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.
Cathy Yi-Hsuan Chen, George M. Constantinides, Nilesh Hegde, and Abraham Lioui
We find that measurement uncertainty in firms’ carbon intensity commands a positive risk premium, distinct from and alongside a robust premium associated with carbon-intensity levels. Because most emissions are estimated rather than disclosed, our main contribution is to construct an...
This article proposes a way of understanding meritocracy from retrospective versus prospective points of view. Retrospective meritocracy is static or backwards-looking: Merit is based on an individual’s characteristics or past achievements as representative of excellence or as desert for a...
Hassan Afrouzi, Andres Blanco, Andrés Drenik, and Erik Hurst
We study how an automating technology affects career dynamics, human capital, and welfare in an economy where workers acquire skill through the tasks they perform. In a continuous-time general equilibrium model, learning-by-doing is determined jointly with the share of tasks...
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.
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.
Cathy Yi-Hsuan Chen, George M. Constantinides, Nilesh Hegde, and Abraham Lioui
We find that measurement uncertainty in firms’ carbon intensity commands a positive risk premium, distinct from and alongside a robust premium associated with carbon-intensity levels. Because most emissions are estimated rather than disclosed, our main contribution is to construct an...
This article proposes a way of understanding meritocracy from retrospective versus prospective points of view. Retrospective meritocracy is static or backwards-looking: Merit is based on an individual’s characteristics or past achievements as representative of excellence or as desert for a...
Hassan Afrouzi, Andres Blanco, Andrés Drenik, and Erik Hurst
We study how an automating technology affects career dynamics, human capital, and welfare in an economy where workers acquire skill through the tasks they perform. In a continuous-time general equilibrium model, learning-by-doing is determined jointly with the share of tasks...
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.
