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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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        • Culture, Policy, and Economic Development
          Natalie Bau, Sara Lowes, and Eduardo Montero

          Culture shapes how policies are made and how people react to them. This chapter explores how culture and development policy affect each other. First, we provide evidence that cultural mismatch — specifically a mismatch between project manager background and the...

          Building Costs and House Prices
          Brian Potter and Chad Syverson

          We take a long, broad, and theoretically agnostic view toward the connection between building costs and house prices in the US housing market. We find that building costs have never had all that much explanatory power over US housing prices,...

          Borrowing Constraints, Markups, and Misallocation
          Huiyu Li, Chen Lian, Yueran Ma, and Emily Martell

          We document new facts that link firms’ markups to borrowing constraints: (1) less constrained firms within an industry have higher markups, especially in industries where assets are difficult to borrow against and firms rely more on earnings to borrow; (2)...

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          Lessons from the Biggest Business Tax Cut in US History
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          When Religion Meets the Marketplace: Faith, Farming, and Trade-Offs
          Green Bubble Stigma: Texting, Status, and Market Power
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          2025 Women in Empirical Microeconomics Conference

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          2025 Chicago-Princeton Conference on Spatial Economics

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Media Mention·Nov 4, 2024

Which Workers Are Embracing AI?

Chicago Booth Review; Anders Humlum
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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
        • Culture, Policy, and Economic Development
          Natalie Bau, Sara Lowes, and Eduardo Montero

          Culture shapes how policies are made and how people react to them. This chapter explores how culture and development policy affect each other. First, we provide evidence that cultural mismatch — specifically a mismatch between project manager background and the...

          Building Costs and House Prices
          Brian Potter and Chad Syverson

          We take a long, broad, and theoretically agnostic view toward the connection between building costs and house prices in the US housing market. We find that building costs have never had all that much explanatory power over US housing prices,...

          Borrowing Constraints, Markups, and Misallocation
          Huiyu Li, Chen Lian, Yueran Ma, and Emily Martell

          We document new facts that link firms’ markups to borrowing constraints: (1) less constrained firms within an industry have higher markups, especially in industries where assets are difficult to borrow against and firms rely more on earnings to borrow; (2)...

        • View All caret-right
  • Insights
        • Research Briefs

          Measuring Markets for Network Goods
          Administrative Fragmentation in Health Care
          Meaning at Work
        • 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

          When Religion Meets the Marketplace: Faith, Farming, and Trade-Offs
          Green Bubble Stigma: Texting, Status, and Market Power
          AI, the Economy, and Public Policy
        • 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

          Aug 21

          2025 Women in Empirical Microeconomics Conference

          Aug 27

          Economic Theory Conference X

          Sep 12

          2025 Chicago-Princeton Conference on Spatial Economics

        • View All caret-right
  • News
    • BFI News
    • Media Mentions
    • Press Releases
  • Info For
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