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.
Artificial intelligence is increasingly used for political advice. We study an AI that is better informed about a payoff-relevant state and cares both about accuracy and about the perceived welfare of the individual it advises. The AI then has an...
The classic literature argues that a large middle class is a prerequisite for economic development. Is this true when AI progress threatens to disrupt the labor market? On the one hand, uncertainty about the consequences can impede the passage of...
Hunt Allcott, Amy Finkelstein, Anna Grummon, and Matthew Notowidigdo
As of July 2026, 23 states had approved policies that disallow spending of SNAP benefits on sugary drinks. The effects of such restrictions on consumption are unclear, however, since most households can simply switch to buying sugary drinks with non-SNAP...
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.
Restrictions on spending SNAP benefits on sugary drinks reduced the average SNAP household’s retail purchases of excluded drinks by 12.4% over the first half of 2026. In states that excluded only some sugary drinks, SNAP households partially substituted to non-excluded...
Payroll records covering roughly one in seven US workers show that during the recent inflationary period, most firms kept annual raises around 3%, causing real wages to fall behind rising prices and, for many workers, never fully recover.
A new assessment for preschool-aged children generates two distinct measures of interest-type and deprivation-type curiosity, both internally consistent. Children’s vocabulary is associated with both measures, most strongly with deprivation-type curiosity, and the relationship is robust to a rich set of...
When a police officer is shot, is it safer to wait for an ambulance or to be driven straight to the hospital in a squad car? In this episode of The Pie, Prachi Sanghavi, an associate professor in the Department...
Artificial intelligence is increasingly used for political advice. We study an AI that is better informed about a payoff-relevant state and cares both about accuracy and about the perceived welfare of the individual it advises. The AI then has an...
The classic literature argues that a large middle class is a prerequisite for economic development. Is this true when AI progress threatens to disrupt the labor market? On the one hand, uncertainty about the consequences can impede the passage of...
As of July 2026, 23 states had approved policies that disallow spending of SNAP benefits on sugary drinks. The effects of such restrictions on consumption are unclear, however, since most households can simply switch to buying sugary drinks with non-SNAP...
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.
Artificial intelligence is increasingly used for political advice. We study an AI that is better informed about a payoff-relevant state and cares both about accuracy and about the perceived welfare of the individual it advises. The AI then has an...
The classic literature argues that a large middle class is a prerequisite for economic development. Is this true when AI progress threatens to disrupt the labor market? On the one hand, uncertainty about the consequences can impede the passage of...
Hunt Allcott, Amy Finkelstein, Anna Grummon, and Matthew Notowidigdo
As of July 2026, 23 states had approved policies that disallow spending of SNAP benefits on sugary drinks. The effects of such restrictions on consumption are unclear, however, since most households can simply switch to buying sugary drinks with non-SNAP...
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.