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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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        • Introducing The SPEAK: A Scalable Computer- Adaptive Tool to Measure Knowledge of Early Human Development
          Caroline Gaudreau, Dani Levine, John List, and Dana Suskind

          Research shows responsive caregiving enhances children’s brain development, with parental knowledge predicting positive behaviors and outcomes. However, knowledge varies widely across educational levels, highlighting the need for targeted interventions. Despite evidence that this knowledge can be improved, no comprehensive metric...

          Human Capital Accumulation Across Space
          Klaus Desmet, Dávid Krisztián Nagy, and Esteban Rossi-Hansberg

          This paper studies how human capital shapes the economic geography of development. We develop a model in which the cost of acquiring human capital varies across space, and regions with higher human capital innovate more. Locations are spatially connected through...

          Bond-Stock Comovements
          John Y. Campbell, Carolin Pflueger, and Luis M. Viceira

          This paper documents that during the late 20th Century, nominal government bonds and stocks tended to comove positively, whereas during the first quarter of the 21st Century they have tended to comove negatively. A similar sign switch is observable for...

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          The Hidden Volatility of American Workers’ Paychecks
          Why Has Regional Income Convergence in the U.S. Declined?
          Building Costs and House Prices​
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          The Economics of Early Childhood: Why the First Five Years Matter Most
          The Law of Unintended Consequences: How Dobbs Changed Contraceptive Choices
          Finding Your Why at Work: The Economics of Purpose
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          2025 Macroeconomic Policy Perspectives Conference

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Media Mention·Nov 25, 2022

Parents who raise highly successful kids have these 3 things in common

CNBC Make It; Dana Suskind
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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
        • Introducing The SPEAK: A Scalable Computer- Adaptive Tool to Measure Knowledge of Early Human Development
          Caroline Gaudreau, Dani Levine, John List, and Dana Suskind

          Research shows responsive caregiving enhances children’s brain development, with parental knowledge predicting positive behaviors and outcomes. However, knowledge varies widely across educational levels, highlighting the need for targeted interventions. Despite evidence that this knowledge can be improved, no comprehensive metric...

          Human Capital Accumulation Across Space
          Klaus Desmet, Dávid Krisztián Nagy, and Esteban Rossi-Hansberg

          This paper studies how human capital shapes the economic geography of development. We develop a model in which the cost of acquiring human capital varies across space, and regions with higher human capital innovate more. Locations are spatially connected through...

          Bond-Stock Comovements
          John Y. Campbell, Carolin Pflueger, and Luis M. Viceira

          This paper documents that during the late 20th Century, nominal government bonds and stocks tended to comove positively, whereas during the first quarter of the 21st Century they have tended to comove negatively. A similar sign switch is observable for...

        • View All caret-right
  • Insights
        • Research Briefs

          Why Is Manufacturing Productivity Growth So Low?
          Artificial Writing and Automated Detection
          Superstar Firms Through the Generations
        • View All caret-right
        • BFI Data Studio

          The Hidden Volatility of American Workers’ Paychecks
          Why Has Regional Income Convergence in the U.S. Declined?
          Building Costs and House Prices​
        • View All caret-right
        • Podcasts

          The Economics of Early Childhood: Why the First Five Years Matter Most
          The Law of Unintended Consequences: How Dobbs Changed Contraceptive Choices
          Finding Your Why at Work: The Economics of Purpose
        • 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

          Oct 16

          2025 Macroeconomic Policy Perspectives Conference

          Oct 17

          Development Lunch Workshop – Fall 2025

          Oct 17

          Fall 2025 Trade and Spatial Afternoons Seminar Series

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