Becker Friedman Institute for Economics @BeckerFriedman Twitter profile

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Becker Friedman Institute for Economics

@BeckerFriedman

1 year

In memory of Bob Lucas (1937-2023)

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Becker Friedman Institute for Economics

@BeckerFriedman

2 years

The inaugural Women in Empirical Microeconomics Conference is a wrap, after two days of amazing presentations and discussions! @WiEMecon

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Becker Friedman Institute for Economics

@BeckerFriedman

3 years

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:

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Becker Friedman Institute for Economics

@BeckerFriedman

4 years

We are excited to welcome Prof. Michael Kremer to the University of Chicago!

Nobel-winning economist Michael Kremer to join UChicago faculty as University Professor

Development economist appointed to Kenneth C. Griffin Department of Economics

news.uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

4 years

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!

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Becker Friedman Institute for Economics

@BeckerFriedman

1 year

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:

Robert E. Lucas Jr., Nobel laureate and pioneering economist, 1937-2023

University of Chicago scholar’s research on rational expectations transformed the field of macroeconomics

news.uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

3 years

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.

Work from Home & Productivity

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

4 months

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

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Becker Friedman Institute for Economics

@BeckerFriedman

2 months

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%.

How Much Should We Trust the Dictator’s GDP Growth Estimates? | BFI

Gross Domestic Product, GDP, is the most widely used measure of economic activity and one that is very attractive for governments to manipulate. Although the incentive to overstate economic growth is...

bfi.uchicago.edu

2

40

129

Becker Friedman Institute for Economics

@BeckerFriedman

1 month

What does the Spanish colonial empire in Latin America tell us about the effects of state formation on economic development & political institutions? @HarrisPolicy 's @LuisRMartinezA , @GChiovelli , @LeopoldoTweets , @jdtorres96 , & Felipe Valencia Caicedo

2

22

116

Becker Friedman Institute for Economics

@BeckerFriedman

2 years

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 :

Cognitive Behavior Therapy Reduces Crime and Violence Over 10 Years

uchicago.edu

2

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Becker Friedman Institute for Economics

@BeckerFriedman

3 years

NEW: A first-of-its-kind study shows lifetime earnings of the median male worker entering the US labor market declined by 10% from 1967 to 1983 - roughly a loss of $136,000. Explore the findings from @fatihguvenen , @GregWKaplan ( @UChi_Economics ), Jae Song, Justin Weidner:

Examining Lifetime Earnings in the US Over Six Decades

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

6 months

. @UChi_Economics ' Michael Greenstone was named the Distinguished Lecturer for the American Economic Association's Annual Meeting last week, discussing "The Economics of the Global Energy Challenge". Watch the lecture here: #ASSA2024

Michael Greenstone named Distinguished Lecturer for the AEA Annual...

aeaweb.org

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Becker Friedman Institute for Economics

@BeckerFriedman

4 months

64% of TikTok users would be better off if the app didn't exist. TikTok users would pay $28 to have others, including themselves, delete their accounts . @UChi_Economics ' Leonardo Bursztyn, Benjamin Handel, Rafael Jiménez-Durán, & Christopher Roth

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Becker Friedman Institute for Economics

@BeckerFriedman

27 days

Long-run exposure to Arab-Muslims decreases White Americans’ prejudices, reduces support for Trump & the Muslim Ban, & increases altruism toward Arab countries. @UChi_Economics ' Leonardo Bursztyn, Thomas Chaney, @t_a_hassan , @aakaash_rao

The Immigrant Next Door: Exposure, Prejudice, and Altruism | BFI

Discrimination against Arab-Muslims in the United States, including violence and hate speech, has grown substantially over the past five years. But there is hope, and it lies with more contact...

bfi.uchicago.edu

1

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Becker Friedman Institute for Economics

@BeckerFriedman

4 years

FACT: The negative economic shock caused by COVID-19 is similar to a supply shock that causes a reduction in aggregate demand larger than the original reduction in labor supply. New work from @VeronicaGuerri7 , et al.:

Economic Facts: The Shocking Supply-Side Effects of COVID-19

uchicago.edu

0

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Becker Friedman Institute for Economics

@BeckerFriedman

3 months

Why has productivity growth lagged since the 70s, despite the rapid pace of innovation in tech & electronics? Advances have been unbalanced across sectors & have created bottlenecks. @ChicagoBooth 's Christina Patterson, @DAcemogluMIT , & @davidautor

