The Macro Finance Research Program (MFR), under the auspices of the Becker Friedman Institute (BFI) at the University of Chicago, will be organizing an MFR Summer Session for PhD students looking to write a dissertation at the interplay of macroeconomics and finance.

The MFR Summer Session will be a 4-day program held on August 1-4, 2022, hosted at The University of Chicago. Local housing accommodations, travel funding and food will be funded by MFR for the duration of the summer session for selected participants.

The MFR Program is led by Professor Lars Peter Hansen, the David Rockefeller Distinguished Service Professor in Economics, Statistics, and the Booth School of Business at the University of Chicago, who is also the recipient of the 2013 Nobel Prize in Economics. Throughout the four days of this summer session, faculty from the University of Chicago will survey and discuss recent research on a variety of topics in the macro-finance field.

We anticipate providing the opportunity for advanced students to present their current research during structured poster sessions. Among some of the faculty involved in the MFR Program Summer Session for Young Scholars, there will be lectures by:

  •  Fernando Alvarez, Inaugural Saieh Family Professor in Economics and the College, the Kenneth C. Griffin Department of Economics, University of Chicago
    • Presentation title: Mean Field Games with Applications to Macro-Finance
  • John Cochrane, Rose-Marie and Jack Anderson Senior Fellow, Hoover Institution, Stanford University
    • Presentation title: The Fiscal Theory of the Price Level
  • Wenxin Du, Associate Professor of Finance and Fama Faculty Fellow, Booth School of Business, University of Chicago
    • Presentation title: The Dollar, CIP Deviations and Frictions in International Capital Markets
  • Lars Peter Hansen, David Rockefeller Distinguished Service Professor in Economics, Statistics, Booth School of Business & the College, University of Chicago
    • Presentation title: The Consequences of Uncertain Climate Change for Markets and Policy
  • Zhiguo He, Fuji Bank and Heller Professor of Finance and Jeuck Faculty Fellow, Booth School of Business, University of Chicago
    • Presentation title: Corporate Bonds: Pricing and Beyond
  • Rohan Kekre, Assistant Professor of Economics, Booth School of Business, University of Chicago
    • Presentation title: Heterogeneity, Financial Markets, and Macroeconomic Fluctuations
  • Ralph Koijen, AQR Capital Management Distinguished Service Professor of Finance and Fama Faculty Fellow, Booth School of Business, University of Chicago
    • Presentation title: Macro Finance in Inelastic Markets
  • Yueran Ma, Assistant Professor of Finance and Liew Family Junior Faculty Fellow, Booth School of Business, University of Chicago
    • Presentation title: Expectations in Finance and Macroeconomics
  • Robert Shimer, Economics Department Chair and the Alvin H. Baum Professor in Economics and the College, University of Chicago
    • Presentation title: Random Search and Over the Counter Markets
  • Harald Uhlig, The Bruce Allen and Barbara Ritzenthaler Professor in Economics, Kenneth C. Griffin Department of Economics, University of Chicago
    • Presentation title: Digital Currencies: What does the Future Hold?
  • Laura Veldkamp, Cooperman Professor of Finance and Economics, Columbia Business School; Maryam Farboodi, Assistant Professor of Finance, MIT Sloan School of Management
    • Presentation title: The Macroeconomics and Finance of Data as an Asset

Application Requirements for PhD Students

  • Two recommendations, at least one from the student applicant’s dissertation advisor (sent directly from the faculty to the MFR Program email address noted below) 
  • Short Statement of Interest (minimum length: one paragraph, double spaced, 12-point font, maximum length: one page, double spaced, 12-point font)
  • CV

The 2022 MFR Summer Session for Young Scholars application process is now closed.

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