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ago economics community uniting researchers from the booth school of business the kenneth c griffin department of economics the our legacy 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 pre doctoral research professionals 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 expanding discovery in economics ede brings together a diverse group of early undergraduate students to hone their research abilities and technical skills visitors fellows our team bfi employment opportunities contact network research initiatives big data initiative health economics initiative industrial organization initiative international economics and economic geography initiative macroeconomic research initiative political economics initiative price theory initiative public economics initiative ronzetti initiative for the study of labor markets socioeconomic inequalities initiative view all caret right global initiatives bfi china bfi latin america tata centre for development view all caret right programs centers development economics center expanding discovery in economics ede experimental economics program global center for economic growth growth academy gracias center for human sciences and well being macro finance research program program in behavioral economics research tmw center for early learning public health view all caret right scholars uchicago scholars visiting scholars saieh family fellows predoctoral research professionals research provider and worker responses to supply side audits in social insurance pablo a celhay nicolás figueroa carla guadalupi and benjamín oteíza social insurance often relies on third party gatekeepers to certify eligibility but planners cannot easily verify whether those certifications are accurate we study this problem in the market for medical sick leave using the universe of sick leave certificates in chile do ai assistants reinforce investor beliefs evidence from human and ai replies swaminathan balasubramaniam jorge sabat and soumyajit ray using reddit r wallstreetbets posts we compare the sentiment of ai generated replies with actual human top level replies to the same investor authored posts we find that counterfactual replies generated by a user facing ai model are systematically more bullish than human replies prompting latent human capital how early investments in parents buffer against future schooling shocks shruti jha john list rebecca c royer and anya samek do early investments in parents pay off even when treatment effects for children appear to fade out quickly we answer this question by leveraging a field experiment in which households with 3 5 year old children were randomized into a parenting program view all caret right insights research briefs beliefs and actions under government policy uncertainty evidence from student loan forgiveness the agi race and existential risk evaluating the spatial consequences of a climate tipping point view all caret right bfi data studio sticky wage norms and the real wage cost of unexpected inflation the impact of pay period reporting on improper redeterminations for medicaid problems and implications for implementation carbon prices forest conservation and reforestation in the brazilian amazon view all caret right podcasts why your raise didn t keep up with inflation but the cool kids are still online behind australia s failed social media ban cut off how us sanctions are reshaping the global payment system view all caret right videos bfi youtube channel external 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 events upcoming events oct 8 2026 ai in social science conference oct 9 fall 2026 development lunch workshop oct 12 fall 2026 behavioral economics seminar series view all caret right news bfi news media mentions press releases search search pause play frontier research global impact uchicago s hub for economic research and analysis learn more caret right latest insights the latest economic commentary from uchicago s leading scholars fellows and special guests featuring research briefs interactive charts videos podcasts and more research briefs oct 7 2026 beliefs and actions under government policy uncertainty evidence from student loan forgiveness student loan borrowers who were more optimistic that their loans would be forgiven under the plan announced in august 2022 increased their routine spending by roughly 80 per month and those who expected the covid era pause to be extended again learn more caret right research briefs sep 30 2026 the agi race and existential risk competition among firms developing artificial general intelligence can encourage them to prioritize speed over safety increasing the risk of a catastrophic outcome industry consolidation regulation facilitating commitment to slow down and governments entering the race in a safe way improves learn more caret right research briefs sep 29 2026 evaluating the spatial consequences of a climate tipping point what is the amoc the atlantic meridional overturning circulation amoc carries warm salty surface water from the subtropics toward the north atlantic where the water cools sinks and flows back south the delivery of warm water north helps keep western learn more caret right podcasts episode sep 29 2026 why your raise didn t keep up with inflation by 2024 inflation was falling and unemployment was low yet consumer confidence had sunk to levels last seen during the great recession in this episode erik hurst of chicago booth and his co author christina patterson draw on payroll records for learn more caret right view all insights subscribe to our weekly briefing newsletter arrow right latest frontier research the bfi working paper series disseminates current research in economics to encourage comments and discussion bfi working paper oct 6 2026 provider and worker responses to supply side audits in social insurance social insurance often relies on third party gatekeepers to certify eligibility but planners cannot easily verify whether those certifications are accurate we study this problem in the market for medical sick leave using the universe of sick leave certificates in chile learn more caret right bfi working paper oct 6 2026 do ai assistants reinforce investor beliefs evidence from human and ai replies using reddit r wallstreetbets posts we compare the sentiment of ai generated replies with actual human top level replies to the same investor authored posts we find that counterfactual replies generated by a user facing ai model are systematically more bullish than human replies prompting learn more caret right bfi working paper oct 6 2026 