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.
Neele L. Balke, Stéphane Bonhomme, and Thibaut Lamadon
Latent-variable models are central to economics but often entail intractable integration. Variational inference (VI), widely used in machine learning, turns this integration into tractable, differentiable optimization by replacing the likelihood with a variational objective. However, guarantees of recovering the true...
Policies restricting gun sales face substantial political opposition and constitutional constraints. In this paper, we ask how costly it would be to induce potential handgun buyers to choose less lethal alternatives. Pairing stated-choice experiments with a behavioral model of firearm...
Ran Abramitzky, Jacob Conway, Roy Mill, and Luke C.D. Stein
We study differences in economic outcomes by perceived skin tone among African Americans using full-count U.S. decennial census data from the late-19th and early-20th centuries. Comparing children coded as “Black” or “Mulatto” by census enumerators and linking these children across...
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.
Roughly 3 million Americans own private businesses and have a net worth of at least $5 million. Together they hold more than $50 trillion, about 13 times the wealth of the entire Forbes 400. In this episode, Chicago Booth economist...
Student loan borrowers who were more optimistic that their loans would be forgiven under the plan announced in August 2022 increased their routine spending by roughly $80 per month, and those who expected the COVID-era pause to be extended again...
Competition among firms developing artificial general intelligence can encourage them to prioritize speed over safety, increasing the risk of a catastrophic outcome. Industry consolidation, regulation facilitating commitment to slow down, and governments entering the race in a safe way improves...
What Is the AMOC? The Atlantic Meridional Overturning Circulation (AMOC) carries warm, salty surface water from the subtropics toward the North Atlantic, where the water cools, sinks, and flows back south. The delivery of warm water north helps keep Western...
Latent-variable models are central to economics but often entail intractable integration. Variational inference (VI), widely used in machine learning, turns this integration into tractable, differentiable optimization by replacing the likelihood with a variational objective. However, guarantees of recovering the true...
Policies restricting gun sales face substantial political opposition and constitutional constraints. In this paper, we ask how costly it would be to induce potential handgun buyers to choose less lethal alternatives. Pairing stated-choice experiments with a behavioral model of firearm...
We study differences in economic outcomes by perceived skin tone among African Americans using full-count U.S. decennial census data from the late-19th and early-20th centuries. Comparing children coded as “Black” or “Mulatto” by census enumerators and linking these children across...
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.
Neele L. Balke, Stéphane Bonhomme, and Thibaut Lamadon
Latent-variable models are central to economics but often entail intractable integration. Variational inference (VI), widely used in machine learning, turns this integration into tractable, differentiable optimization by replacing the likelihood with a variational objective. However, guarantees of recovering the true...
Policies restricting gun sales face substantial political opposition and constitutional constraints. In this paper, we ask how costly it would be to induce potential handgun buyers to choose less lethal alternatives. Pairing stated-choice experiments with a behavioral model of firearm...
Ran Abramitzky, Jacob Conway, Roy Mill, and Luke C.D. Stein
We study differences in economic outcomes by perceived skin tone among African Americans using full-count U.S. decennial census data from the late-19th and early-20th centuries. Comparing children coded as “Black” or “Mulatto” by census enumerators and linking these children across...
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.