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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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        • The Macroeconomic Effects of Neighborhood Policies: a Dynamic Analysis
          Alessandra Fogli, Veronica Guerrieri, Mark Ponder, and Marta Prato

          We study the macroeconomic effects of neighborhood-specific policies in a general equilibrium model of a city with endogenous residential sorting and educational investment. A key feature of the model is the presence of endogenous local spillovers that depend on the...

          Managers and the Cultural Transmission of Gender Norms
          Virginia Minni, Kieu-Trang Nguyen, Heather Sarsons, and Carla Srebot

          This paper studies how managers’ gender attitudes shape workplace culture and gender inequality. Using data from a multinational firm operating in over 100 countries, we leverage cross-country manager rotations to identify the effects of male managers’ gender attitudes on gender...

          Diversionary Escalation: Theory and Evidence from Eastern Ukraine
          Natalie Ayers, Christopher W. Blair, Joseph J. Ruggiero, Austin L. Wright, and Konstantin Sonin

          When leaders face threats to their authority, escalating foreign conflict can help divert public attention away from domestic grievances. We develop a formal microfoundation for diversionary escalation rooted in a theory of regime change. Although the idea of diversionary escalation...

        • View All caret-right
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          Africa as a Success Story: Political Organization in Pre-Colonial Africa
          The Incidence of Tariffs: Rates and Reality
          Closed Visas Trap Temporary Foreign Workers in Worse Jobs
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        • BFI Data Studio

          Unlocking the Power of Markets as a New Tool for Regulating Pollution
          Explore Historical Manufacturing Data
          The Hidden Volatility of American Workers’ Paychecks
        • View All caret-right
        • Podcasts

          Venezuela After Maduro: What Comes Next?
          Why Banks Exist and Why They Fail: Douglas Diamond on Runs, Regulation, and the Risks of Short-Term Debt
          At What Age Does Family Income Most Shape Your Future? Timing and Intergenerational Mobility
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          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

          Feb 2

          Winter 2026 Behavioral Economics Seminar Series

          Feb 9

          Winter 2026 Behavioral Economics Seminar Series

          Feb 12

          BFI Student Lunch Series – Tariff Wars! What are the Rates? Who Pays? What’s Next?

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Media Mention·Jul 21, 2023

Planet Money Paper Club

NPR Planet Money Paper Club; Yana Gallen
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  • Yana Gallen
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© 2026 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
        • Global 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
        • The Macroeconomic Effects of Neighborhood Policies: a Dynamic Analysis
          Alessandra Fogli, Veronica Guerrieri, Mark Ponder, and Marta Prato

          We study the macroeconomic effects of neighborhood-specific policies in a general equilibrium model of a city with endogenous residential sorting and educational investment. A key feature of the model is the presence of endogenous local spillovers that depend on the...

          Managers and the Cultural Transmission of Gender Norms
          Virginia Minni, Kieu-Trang Nguyen, Heather Sarsons, and Carla Srebot

          This paper studies how managers’ gender attitudes shape workplace culture and gender inequality. Using data from a multinational firm operating in over 100 countries, we leverage cross-country manager rotations to identify the effects of male managers’ gender attitudes on gender...

          Diversionary Escalation: Theory and Evidence from Eastern Ukraine
          Natalie Ayers, Christopher W. Blair, Joseph J. Ruggiero, Austin L. Wright, and Konstantin Sonin

          When leaders face threats to their authority, escalating foreign conflict can help divert public attention away from domestic grievances. We develop a formal microfoundation for diversionary escalation rooted in a theory of regime change. Although the idea of diversionary escalation...

        • View All caret-right
  • Insights
        • Research Briefs

          Africa as a Success Story: Political Organization in Pre-Colonial Africa
          The Incidence of Tariffs: Rates and Reality
          Closed Visas Trap Temporary Foreign Workers in Worse Jobs
        • View All caret-right
        • BFI Data Studio

          Unlocking the Power of Markets as a New Tool for Regulating Pollution
          Explore Historical Manufacturing Data
          The Hidden Volatility of American Workers’ Paychecks
        • View All caret-right
        • Podcasts

          Venezuela After Maduro: What Comes Next?
          Why Banks Exist and Why They Fail: Douglas Diamond on Runs, Regulation, and the Risks of Short-Term Debt
          At What Age Does Family Income Most Shape Your Future? Timing and Intergenerational Mobility
        • 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

          Feb 2

          Winter 2026 Behavioral Economics Seminar Series

          Feb 9

          Winter 2026 Behavioral Economics Seminar Series

          Feb 12

          BFI Student Lunch Series – Tariff Wars! What are the Rates? Who Pays? What’s Next?

        • View All caret-right
  • News
    • BFI News
    • Media Mentions
    • Press Releases
  • Info For
    • Scholars
    • Students
    • Media
    • Pre-Doctoral Research Professionals
  • Subscribe
    • Join Our Weekly Briefing Newsletter
    • Newsletter Archive
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