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.
Lubos Pastor, Robert F. Stambaugh, and Lucian A. Taylor
We study how opening private markets to retail investors affects investors and firms. Calibrating a production-based asset-pricing model, we find that democratization raises retail investors’ welfare, but barely. Retail investors benefit little from democratization even if they face no extra...
Bruce Meyer, Nikolas Mittag, Derek Wu, Anthony Tatarka, and Patrick Langetieg
Surveys provide much of what we know in social science and are often the only source of information on private behaviors, attitudes and expectations. Strands of the literature document four broad error sources: survey coverage, unit non-response, item non-response, and...
Artificial intelligence is increasingly used for political advice. We study an AI that is better informed about a payoff-relevant state and cares both about accuracy and about the perceived welfare of the individual it advises. The AI then has an...
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.
Discussion Section with Kevin Murphy, Featuring Derek Neal
Kevin Murphy talks with Derek Neal, The William C. Norby Professor in Economics, about education policy and the economics of public investment in education.
How Should Parents Respond When Grades are Good, But Test Scores are Bad?
Tess Vigeland and Ariel Kalil
When a child brings home good grades but low standardized test scores, which signal should parents pay attention to? In this episode, Ariel Kalil of the UChicago Harris School of Public Policy discusses new research showing that parents lean heavily...
Topics:
K-12 Education
Research Briefs·Sep 8, 2023
From Retributive to Restorative: An Alternative Approach to Justice
Anjali Adukia, Benjamin Feigenberg, and Fatemeh Momeni
The introduction of restorative justice practices in Chicago Public High Schools reduced the number of out-of-school suspension days by 18 percent, and reduced the number of out-of-school arrests by 15 percent, among other positive effects.
Topics:
K-12 Education
Research Briefs·Jul 25, 2023
Who Benefits from Remote Schooling? Self-Selection and Match Effects
Jesse Bruhn, Christopher Campos, and Eric Chyn
While remote learning has a negative average effect on reading and math skills, positive learning effects accrue to children whose parents have the strongest demand for remote learning, with an important subset of students benefitting from expanded choice.
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.
Lubos Pastor, Robert F. Stambaugh, and Lucian A. Taylor
We study how opening private markets to retail investors affects investors and firms. Calibrating a production-based asset-pricing model, we find that democratization raises retail investors’ welfare, but barely. Retail investors benefit little from democratization even if they face no extra...
Bruce Meyer, Nikolas Mittag, Derek Wu, Anthony Tatarka, and Patrick Langetieg
Surveys provide much of what we know in social science and are often the only source of information on private behaviors, attitudes and expectations. Strands of the literature document four broad error sources: survey coverage, unit non-response, item non-response, and...
Artificial intelligence is increasingly used for political advice. We study an AI that is better informed about a payoff-relevant state and cares both about accuracy and about the perceived welfare of the individual it advises. The AI then has an...
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.