Bottlenecks: Sectoral Imbalances and the US Productivity Slowdown | BFI

Do a quick internet search and you will find that the electronic device on which you are likely reading this Research Brief has many thousands of times more computing power than Apollo 11 back in...

bfi.uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

9 months

New research that centers the cost of slavery on enslaved people reveals that emancipation led to the single greatest annual increase in aggregate economic surplus, by far, in American history. From @ChicagoBooth 's @Rick__Hornbeck & @TrevonDLogan :

One Giant Leap: Emancipation and Aggregate Economic Gains

uchicago.edu

0

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Becker Friedman Institute for Economics

@BeckerFriedman

3 years

New Paper: Scholars from a range of institutions, including @UChi_Economics ' Michael Kremer, explore opportunities for stretching COVID-19 vaccine supplies. They find alternative dosing regimens could dramatically accelerate global vaccination. Read more:

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Becker Friedman Institute for Economics

@BeckerFriedman

6 months

We are excited to announce that @UChi_Economics ’ Michael Greenstone has been appointed the inaugural leader of UChicago’s new Climate and Energy Institute, and Erik Hurst ( @UChi_Economics ) has been appointed director of BFI!

Erik Hurst appointed director of the Becker Friedman Institute for Economics

news.uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

11 days

64% of TikTok users would be better off if the app didn't exist. TikTok users would pay $28 to have others, including themselves, delete their accounts . @UChi_Economics ' Leonardo Bursztyn, Benjamin Handel, Rafael Jiménez-Durán, & Christopher Roth.

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Becker Friedman Institute for Economics

@BeckerFriedman

4 months

Unplanned pregnancies halt women’s careers & reduce income by 20%, w/ larger effects for younger women & those in school. Planned children have minimal impact. @HarrisPolicy 's @GallenYana , @EvaRye , @gregveramendi , & Juanna Schrøter Joensen.

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Becker Friedman Institute for Economics

@BeckerFriedman

4 months

New research confirms that recessions are good for our health. The Great Recession provided 1 in 25 55-year-olds w/ an extra year of life, largely due to decreased pollution. @ChicagoBooth 's @ProfNoto , @FrankSchilbach , Jonathan Zhang, & Amy Finkelstein

Lives vs. Livelihoods: The Impact of the Great Recession on Mortality and Welfare - BFI

¹Ruhm, Christopher J, “Are Recessions Good for Your Health?” The Quarterly Journal of Economics, 2000, 115 (2), 617–650.

bfi.uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

3 months

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%.

How Much Should We Trust the Dictator’s GDP Growth Estimates? | BFI

Gross Domestic Product, GDP, is the most widely used measure of economic activity and one that is very attractive for governments to manipulate. Although the incentive to overstate economic growth is...

bfi.uchicago.edu

0

33

88

Becker Friedman Institute for Economics

@BeckerFriedman

6 months

Fewer students in Chile had access to college under Pinochet's dictatorship. They experienced higher mortality rates, worse labor market outcomes, & their children were less likely to attend college. More from @HarrisPolicy 's @LuisRMartinezA , Maria Angélica Bautista, & coauthors

Dictatorship, Higher Education and Social Mobility • Higher Educati...

uchicago.edu

1

30

88

Becker Friedman Institute for Economics

@BeckerFriedman

2 months

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%.

How Much Should We Trust the Dictator’s GDP Growth Estimates? | BFI

Gross Domestic Product, GDP, is the most widely used measure of economic activity and one that is very attractive for governments to manipulate. Although the incentive to overstate economic growth is...

bfi.uchicago.edu

0

33

86

Becker Friedman Institute for Economics

@BeckerFriedman

3 years

NEW: Research employing path-breaking AI tools measures the representation of race, gender and age in US children’s books over the last century. Explore the findings with a new interactive and brief. From @alexeble , @TeodoraSzasz & @HarrisPolicy 's @AAdukia , @EmileigHarrison :

What We Teach About Race & Gender: Representation in Children’s Books

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

2 years

A new randomized evaluation shows that a highly structured and standardized education model has the potential to substantially improve learning outcomes: @dil_uchi @owenozier @AW_Baker

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Becker Friedman Institute for Economics

@BeckerFriedman

4 months

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

0

21

76

Becker Friedman Institute for Economics

@BeckerFriedman

3 months

Fewer students in Chile had access to college under Pinochet. They experienced higher mortality, worse labor market outcomes, & their kids were less likely to go to college. @HarrisPolicy 's @LuisRMartinezA , Maria Angélica Bautista, & coauthors

Dictatorship, Higher Education and Social Mobility • Higher Education and Mortality: Legacies of an...

