Technological Change and Labor Markets: Productivity, Job Polarization, and Inequality

In developed countries like the United States, Germany, and the UK, it has been observed that workers who perform non-routine activities, either cognitive or manual, have benefited in terms of employment and income, while those performing routinary tasks have seen their job prospects and wages decline. This has led to not only a polarization of the labor markets but also a decrease in certain measures of inequality. This phenomenon has been attributed to task-based technological change (TBT...