The Becker Friedman Institute for Economics (BFI) serves as a hub for cutting-edge analysis and research across the entire University of Chicago economics community, uniting researchers from the Booth School of Business, the Kenneth C. Griffin Department of Economics, the...
Inspired by our namesakes, Nobel Laureates Gary Becker and Milton Friedman, who believed that economics research could help improve the world, BFI works with the Chicago Economics community to turn its evidence-based research into real-world impact.
The Predoctoral Research in Economics Program (PREP) is intended to serve as a bridge between college and graduate school for students interested in empirical economics. The program offers unique research and professional training opportunities at the University of Chicago.
Expanding Discovery in Economics+ (EDE+) brings together a diverse group of early undergraduate students to hone their research abilities and technical skills.
Leonardo Bursztyn, Matthew Gentzkow, Rafael Jiménez-Durán, Aaron Leonard, Filip Milojević, and Christopher Roth
Market definition is essential for antitrust analysis, but challenging in settings with network effects, where substitution patterns depend on changes in network size. To address this challenge, we conduct an incentivized experiment to measure substitution patterns for TikTok, a popular...
Veronica Guerrieri, Guido Lorenzoni, and Iván Werning
Individual central banks respond to global supply shocks that transmit inflationary pressures—such as oil prices, shipping costs, and bottlenecks in global supply chains—taking these conditions as given. However, their combined global response deter-mines global demand and, thus, the resulting global...
Wages vary substantially between and within cities. While wages are on average higher in larger cities, the real earnings of low-wage workers are lower. Using French matched employer-employee data, I document two novel facts that highlight the role of employers...
Captivating and informative videos on the latest insights and trends as well as the tested stock of knowledge in economics from leaders in academia, policy, business, and the media.
The latest economic commentary from UChicago's leading scholars, fellows, and special guests. Featuring Research Briefs, Interactive Charts, Videos, Podcasts, and more.
Recent Medicaid expansions increased enrollment by 12 percentage points and reduced mortality by 2.5% among low-income adults, saving roughly 27,400 lives for only $5.4 million and $179,000 per life and life-year saved, respectively.
Regions and ethnic groups in Africa with a higher historical prevalence of traditional female political leadership tend to have a higher proportion of elected female representatives in today’s political institutions. Institutional, rather than economic, factors significantly shape the traditional political...
Personalizing policies can substantially improve program performance; in a case involving exercise incentives for individuals with lifestyle-related health conditions, such policies increased the treatment effect of incentives by 80% without increasing program costs.
How is AI impacting the economy today? What might this mean for tomorrow? This episode brings you inside a discussion hosted at BFI in April. Moderated by Caroline Grossman, Executive Director of the Rustandy Center for Social Sector Innovation, the...
Market definition is essential for antitrust analysis, but challenging in settings with network effects, where substitution patterns depend on changes in network size. To address this challenge, we conduct an incentivized experiment to measure substitution patterns for TikTok, a popular...
Individual central banks respond to global supply shocks that transmit inflationary pressures—such as oil prices, shipping costs, and bottlenecks in global supply chains—taking these conditions as given. However, their combined global response deter-mines global demand and, thus, the resulting global...
Wages vary substantially between and within cities. While wages are on average higher in larger cities, the real earnings of low-wage workers are lower. Using French matched employer-employee data, I document two novel facts that highlight the role of employers...
The Becker Friedman Institute for Economics (BFI) serves as a hub for cutting-edge analysis and research across the entire University of Chicago economics community, uniting researchers from the Booth School of Business, the Kenneth C. Griffin Department of Economics, the...
Inspired by our namesakes, Nobel Laureates Gary Becker and Milton Friedman, who believed that economics research could help improve the world, BFI works with the Chicago Economics community to turn its evidence-based research into real-world impact.
The Becker Friedman Institute for Economics (BFI) serves as a hub for cutting-edge analysis and research across the entire University of Chicago economics community, uniting researchers from the Booth School of Business, the Kenneth C. Griffin Department of Economics, the...
Inspired by our namesakes, Nobel Laureates Gary Becker and Milton Friedman, who believed that economics research could help improve the world, BFI works with the Chicago Economics community to turn its evidence-based research into real-world impact.
The Predoctoral Research in Economics Program (PREP) is intended to serve as a bridge between college and graduate school for students interested in empirical economics. The program offers unique research and professional training opportunities at the University of Chicago.
Expanding Discovery in Economics+ (EDE+) brings together a diverse group of early undergraduate students to hone their research abilities and technical skills.
Leonardo Bursztyn, Matthew Gentzkow, Rafael Jiménez-Durán, Aaron Leonard, Filip Milojević, and Christopher Roth
Market definition is essential for antitrust analysis, but challenging in settings with network effects, where substitution patterns depend on changes in network size. To address this challenge, we conduct an incentivized experiment to measure substitution patterns for TikTok, a popular...
Veronica Guerrieri, Guido Lorenzoni, and Iván Werning
Individual central banks respond to global supply shocks that transmit inflationary pressures—such as oil prices, shipping costs, and bottlenecks in global supply chains—taking these conditions as given. However, their combined global response deter-mines global demand and, thus, the resulting global...
Wages vary substantially between and within cities. While wages are on average higher in larger cities, the real earnings of low-wage workers are lower. Using French matched employer-employee data, I document two novel facts that highlight the role of employers...
Captivating and informative videos on the latest insights and trends as well as the tested stock of knowledge in economics from leaders in academia, policy, business, and the media.