Discussion Section with Kevin Murphy

Recent Episodes

Unpacking Policy Consequences

Kevin Murphy, Steven J. Davis, José A. Scheinkman, James J. Heckman, Edward P. Lazear, Lars Peter Hansen

What do economists bring to the table when it comes to evaluating public policy and the outcomes that flow from government action?

Labor, Jobs, and the Modern Economy

Erik Hurst, James J. Heckman, Steven J. Davis, Kevin Murphy, Casey Mulligan

In this episode, UChicago economists explore trends in the labor market following the financial crisis of 2008, approaching what has happened—and is happening—from the employee side, the firm side, and crucial impacts in human capital.

Names, Faces, and Ideas

Kevin Murphy, James J. Heckman, Erik Hurst, José A. Scheinkman, Steven J. Davis, Benjamin Brooks, Mohammad Akbarpour, Chad Syverson, Manasi Deshpande, Casey Mulligan, Edward P. Lazear, Lars Peter Hansen

In these excerpts, Kevin Murphy talks with fellow economists about their approach to economics, introduces their research interests, and sets the tone for delving deeper into how and why this research and its application is exciting and essential.

Inquiry and Impact

Kevin Murphy, Mohammad Akbarpour, Benjamin Brooks

In these excerpts, Becker Friedman Institute scholars talk about how being at the institute has helped them extend and enhance their research agenda.

Recent Conversations

Lars Peter Hansen

As founding director of BFI, Lars Peter Hansen and his distinguished board of advisors were critical in developing the Institute’s commitment to sound theoretical and empirical research. Hansen describes the early mission of the Institute (when it began as the Milton Friedman Institute), and its evolution over time.
 

April 11, 2018

Discussion Section with Kevin Murphy, featuring Lars Peter Hansen: BFI from Lars’s Perspective

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Lars Peter Hansen

For economists building macroeconomic models, one of the important challenges is to incorporate risk aversion into those models, as Lars Peter Hansen describes in this episode.
 

April 11, 2018

Discussion Section with Kevin Murphy, featuring Lars Peter Hansen: Macroeconomic Models Part 1

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Lars Peter Hansen

Persistence in the macro economy takes time to understand and can change often. With his work focusing on the broader notion of uncertainty, Lars Peter Hansen describes the importance of understanding where in the macroeconomic model learning is easy and where it is hard. He also talks about asset pricing models and the link between behavioral finance and his research.
 

April 11, 2018

Discussion Section with Kevin Murphy, featuring Lars Peter Hansen: Macroeconomic Models Part 2

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Lars Peter Hansen

Kevin Murphy and Lars Peter Hansen talk about the three different levels of macroeconomic models.
 

April 11, 2018

Discussion Section with Kevin Murphy, featuring Lars Peter Hansen: Macroeconomic Models Part 3

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Discussion Section: Names, Faces, and Ideas

Lars Peter Hansen

In this episode, Murphy queries Hansen about his research, which is somewhat unique in that Hansen incorporates theory, econometrics, and data—often in the same paper. Hansen also looks back and reviews key influences on his work.

April 11, 2018

Discussion Section with Kevin Murphy, featuring Lars Peter Hansen: Names Faces and Ideas Part 1

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