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Jan 12, 2022

Mark Bils of the University of Rochester and Niklas Engbom of New York University discuss their research on how easily labor is substituted or shifted between jobs and its implications for policies to bolster human capital. Bils and Engbom presented their most recent work at the Richmond Fed's CORE Week in December 2021.

Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/speaking_20220112_bils_engbom