After its successful military coup in Chile in 1973, the dictatorial regime of Augusto Pinochet assumed control of all universities and steadily reduced public subsidies to higher education, which...

bfi.uchicago.edu

2

37

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Becker Friedman Institute for Economics

@BeckerFriedman

3 years

FINDING: Long-run exposure to Arab-Muslims causally decreases White Americans’ explicit and implicit prejudices, reduces support for the Muslim Ban, and increases altruism toward Arab countries. From @UChi_Economics Leo Bursztyn, Thomas Chaney, Tarek Hassan, @aakaash_rao :

The Immigrant Next Door: Exposure, Prejudice, and Altruism

uchicago.edu

3

23

78

Becker Friedman Institute for Economics

@BeckerFriedman

3 months

WATCH: @DAcemogluMIT discussed his new book, “Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity” and how the path of digital technology/AI can be brought under control.

Power and Progress: Our Thousand-Year Struggle Over Technology and...

One thousand years of history combined with contemporary evidence make one thing clear: progress depends on the choices we make about technology. Throughout ...

www.youtube.com

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Becker Friedman Institute for Economics

@BeckerFriedman

3 months

Fewer students in Chile had access to college under Pinochet. They experienced higher mortality, worse labor market outcomes, & their kids were less likely to go to college. @HarrisPolicy 's @LuisRMartinezA , Maria Angélica Bautista, & coauthors

Dictatorship, Higher Education and Social Mobility • Higher Education and Mortality: Legacies of an...

After its successful military coup in Chile in 1973, the dictatorial regime of Augusto Pinochet assumed control of all universities and steadily reduced public subsidies to higher education, which...

bfi.uchicago.edu

1

32

78

Becker Friedman Institute for Economics

@BeckerFriedman

4 months

CALL FOR PAPERS: The Women in Empirical Microeconomics Conference 2024 seeks to offer a platform for innovative empirical research in microeconomics. All interested researchers are invited to send submissions.

Call for Papers: Women in Empirical Microeconomics Conference 2024 | BFI

This conference seeks to offer a platform for innovative empirical research in microeconomics (including labor, public, development, and industrial organization) and to foster opportunities for...

bfi.uchicago.edu

0

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Becker Friedman Institute for Economics

@BeckerFriedman

4 months

Unplanned pregnancies halt women’s careers & reduce income by 20%, w/ larger effects for younger women & those in school. Planned children have minimal impact. @HarrisPolicy 's @GallenYana , @EvaRye , @gregveramendi , & Juanna Schrøter Joensen.

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Becker Friedman Institute for Economics

@BeckerFriedman

11 months

BRIEF: The literature assumes that replacing minimum wage jobs is easy. In reality, workers experience earnings losses for up to six years following job loss. Research from @evankrose ( @uchi_economics ) & Yotam Shem-Tov:

How Replaceable Is a Low-Wage Job?

uchicago.edu

0

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Becker Friedman Institute for Economics

@BeckerFriedman

1 year

Congratulations to @UChi_Economics ' @mdeshecon , @ChicagoBooth 's @alexoimas , and Yueran Ma on being named 2023 @SloanFoundation Research Fellows in Economics! #SloanFellow

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Becker Friedman Institute for Economics

@BeckerFriedman

3 years

Spread the word! BFI has launched a new Summer Institute aimed at expanding diversity among economics majors. The goal: To identify and support talented early-college students from a broad range of backgrounds interested in the study of economics. More Info & Application:

Expanding Diversity in Economics: A UChicago Summer Institute

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

3 years

FINDING: Upon receiving large cash payments, average productivity among poor workers increases while mistakes decline, which suggests that alleviating financial concerns can make workers more attentive and productive. New from @supKaur , @m_sendhil , @suannaoh , @FrankSchilbach :

Do Financial Concerns Make Workers Less Productive?

