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.
Recent studies suggest that the increasing supply of college-educated workers in Latin America has reduced returns to skill, as evidenced by the decreasing college premium. We show that the college premium does not accurately represent returns to skill, particularly in...
Sekyu Choi, Benjamín Villena Roldán, and Nincen Figueroa
We estimate high real wage cyclicality using over a decade of online job ads. Our unique, high-quality data—featuring reliable wage rates, firm identifiers, job titles, hiring standards, vacancy counts, and applicant demographics— provides an accurate measure of firms’ marginal labor...
Ísis Lira, Ricardo Freguglia, Gustavo Gonzaga, Tomás Guanziroli, and Laura Schiavon
This paper estimates the effects of labor inspections in Brazil. Inspections reduce es-tablishment employment by about 8% within three years, driven mainly by lower hiring, with modest wage declines. Both deterrence and punishment shape these responses: even non-penalized firms contract,...
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.
Recent studies suggest that the increasing supply of college-educated workers in Latin America has reduced returns to skill, as evidenced by the decreasing college premium. We show that the college premium does not accurately represent returns to skill, particularly in...
Sekyu Choi, Benjamín Villena Roldán, and Nincen Figueroa
We estimate high real wage cyclicality using over a decade of online job ads. Our unique, high-quality data—featuring reliable wage rates, firm identifiers, job titles, hiring standards, vacancy counts, and applicant demographics— provides an accurate measure of firms’ marginal labor...
Ísis Lira, Ricardo Freguglia, Gustavo Gonzaga, Tomás Guanziroli, and Laura Schiavon
This paper estimates the effects of labor inspections in Brazil. Inspections reduce es-tablishment employment by about 8% within three years, driven mainly by lower hiring, with modest wage declines. Both deterrence and punishment shape these responses: even non-penalized firms contract,...
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.
