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Becker Friedman Institute for Economics
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        • About the Becker Friedman Institute
          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...
        • Our Legacy
          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.
        • Pre-Doctoral Research Professionals
          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+
          Expanding Discovery in Economics+ (EDE+) brings together a diverse group of early undergraduate students to hone their research abilities and technical skills.
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        • Measuring Markets for Network Goods
          Leonardo Bursztyn, Matthew Gentzkow, Rafael Jiménez-Durán, Aaron Leonard, Filip Milojević, and Christopher Roth

          Market definition is essential for antitrust analysis, but challenging in settings with network effects, where substitution patterns depend on changes in network size. To address this challenge, we conduct an incentivized experiment to measure substitution patterns for TikTok, a popular...

          Global Price Shocks and International Monetary Coordination
          Veronica Guerrieri, Guido Lorenzoni, and Iván Werning

          Individual central banks respond to global supply shocks that transmit inflationary pressures—such as oil prices, shipping costs, and bottlenecks in global supply chains—taking these conditions as given. However, their combined global response deter-mines global demand and, thus, the resulting global...

          The Local Root of Wage Inequality
          Hugo Lhuillier

          Wages vary substantially between and within cities. While wages are on average higher in larger cities, the real earnings of low-wage workers are lower. Using French matched employer-employee data, I document two novel facts that highlight the role of employers...

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          Saved by Medicaid: New Evidence on Health Insurance and Mortality from the Universe of Low-Income Adults
          The Persistence of Female Political Power in Africa
          Mechanism Design for Personalized Policy: A Field Experiment Incentivizing Exercise
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        • BFI Data Studio

          Separation of Church and State Curricula? Examining Public and Religious Private School Textbooks
          Local Economies, Global Perspective
          Lessons from the Biggest Business Tax Cut in US History
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          AI, the Economy, and Public Policy
          Tariffs, Trade, and a Misused Model
          Between a Chip and a Hard Place: The Economics of Security and Sovereignty in Taiwan
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          Jun 22

          2025 Price Theory Summer Camp

          Jul 9

          The Safer Streets: Mission: Causes, Solutions and Next Steps to Reducing Violence

          Aug 21

          2025 Women in Empirical Microeconomics Conference

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Media Mention·Apr 27, 2017

New research published on Ethiopian factory work by Harris Professor Chris Blattman, Co-Director of BFI’s Development Economics Initiative

Related People
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© 2025 Becker Friedman Institute for Economics at the University of Chicago

  • About
        • About the Becker Friedman Institute
          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...
        • Our Legacy
          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.
        • Pre-Doctoral Research Professionals
          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+
          Expanding Discovery in Economics+ (EDE+) brings together a diverse group of early undergraduate students to hone their research abilities and technical skills.
        • Visitors & Fellows
        • Our Team
        • BFI Employment Opportunities
        • Contact
  • Network
        • Research Initiatives
          • Big Data Initiative
          • Chicago Experiments Initiative
          • Health Economics Initiative
          • Industrial Organization Initiative
          • International Economics and Economic Geography Initiative
          • Macroeconomic Research Initiative
          • Political Economics Initiative
          • Price Theory Initiative
          • Public Economics Initiative
          • Ronzetti Initiative for the Study of Labor Markets
          • Socioeconomic Inequalities Initiative
        • View All caret-right
        • Regional Initiatives
          • BFI-China
          • BFI-Latin America
          • Tata Centre for Development
        • View All caret-right
        • Programs & Centers
          • Expanding Discovery in Economics+ (EDE+)
          • Development Economics Center
          • Global Center for Economic Growth - Growth Academy
          • Macro Finance Research Program
          • Program in Behavioral Economics Research
          • TMW Center for Early Learning + Public Health
        • View All caret-right
  • Scholars
    • UChicago Scholars
    • Visiting Scholars
    • Saieh Family Fellows
    • Predoctoral Research Professionals
  • Research
        • Measuring Markets for Network Goods
          Leonardo Bursztyn, Matthew Gentzkow, Rafael Jiménez-Durán, Aaron Leonard, Filip Milojević, and Christopher Roth

          Market definition is essential for antitrust analysis, but challenging in settings with network effects, where substitution patterns depend on changes in network size. To address this challenge, we conduct an incentivized experiment to measure substitution patterns for TikTok, a popular...

          Global Price Shocks and International Monetary Coordination
          Veronica Guerrieri, Guido Lorenzoni, and Iván Werning

          Individual central banks respond to global supply shocks that transmit inflationary pressures—such as oil prices, shipping costs, and bottlenecks in global supply chains—taking these conditions as given. However, their combined global response deter-mines global demand and, thus, the resulting global...

          The Local Root of Wage Inequality
          Hugo Lhuillier

          Wages vary substantially between and within cities. While wages are on average higher in larger cities, the real earnings of low-wage workers are lower. Using French matched employer-employee data, I document two novel facts that highlight the role of employers...

        • View All caret-right
  • Insights
        • Research Briefs

          Saved by Medicaid: New Evidence on Health Insurance and Mortality from the Universe of Low-Income Adults
          The Persistence of Female Political Power in Africa
          Mechanism Design for Personalized Policy: A Field Experiment Incentivizing Exercise
        • View All caret-right
        • BFI Data Studio

          Separation of Church and State Curricula? Examining Public and Religious Private School Textbooks
          Local Economies, Global Perspective
          Lessons from the Biggest Business Tax Cut in US History
        • View All caret-right
        • Podcasts

          AI, the Economy, and Public Policy
          Tariffs, Trade, and a Misused Model
          Between a Chip and a Hard Place: The Economics of Security and Sovereignty in Taiwan
        • View All caret-right
        • Videos

          BFI Youtube Channel external
          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.
  • Events
        • Upcoming Events

          Jun 22

          2025 Price Theory Summer Camp

          Jul 9

          The Safer Streets: Mission: Causes, Solutions and Next Steps to Reducing Violence

          Aug 21

          2025 Women in Empirical Microeconomics Conference

        • View All caret-right
  • News
    • BFI News
    • Media Mentions
    • Press Releases
  • Info For
    • Scholars
    • Students
    • Media
    • Pre-Doctoral Research Professionals
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