Sharing research in progress—and refining it through rigorous discussion and debate—is a hallmark of scholarship at the Becker Friedman Institute for Economics.
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 in all areas of economic research. Chicago Research 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.