is on our website emmabowey. Invest in education, get higher levels of technology and productivity, and attain a rapid rate of economic growth and a higher standard of. This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century.
The Race between Education and Technology The Race between Education and Technology claudia goldin lawrence f. katz.
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