Becker Friedman Institute Working Papers Series

Sharing research in progress—and refining it through rigorous discussion and debate—is a hallmark of scholarship at the University of Chicago.

The Becker Friedman Institute (BFI) Working Paper series disseminates current research in economics from the Chicago Economics community to encourage comments and discussion. We welcome submissions from University of Chicago tenured and tenure-track faculty and post-doctoral students in all areas of economic research. BFI-affiliated fellows may also contribute to the series. Papers are posted as part of our series on the Social Sciences Research Network (SSRN), on IDEAS/RePEc, and here on this site.

Working paper briefs and highlights can be found here.

Title Authors Published
Dynamism Diminished: The Role of Housing Markets and Credit Conditions Steven J. Davis, John Haltiwanger January 2019
The Aggregate Implications of Regional Business Cycles Martin Beraja, Erik Hurst, Juan Ospina January 2019
Monetary Policy Communications and their Effects on Household Inflation Expectations Olivier Coibion, Yuriy Gorodnichenko, Michael Weber January 2019
Twisted Probabilities, Uncertainty, and Prices Lars Peter Hansen, Bálint Szőke, Lloyd S. Han, Thomas J. Sargent January 2019
The Rise of the Dollar and Fall of the Euro as International Currencies Matteo Maggiori, Brent Neiman, and Jesse Schreger December 2018
The Benchmark Inclusion Subsidy Anil K. Kashyap, Natalia Kovrijnykh, Jian Li, Anna Pavlova December 2018
Pledgeability and Asset Prices: Evidence from the Chinese Corporate Bond Markets Hui Chen, Zhuo Chen, Zhiguo He, Jinyu Liu, Rengming Xie December 2018
Low Inflation: High Default Risk AND High Equity Valuations Harjoat S. Bhamra, Christian Dorion, Alexandre Jeanneret, Michael Weber November 2018
The Cost of Convenience: Ridesharing and Traffic Fatalities John M. Barrios, Yael V. Hochberg, Hanyi Livia Yi November 2018
Money Markets, Collateral and Monetary Policy Fiorella De Fiore, Marie Hoerova, Harald Uhlig November 2018
The Propagation of Monetary Policy Shocks in a Heterogeneous Production Economy Ernesto Pasten, Raphael Schoenle, Michael Weber November 2018
Structured Uncertainty and Model Misspecification Lars Peter Hansen and Thomas J. Sargent November 2018
The Impact of Medicaid Expansion on Voter Participation: Evidence from the Oregon Health Insurance Experiment Katherine Baicker and Amy Finkelstein November 2018
Judicial Errors: Evidence from Refugee Appeals Samuel Norris October 2018
Rebel Capacity, Intelligence Gathering, and the Timing of Combat Operations Konstantin Sonin, Jarnickae Wilson, Austin L. Wright October 2018
Do the Most Important Artists Make the Most Expensive Paintings? David W. Galenson October 2018
Connecting to Power: Political Connections, Innovation, and Firm Dynamics Ufuk Akcigit, Salome Baslandze, Francesca Lotti October 2018
Taxation and Innovation in the 20th Century Ufuk Akcigit, John Grigsby, Tom Nicholas, Stefanie Stantcheva September 2018
The Monetary and Fiscal History of Paraguay, 1960-2016 Javier Charotti, Carlos Fernández Valdovinos, Felipe Gonzalez Soley August 2018
The Impact of Temperature on Productivity and Labor Supply: Evidence from Indian Manufacturing E. Somanathan, Rohini Somanathan, Anant Sudarshan, Meenu Tewari August 2018