The consensus in labor economics is that rising labor-market inequality over the last 30 years is led mainly by technology (information technology, robotics, new organizational forms increasing demand for skilled/abstract labor) combined with a slower increase in the supply of skills, with trade playing a role intermediated by technology (offshoring/outsourcing) and institutional factors like union decline and the minimum wage still contested.
causalpending
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Daron AcemogluEvidence Quote
“technological developments in particular things such as information technology robotics new organizational forms that have increased the demand for more abstract skills more skilled workers”
Created: 6/16/2026, 2:36:28 PM
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