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

4 years

ICYMI: The negative economic shock caused by COVID-19 is similar to a supply shock that causes a reduction in aggregate demand larger than the original reduction in labor supply. New work from @VeronicaGuerri7 , @guido_lorenzoni , @ludwigstraub & @IvanWerning :

Economic Facts: The Shocking Supply-Side Effects of COVID-19

uchicago.edu

1

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Becker Friedman Institute for Economics

@BeckerFriedman

1 year

Do higher interest rates raise or lower inflation? @JohnHCochrane reviews the evidence and finds only weak support for the standard view that raising interest rates lowers inflation. Read the research:

Do Higher Interest Rates Raise or Lower Inflation?

uchicago.edu

1

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Becker Friedman Institute for Economics

@BeckerFriedman

3 months

Introducing the 2024 cohort of Price Theory Summer Camp! These 40 econ PhD students will spend one week this summer at @UChicago where they will receive intensive training on price theory through faculty lectures and Chicago-style seminars.

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Becker Friedman Institute for Economics

@BeckerFriedman

3 years

New research from @UChi_Economics ' John List suggests that human capital accumulation is fundamentally a social activity. List and co-authors explore the effects of group interactions in a series of early childhood programs delivered to low-income families.

The Social Side of Early Human Capital Formation

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

2 years

Application open! Central bankers, join @Ben_Moll & @GregWKaplan for the 2022 Master Class on Monetary and Fiscal Policy with Heterogeneity. Learn more about the four-day course taking place in London from June 7-10:

Master Class: Monetary and Fiscal Policy with Heterogeneity

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

5 months

Relative to a white driver traveling the same speed, minorities are 24 -33% more likely to be stopped for speeding and to pay 23-34% more in fines. Research @UChi_Economics ' @Econ_4_Everyone , @pradhiaggarwal , @7hoenix , @_ThomasYu & co-authors:

High-Frequency Location Data Shows That Race Affects the Likelihood of Being Stopped and Fined for...

Given news reporting in recent years, many readers are likely familiar with research which finds that, conditional on an encounter, police officers are more likely to enforce a law, conduct a search,...

bfi.uchicago.edu

1

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Becker Friedman Institute for Economics

@BeckerFriedman

4 years

New Paper: Has political partisanship affected risk perceptions of individuals during the ongoing COVID-19 pandemic? Research from @Barrios_Econ & @YaelHochberg shows political partisanship has played a significant role in risk perception and resulting differences in behavior.

Risk Perception Through the Lens of Politics in the Time of COVID-19

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

3 months

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%.

How Much Should We Trust the Dictator’s GDP Growth Estimates? | BFI

Gross Domestic Product, GDP, is the most widely used measure of economic activity and one that is very attractive for governments to manipulate. Although the incentive to overstate economic growth is...

bfi.uchicago.edu

0

26

61

Becker Friedman Institute for Economics

@BeckerFriedman

4 years

What are the advantages and limitations of using quantitative models to guide policy amid COVID-19 uncertainty? @UncertainLars offers his thoughts in a new white paper:

Using Quantitative Models to Guide Policy Amid COVID-19 Uncertainty

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

5 months

New working paper, "Difference-in-Differences in the Marketplace," by @UChi_Economics ' Casey Mulligan and Robert Minton uses the industry model from price theory to represent the statistical concepts of treatments and controls.

Difference-in-Differences in the Marketplace

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

8 months

Fewer students in Chile had access to college under Pinochet's dictatorship. They experienced higher mortality rates, worse labor market outcomes, & their children were less likely to attend college. More from @HarrisPolicy 's @LuisRMartinezA , Maria Angélica Bautista, & coauthors

Dictatorship, Higher Education and Social Mobility • Higher Educati...

uchicago.edu

0

17

57

Becker Friedman Institute for Economics

@BeckerFriedman

1 year

Today, @BeckerFriedman and @Insper are announcing a multi-year research collaboration aimed at producing new insights on economic policy issues facing Brazil and inspiring a new generation of early career researchers. Read the full announcement here:

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Becker Friedman Institute for Economics

@BeckerFriedman

4 years

How might the stress associated with poverty affect decision-making? @Noahpinion features @M_Sendhil 's research into poverty's mental toll.

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Becker Friedman Institute for Economics

@BeckerFriedman

2 months

Unplanned pregnancies halt women’s careers & reduce income by 20%, w/ larger effects for younger women & those in school. Planned children have minimal impact. @HarrisPolicy 's @GallenYana , @EvaRye , @gregveramendi , & Juanna Schrøter Joensen.

