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.
We study the extent to which individuals’ consumption decisions are influenced by firms’ stances on controversial social issues and the implied incentives for firms to take such stances. We use transactions from a major payment card company to predict cardholders’...
Guthrie Gray-Lobe, Michael Kremer, Joost de Laat, Oluchi Mbonu, and Cole Scanlon
This study evaluates a large-scale SMS outreach program to engage caregivers of students in private primary schools in Kenya. Using a two-stage randomization design, we tested two types of weekly SMS messages: growth-mindset encouragement and personalized performance information. We find...
Electricity reliability is a central challenge for the energy transition, as growing energy demand, renewable energy integration, and natural disasters increase the risk of large-scale black-outs. However, the economic impacts of large-scale blackouts remain largely unknown. Com-bining electricity market data...
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 Experimental Economics Program
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.
We study the extent to which individuals’ consumption decisions are influenced by firms’ stances on controversial social issues and the implied incentives for firms to take such stances. We use transactions from a major payment card company to predict cardholders’...
Guthrie Gray-Lobe, Michael Kremer, Joost de Laat, Oluchi Mbonu, and Cole Scanlon
This study evaluates a large-scale SMS outreach program to engage caregivers of students in private primary schools in Kenya. Using a two-stage randomization design, we tested two types of weekly SMS messages: growth-mindset encouragement and personalized performance information. We find...
Electricity reliability is a central challenge for the energy transition, as growing energy demand, renewable energy integration, and natural disasters increase the risk of large-scale black-outs. However, the economic impacts of large-scale blackouts remain largely unknown. Com-bining electricity market data...
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.