Becker Friedman Institute Working Papers Series

Sharing research in progress—and refining it through rigorous discussion and debate—is a hallmark of scholarship at the University of Chicago.

The Becker Friedman Institute (BFI) Working Paper series disseminates current research in economics from the Chicago Economics community to encourage comments and discussion. We welcome submissions from University of Chicago tenured and tenure-track faculty and post-doctoral students in all areas of economic research. BFI-affiliated fellows may also contribute to the series. Papers are posted as part of our series on the Social Sciences Research Network (SSRN), on IDEAS/RePEc, and here on this site.

Working paper briefs and highlights can be found here.

Title Authors Published
Incarceration, Recidivism, and Employment Manudeep Bhuller, Gordon B. Dahl, Katrine V. Løken, Magne Mogstad February 2019
Inference under Covariate-Adaptive Randomization with Multiple Treatments Federico A. Bugni, Ivan A Canay, Azeem Shaikh February 2019
Punish One, Teach A Hundred: The Sobering Effect of Punishment on the Unpunished Francesco D’Acunto, Michael Weber, Jin Xie February 2019
Nonparametric Inference on State Dependence in Unemployment Alexander Torgovitsky February 2019
Spatial Linkages, Global Shocks, and Local Labor Markets: Theory and Evidence Rodrigo Adão, Costas Arkolakis, Federico Esposito February 2019
Capitalists in the Twenty-first Century Matthew Smith, Danny Yagan, Owen M. Zidar, Eric Zwick January 2019
Optimal Currency Areas with Labor Market Frictions Rohan Kekre January 2019
Low Interest Rates, Market Power, and Productivity Growth Ernest Liu, Atif Mian, Amir Sufi January 2019
IQ, Expectations, and Choice Francesco D’Acunto, Daniel Hoang, Maritta Paloviita, and Michael Weber January 2019
Human Frictions in the Transmission of Economic Policy Francesco D’Acunto, Daniel Hoang, Maritta Paloviita, and Michael Weber January 2019
Heterogeneous Households under Uncertainty Pietro Veronesi January 2019
Dynamism Diminished: The Role of Housing Markets and Credit Conditions Steven J. Davis, John Haltiwanger January 2019
The Aggregate Implications of Regional Business Cycles Martin Beraja, Erik Hurst, Juan Ospina January 2019
Monetary Policy Communications and their Effects on Household Inflation Expectations Olivier Coibion, Yuriy Gorodnichenko, Michael Weber January 2019
Twisted Probabilities, Uncertainty, and Prices Lars Peter Hansen, Bálint Szőke, Lloyd S. Han, Thomas J. Sargent January 2019
The Dozen Things Experimental Economists Should Do (More Of) Eszter Czibor, David Jimenez-Gomez, John A. List January 2019
Spatial Correlation, Trade, and Inequality: Evidence from the Global Climate Jonathan I. Dingel, Kyle C. Meng, Solomon M. Hsiang December 2018
The Rise of the Dollar and Fall of the Euro as International Currencies Matteo Maggiori, Brent Neiman, and Jesse Schreger December 2018
The Benchmark Inclusion Subsidy Anil K. Kashyap, Natalia Kovrijnykh, Jian Li, Anna Pavlova December 2018
Pledgeability and Asset Prices: Evidence from the Chinese Corporate Bond Markets Hui Chen, Zhuo Chen, Zhiguo He, Jinyu Liu, Rengming Xie December 2018