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Becker Friedman Institute for Economics

@BeckerFriedman

7 months

Interested in helping UChicago economists w/ research before applying to grad school? John List ( @Econ_4_Everyone ) is hiring full-time Research Professionals to assist w/ using field experiments to explore economic questions.

Becker Friedman Institute for Economics at the University of Chicago (BFI)

The Becker Friedman Institute for Economics (BFI) works with the Chicago Economics community to turn its evidence-based research into real-world impact. BFI takes a unique approach to bridging the...

boards.greenhouse.io

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Becker Friedman Institute for Economics

@BeckerFriedman

4 years

ICYMI: How did US households spend the $1200 stimulus payments? Using a large-scale survey of US consumers, Olivier Coibion, Yuriy Gorodnichenko & @ChicagoBooth 's Michael Weber study how the one-time transfer affected consumption:

Economic Findings: How Did US Consumers Use Their Stimulus Payments?

uchicago.edu

2

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Becker Friedman Institute for Economics

@BeckerFriedman

4 years

FACT: Lockdowns substantially lower consumer spending, decrease employment, and lower inflation expectations, but they raise unemployment rate expectations, putting additional downward pressure on aggregate demand. New analysis from Michael Weber, et al.:

Economic Facts: Cost of the COVID-19 Crisis

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

4 years

REGISTER: This year's virtual Women in Macro Conference features the work of influential economists from around the world in the field of macroeconomics. Registration is open for the virtual conference on 9/24. #WomeninMacro

2020 Women in Macro Conference

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

6 years

Watch @ChicagoBooth Professor Richard Thaler and @Harvard Professor Cass Sunstein discuss “nudging for good,” institutions as choice architects, advice for students, and more: #Uchicago

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Becker Friedman Institute for Economics

@BeckerFriedman

3 months

Why do some places have communal property rights, some private? Places where land needs to be fallowed longer are more likely to have communal property rights, historically & presently. @HarrisPolicy 's @emontero_CR , @sararlowes , Etienne Le Rossignol

Fallow Lengths and the Structure of Property Rights | BFI

bfi.uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

6 months

Recent research that centers the cost of slavery on enslaved people reveals that emancipation led to the single greatest annual increase in aggregate economic surplus, by far, in American history. From @ChicagoBooth 's @Rick__Hornbeck & @TrevonDLogan :

One Giant Leap: Emancipation and Aggregate Economic Gains

uchicago.edu

0

19

51

Becker Friedman Institute for Economics

@BeckerFriedman

1 year

Join us in welcoming the 2023-2024 Class of Saieh Family Fellows! This academic year, nine early-career economists join the Saieh Family Fellows in Economics: Ludwig Straub, Tim Ederer, @bennykleinman , @castrovincenzi , @AgathePernoud , @PaulineCarry , Yong Cai, and Molly Schnell!

Welcome to the 2023-2024 Class of Saieh Family Fellows!

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

1 year

NEW: Algorithmic audits of Facebook in the US and India find sizeable bias in the News Feed algorithm, e.g., whites are less likely shown Black friends’ posts, and Muslims are less likely shown Hindu friends’ posts. From @AmandaYAgan , Diag Davenport, @profjensludwig , @m_sendhil :

How the Context of Human Choice Affects the Extent of Algorithmic Bias

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

4 years

RELEASE: As policy to address COVID-19 continues to evolve, BFI has compiled a list of economic facts developed by @UChicago economic scholars. View the full list below and stay tuned for updates and additions as research progresses.

Key Economic Facts About COVID-19

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

2 months

. @Devin_G_Pope ( @ChicagoBooth ) uses anonymized location data from smartphones to provide a descriptive analysis of religious worship attendance in the United States. Read the research brief here:

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Becker Friedman Institute for Economics

@BeckerFriedman

7 months

Price Theory Summer Camp 2024 Applications are open! Led by UChicago economist Kevin Murphy, PTSC is an intensive summer camp created to introduce PhD students from outside the University of Chicago to price theory. Applications are due Feb. 1, 2024. More info & application:

Price Theory Summer Camp 2024 Applications Open!

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

3 years

How will climate change affect economies differently across the globe? @UChi_Economics ’ @HansbergRossi and @PrincetonEcon 's @jlcruzalv propose a dynamic economic assessment model that allows an estimate of the effects of climate change over periods of time and across space.