latent human capital how early investments in parents buffer against future schooling shocks do early investments in parents pay off even when treatment effects for children appear to fade out quickly we answer this question by leveraging a field experiment in which households with 3 5 year old children were randomized into a parenting program learn more caret right view all research past events oct 6 event oct 6 2026 12 00 pm saieh hall patio bfi back to campus picnic connect get involved oct 5 workshops oct 5 2026 12 00 pm charles m harper center room 3b fall 2026 behavioral economics seminar series by francesca bastianello and avner strulov shlain oct 2 academic conferences oct 2 2026 9 00 am david rubenstein forum university of chicago 2026 iog fall conference by marianne bertrand oeindrila dube torsten persson and francesco trebbi view all caret right upcoming events oct 8 academic conferences oct 8 2026 8 15 am university of chicago david rubenstein forum room 601 1201 e 60th st chicago il 60637 2026 ai in social science conference organizers anjali adukia alex imas and chenhao tan oct 9 workshops oct 9 2026 12 45 pm saieh hall for economics rm 021 5757 s university chicago il united states 60637 fall 2026 development lunch workshop organizers erin m kelley gregory lane and eduardo montero oct 12 workshops oct 12 2026 12 00 pm charles m harper center room 3b fall 2026 behavioral economics seminar series organizers francesca bastianello and avner strulov shlain view all caret right about bfi bfi serves as a hub for cutting edge analysis and research across the entire university of chicago economics community about about the becker friedman institute 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 learn more caret right about our legacy 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 learn more caret right our team university of chicago faculty members and other accomplished economists set the goals and direction of the institute learn more caret right about contact get in touch with us learn more caret right get the latest economic research from uchicago delivered to your inbox arrow right x bluesky facebook linkedin youtube about frontier research scholars bfi working papers insights news contact subscribe nondiscrimination statement accessibility 2026 becker friedman institute for economics at the university of chicago about about the becker friedman institute 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 our legacy 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 pre doctoral research professionals 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 expanding discovery in economics ede brings together a diverse group of early undergraduate students to hone their research abilities and technical skills visitors fellows our team bfi employment opportunities contact network research initiatives big data initiative health economics initiative industrial organization initiative international economics and economic geography initiative macroeconomic research initiative political economics initiative price theory initiative public economics initiative ronzetti initiative for the study of labor markets socioeconomic inequalities initiative view all caret right global initiatives bfi china bfi latin america tata centre for development view all caret right programs centers development economics center expanding discovery in economics ede experimental economics program global center for economic growth growth academy gracias center for human sciences and well being macro finance research program program in behavioral economics research tmw center for early learning public health view all caret right scholars uchicago scholars visiting scholars saieh family fellows predoctoral research professionals research provider and worker responses to supply side audits in social insurance pablo a celhay nicolás figueroa carla guadalupi and benjamín oteíza social insurance often relies on third party gatekeepers to certify eligibility but planners cannot easily verify whether those certifications are accurate we study this problem in the market for medical sick leave using the universe of sick leave certificates in chile do ai assistants reinforce investor beliefs evidence from human and ai replies swaminathan balasubramaniam jorge sabat and soumyajit ray using reddit r wallstreetbets posts we compare the sentiment of ai generated replies with actual human top level replies to the same investor authored posts we find that counterfactual replies generated by a user facing ai model are systematically more bullish than human replies prompting latent human capital how early investments in parents buffer against future schooling shocks shruti jha john list rebecca c royer and anya samek do early investments in parents pay off even when treatment effects for children appear to fade out quickly we answer this question by leveraging a field experiment in which households with 3 5 year old children were randomized into a parenting program view all caret right insights research briefs beliefs and actions under government policy uncertainty evidence from student loan forgiveness the agi race and existential risk evaluating the spatial consequences of a climate tipping point view all caret right bfi data studio sticky wage norms and the real wage cost of unexpected inflation the impact of pay period reporting on improper redeterminations for medicaid problems and implications for implementation carbon prices forest conservation and reforestation in the brazilian amazon view all caret right podcasts why your raise didn t keep up with inflation but the cool kids are still online behind australia s failed social media ban cut off how us sanctions are reshaping the global payment system view all caret right videos bfi youtube channel external 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 events upcoming events oct 8 2026 ai in social science conference oct 9 fall 2026 development lunch workshop oct 12 fall 2026 behavioral economics seminar series view all caret right news bfi news media mentions press releases search search info for scholars students media pre doctoral research professionals subscribe join our weekly briefing newsletter newsletter archive search search join the bfi mailing list stay up to date on bfi news events research and more first name last name email required join the bfi mailing list stay up to date on bfi news events research and more first name last name email required arrow left arrow right bluesky caret down caret left caret right checkmark close document 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