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Becker Friedman Institute for Economics
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Becker Friedman Institute for Economics
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The Becker Friedman Institute @UChicago supports inquiry on significant economic and policy questions. RT/Follow ≠ endorsement.
- In memory of Bob Lucas (1937-2023)
- The inaugural Women in Empirical Microeconomics Conference is a wrap, after two days of amazing presentations and discussions! @WiEMecon
- (1/2) Measuring global GDP is challenging, especially in middle- and low-income countries where reliable statistics are scarce. In new research, @HansbergRossi combines nighttime lights, land use, emissions, and a random forest model to estimate subnational GDP.
- Available now! A Monetary and Fiscal History of Latin America, 1960-2017 is now online and available for pre-order in print. The work is a comprehensive look at 6 decades of macroeconomic policies across the region. Learn more: bit.ly/2LSOqIZ
- We are excited to welcome Prof. Michael Kremer to the University of Chicago!
- Introducing Pandemic Economics - a podcast from BFI & @Stitcher exploring the economic impact of COVID-19. Hosts @PorterEduardo & @TessVigeland talk to @UChicago economists about their research, sharing insights into this moment. New episodes weekly! bit.ly/2XXXoIH
- Robert E. Lucas Jr.'s research on rational expectations transformed the field of macroeconomics. Read more about how his pioneering research had a profound effect:
- NEW: Research finds WFH resulted in a significant increase in total hours worked, but a decrease in productivity by about 20%. Analysis from Friederike Mengel, Christoph Siemroth & @ChicagoBooth's Michael Gibbs provides key insights for the future of working from home.
- When Colombia introduced a new law to cap spending by local governments, overspending & deficits dropped, while living standards remained unchanged. Voters became more satisfied & incumbents were reelected. @HarrisPolicy's Luis Martínez & @mariacarreri
- Using data on night-time lights captured by satellites, @HarrisPolicy's Luis Martínez shows that autocracies overstate yearly GDP growth by as much as 35%.
- Why do people hate inflation? Employers don’t raise wages automatically, so workers must fight for raises—making the true cost of inflation even higher for them. Research by Joao Guerreiro, Jonathon Hazell, Chen Lian, & Christina Patterson (@ChicagoBooth) ow.ly/F1Cq50W0tez
- What does the Spanish colonial empire in Latin America tell us about the effects of state formation on economic development & political institutions? ow.ly/2pXz50S4n6l @HarrisPolicy's @LuisRMartinezA, @GChiovelli, @LeopoldoTweets, @jdtorres96, & Felipe Valencia Caicedo
- FINDING: Cognitive behavior therapy alone, and therapy with economic assistance, produce dramatic reductions in crime and violence, with greatest impacts among high-risk men. The effects of therapy alone are smaller and more fragile. New research from @HarrisPolicy’s @cblatts:
