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.
Matteo Leombroni, Carolin Pflueger, and Adi Sunderam
Does the compensation investors require for holding government bonds vary with their risk? We measure expected excess returns using market yields and professional forecasts of future yields, showing that they are tightly linked to a standard measure of risk: bonds’...
We use LLMs as synthetic survey respondents to elicit green tastes, return beliefs, portfolio allocations, and investment motives from 480 retail and 60 institutional investor identities. Compared with retail, institutions report weaker tastes yet greener portfolio tilts, citing outside pressure....
We study taxation in matching environments in which both equilibrium sorting and the sharing of match surplus are endogenous. Tax reforms lead to complex adjustments in sorting and surplus sharing patterns across the whole economy. We develop a general approach...
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 (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.
Matteo Leombroni, Carolin Pflueger, and Adi Sunderam
Does the compensation investors require for holding government bonds vary with their risk? We measure expected excess returns using market yields and professional forecasts of future yields, showing that they are tightly linked to a standard measure of risk: bonds’...
We use LLMs as synthetic survey respondents to elicit green tastes, return beliefs, portfolio allocations, and investment motives from 480 retail and 60 institutional investor identities. Compared with retail, institutions report weaker tastes yet greener portfolio tilts, citing outside pressure....
We study taxation in matching environments in which both equilibrium sorting and the sharing of match surplus are endogenous. Tax reforms lead to complex adjustments in sorting and surplus sharing patterns across the whole economy. We develop a general approach...
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.