The Economic Geography of Global Warning

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

4 months

New working paper, "Climate Change Economics over Time and Space," from @UChi_Economics ' @HansbergRossi and @klausvanieper .

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Becker Friedman Institute for Economics

@BeckerFriedman

4 years

The economic costs of social distancing policies are easily observed, but what are the economic costs of not social distancing? Can they be measured? @AdamConover speaks to Michael Greenstone about his work measuring the value of social distancing:

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Becker Friedman Institute for Economics

@BeckerFriedman

2 years

The call for papers is open for the 2023 Women in Empirical Economics Conference! Please submit your papers on empirical micro topics (including labor, public, dev & IO) by Feb 28, 2023. Learn more:

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Becker Friedman Institute for Economics

@BeckerFriedman

3 years

Research finds long-run exposure to Arab-Muslims causally decreases White Americans’ explicit & implicit prejudices, reduces support for the Muslim Ban, and increases altruism toward Arab countries. From @UChi_Economics Leo Bursztyn, Thomas Chaney, Tarek Hassan, @aakaash_rao :

The Immigrant Next Door: Exposure, Prejudice, and Altruism

uchicago.edu

1

12

47

Becker Friedman Institute for Economics

@BeckerFriedman

3 months

. @MilenaAlmagro ( @ChicagoBooth ) presented her research “Optimal Urban Transportation Policy: Evidence from Chicago” at today’s BFI Student Lunch Series.

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Becker Friedman Institute for Economics

@BeckerFriedman

6 years

. @HeckmanEquation 's research featured in @TheEconomist : "He calculates the return on investment in high-quality birth-to-five education at between 7% and 13%." #ECE

The early years are getting increasing attention

Catching them young

www.economist.com

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Becker Friedman Institute for Economics

@BeckerFriedman

5 months

New working paper, "Optimal Urban Transportation Policy: Evidence from Chicago," from @MilenaAlmagro ( @ChicagoBooth ), @barbieri_k_f , Juan Camilo Castillo, @NathanielHickok , and @TobiasSalz .

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Becker Friedman Institute for Economics

@BeckerFriedman

15 days

Cognitive behavior therapy alone, & therapy w/ $ assistance, produce dramatic reductions in antisocial behaviors, w/ greatest impacts among high-risk men. The effects of therapy alone are smaller & more fragile. @HarrisPolicy 's @cblatts & coauthors.

Cognitive Behavior Therapy Reduces Crime and Violence Over 10 Years: Experimental Evidence | BFI

Discussions about how to best address the incidence of violent crime usually revolve around questions pertaining to policing (more cops, fewer cops, or different types of cops?) and incarceration (to...

bfi.uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

3 years

A $50 million commitment will establish @UChicago as the administrative home of the Weiss Fund for Research in Development Economics, established by CRI Foundation, Inc. to support research on issues affecting less-developed countries:

The Weiss Fund

uchicago.edu

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Becker Friedman Institute for Economics

@BeckerFriedman

11 months

Incarceration causes dips in economic activity, but limited long-run impacts. Why? Most defendants’ challenges begin before they enter prison. From @evankrose ( @uchi_economics ), @andy_garin , @dkoust , @sambnorris , @Jeff_Weaver_ , Carl McPherson, Matthew Pecenco, & Yotam Shem-Tov.

The Impact of Incarceration on Employment, Earnings, and Tax Filing

uchicago.edu

2

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Becker Friedman Institute for Economics

@BeckerFriedman

4 months

When LA introduced school choice in parts of the district, test scores and college enrollment improved. @ChicagoBooth 's @cqcampos & Caitlin Kearns

The Impact of Public School Choice: Evidence from Los Angeles’ Zones of Choice | BFI

Following his 1955 essay “The Role of Government in Education,” Milton Friedman emerged as an early advocate for school choice. Granting parents greater control over their children’s education,...

bfi.uchicago.edu

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13

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Becker Friedman Institute for Economics

@BeckerFriedman

2 months

Congratulations to our director, @ChicagoBooth 's Erik Hurst, on his election to the @americanacad ! Founded during the revolution in 1780, the Academy's membership includes such visionaries as Ben Franklin, Maria Mitchell, Charles Darwin, @johnlegend , & @george_cl_0ff . 👏👏

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Becker Friedman Institute for Economics

@BeckerFriedman

21 days

A carbon tax rebated locally can, if not too large, grow an economy by concentrating economic activity in its high-productivity, non-agricultural core & by incentivizing immigration. @UChi_Economics ' @HansbergRossi , @klausvanieper , & @brunoconteleite

On the Geographic Implications of Carbon Taxes | BFI

Carbon taxes, which are levied on the carbon emissions required to produce goods and services, are considered an optimal solution to combat climate change because they help bridge the gap between the...

bfi.uchicago.edu

0

19

45

Becker Friedman Institute for Economics

@BeckerFriedman

3 years

Calling all PhD students! BFI's Price Theory Summer Camp 2022 is now accepting applications. The camp, organized by @ChicagoBooth 's Kevin Murphy, invites students to @UChicago to learn about the application of basic economic tools to problems. 🗓July 10-14, 2022

Apply: Price Theory 2022

uchicago.edu

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14

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Becker Friedman Institute for Economics

@BeckerFriedman

4 years

FACT: 43% of US small businesses are temporarily closed. If the crisis extends beyond 4 months, many firms do not expect to remain viable. A new survey shows US small businesses are financially fragile and fear a long recession.

Economic Facts: The Impact of COVID-19 on Small Businesses

uchicago.edu

3

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Becker Friedman Institute for Economics

@BeckerFriedman

2 months

In the 1800s, mills located in counties without powerful rivers were more likely to adopt steam power, driving more rapid manufacturing growth. @UChi_Economics ' @shmhsu , @ChicagoBooth 's Richard Hornbeck & Anders Humlum; Martin Rotemberg

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Becker Friedman Institute for Economics

@BeckerFriedman

1 year

Today, @UChicago Voltage Scholars joined the Expanding Diversity in Economics cohort for a special morning session from @UChi_Econoomics ’ @Econ_4_Everyone !

1

4

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Becker Friedman Institute for Economics

@BeckerFriedman

1 year

This year's Discrimination in the 21st Century: Fostering Conversations Across Fields conference is set for May 4-5! Learn more about the event organized by @mazbertrand , @alexoimas , @conradcmiller , @veronesi_pietro , and co-hosted by BFI, @RustandyCenter .

0

13

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Becker Friedman Institute for Economics

@BeckerFriedman

3 years

Yiran Fang’s contributions to the UChicago economics community, both personally and academically, will not soon be forgotten. Together as a community, we mourn this devastating and senseless loss. BFI statement on the passing of PhD student Yiran Fan, SM’15:

In Memory of Yiran Fan

uchicago.edu

3

4

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Becker Friedman Institute for Economics

@BeckerFriedman

4 months

When China added English listening tests to their National College Entrance Exam, the gap in college attainment between urban and rural students widened. @HarrisPolicy 's Shaoda Wang, Hongbin Li, Lingsheng Meng, & Kai Mu.

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9

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Becker Friedman Institute for Economics

@BeckerFriedman

6 months

. @MFRProgram , led by @UChi_Economics ' @UncertainLars , will hold a summer session for PhD students looking to write a dissertation at the interplay of macroecon & finance. The MFR Summer Session will be held on August 5-8, 2024. More info & application:

Macro Finance Research Program (MFR) 2024 Summer Session for Young...

uchicago.edu

1

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Becker Friedman Institute for Economics

@BeckerFriedman

3 years

In a 20-year longitudinal study, @UChi_Economics Michael Kremer and co-authors examine the long-term economic impacts of deworming treatment for children in Kenya. Read the study published in @PNASNews :

Twenty-year economic impacts of deworming

pnas.org

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Becker Friedman Institute for Economics

@BeckerFriedman

1 year

NEW: Price Level and Inflation Dynamics in Heterogeneous Agent Economies Read the paper from Greg Kaplan ( @UChi_Economics ), Georgios Nikolakoudis & Giovanni L. Violante:

Price Level and Inflation Dynamics in Heterogeneous Agent Economies

uchicago.edu

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8

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Becker Friedman Institute for Economics

@BeckerFriedman

3 years

WEDNESDAY: Register for the first in a new seminar series on Violence and Crime in Latin America and the Caribbean. @HarrisPolicy 's @cblatts , @SantiagoTobon , @JGarciaG1 & @BarbaraSparrow will discuss new research on the dynamics of gang rule in Medellín.

