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.
Jason Allen, Ali Hortaçsu, Eric Richert, and Milena Wittwer
Hedge funds have become increasingly active in Treasury markets, yet we have little evidence on how this shift has affected the market. We focus on the primary market, where the government issues its debt through auctions. Using over 20 years...
Ingvil Gaarder, Morten Grindaker, Tom G. Meling, and Magne Mogstad
We test for and measure green waste: the misallocation of public subsidies for green investment projects. Our context is a major Norwegian program for green investment subsidies. We develop a model of subsidy allocation and apply it to detailed project-level...
Why do people sometimes overreact to new information and other times underreact? We develop a model in which the strength of a signal—how much one should update their beliefs with new information—depends on multiple features of the information environment. Limited...
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 Becker Friedman Institute for Economics 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 Harris School of Public Policy, and the Law School in an unparalleled effort to uncover new ways of thinking about economics. We put those ideas into action by translating rigorous research into accessible and relevant formats, and proactively disseminating it to key decision-makers around the world.
Our Legacy
For decades, UChicago economists have questioned conventional wisdom and produced bold, even revolutionary ideas. The Becker Friedman Institute for Economics builds on this tradition, supporting innovative research to inspire a future of powerful new ideas.
Visitors & Fellows
Counting over 20 Nobel laureates among its faculty of economics, UChicago is the global hub for frontier research. BFI supports collaboration in the field by hosting non-faculty scholars through our Saieh Family Fellows, Distinguished Research Fellows, and Visiting Scholars programs.
Predoctoral Research in Economics Program (PREP)
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.
Opportunities for Students
BFI offers a variety of opportunities for students, including the internship and research assistantship programs.
Our Team
BFI is guided by leading scholars from throughout the UChicago community and an advisory board of business leaders with a range of backgrounds.
Kenneth C. Griffin Distinguished Service Professor in Economics and the College, Kenneth C. Griffin Department of Economics, Director, Becker Friedman Institute for Economics; Director, BFI Chicago Experiments Initiative
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.
Jason Allen, Ali Hortaçsu, Eric Richert, and Milena Wittwer
Hedge funds have become increasingly active in Treasury markets, yet we have little evidence on how this shift has affected the market. We focus on the primary market, where the government issues its debt through auctions. Using over 20 years...
Ingvil Gaarder, Morten Grindaker, Tom G. Meling, and Magne Mogstad
We test for and measure green waste: the misallocation of public subsidies for green investment projects. Our context is a major Norwegian program for green investment subsidies. We develop a model of subsidy allocation and apply it to detailed project-level...
Why do people sometimes overreact to new information and other times underreact? We develop a model in which the strength of a signal—how much one should update their beliefs with new information—depends on multiple features of the information environment. Limited...
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.