Violence and Crime in Latin America and the Caribbean

uchicago.edu

0

14

42

Becker Friedman Institute for Economics

@BeckerFriedman

4 years

NEW: What is missed when policymakers rely on averages to determine the costs/benefits of COVID-19 health and economic policy? @GregWKaplan , @ben_moll , @glviolante offer a new framework for integrating the large differences in costs/benefits across households. Brief:

Brief: The Great Lockdown and the Big Stimulus

uchicago.edu

1

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Becker Friedman Institute for Economics

@BeckerFriedman

1 month

A carbon tax rebated locally can, if not too large, grow an economy by concentrating economic activity in its high-productivity, non-agricultural core & by incentivizing immigration. @UChi_Economics ' @HansbergRossi , @klausvanieper , & @brunoconteleite

On the Geographic Implications of Carbon Taxes | BFI

Carbon taxes, which are levied on the carbon emissions required to produce goods and services, are considered an optimal solution to combat climate change because they help bridge the gap between the...

bfi.uchicago.edu

1

18

42

Becker Friedman Institute for Economics

@BeckerFriedman

4 months

Quantitative models can improve society’s understanding of the economic impacts of climate change and provide insight into the most effective adaptation and mitigation policies globally and in specific communities, a study from @HansbergRossi shows.

Improving Models to Better Understand the Impacts Of Climate Change, And Ways to Respond

The latest climate science makes clear that climate change will have vastly different impacts depending on where you live. Areas around the poles, where few people live now because it’s too cold,...

epic.uchicago.edu

0

15

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Becker Friedman Institute for Economics

@BeckerFriedman

3 months

What do data from over 30 million trips in Chicago reveal about the optimal mix of transportation policies? Check out our new brief on research from @Chicagobooth 's @MilenaAlmagro , @barbieri_k_f , @NathanielHickok , @TobiasSalz , & Juan Camilo Castillo:

Optimal Urban Transportation Policy: Evidence from Chicago | BFI

bfi.uchicago.edu

0

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Becker Friedman Institute for Economics

@BeckerFriedman

23 days

In Chicago, welfare would be increased by charging ~$0 for public transit, increasing the frequency of trains & lowering the frequency of buses. @Chicagobooth 's @MilenaAlmagro , @barbieri_k_f , @NathanielHickok , @TobiasSalz , & Juan Camilo Castillo:

Optimal Urban Transportation Policy: Evidence from Chicago | BFI

bfi.uchicago.edu

0

11

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Becker Friedman Institute for Economics

@BeckerFriedman

1 year

The COVID-era expansion of the Child Tax Credit, which temporarily increased the amount of benefit and removed its work requirement, didn't significantly reduce labor force participation for recipients. Finding by @HarrisPolicy 's @nomadj1s , Brandon Enriquez, and Ernest Tedeschi

The Short-Term Labor Supply Response to the Expanded Child Tax Credit

uchicago.edu

2

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Becker Friedman Institute for Economics

@BeckerFriedman

10 months

VIDEO: Research from @VeronicaGuerri7 & @afogli001 finds residential segregation by income and income inequality amplify each other in American cities. Watch Guerrieri's Becker Brown Bag lecture on their findings:

The End of the American Dream? Inequality and Segregation in US Cities

uchicago.edu

0

20

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Becker Friedman Institute for Economics

@BeckerFriedman

2 months

Half of workers have used ChatGPT, w/ adoption ranging from 79% of software developers to 34% of financial advisors. Women are 20 ppts less likely to use the tool. Explore more insights from @ChicagoBooth 's @AndersPHumlum & Emilie Vestergaard:

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Becker Friedman Institute for Economics

@BeckerFriedman

2 years

Following welcoming remarks by @mdeshecon , Women in Empirical Micro kicks off its agenda with a presentation by @Claudiallende .

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6

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Becker Friedman Institute for Economics

@BeckerFriedman

5 months

BFI is pleased to announce Chang-Tai Hsieh ( @ChicagoBooth ) as the new director of BFI-China. Hsieh replaces Zhiguo He, BFI-China founding director, formerly at Chicago Booth and now at Stanford. Read more on this exciting leadership change here:

Professor Chang-Tai Hsieh to Lead UChicago’s BFI-China

uchicago.edu

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