Becker Friedman Institute for Economics
@BeckerFriedman
The Becker Friedman Institute @UChicago supports inquiry on significant economic and policy questions. RT/Follow ≠ endorsement.
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http://bfi.uchicago.edu 22-11-2011 18:14:45
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New working paper, 'The Provision of Information and Incentives in School Assignment Mechanisms,' from UChicago Economics' Derek Neal and Joseph Root. ow.ly/etpC50RsXbi
New working paper, 'Gaining Steam: Incumbent Lock-in and Entrant Leapfrogging,' from Chicago Booth's Richard Hornbeck, Anders Humlum, Shanon Hsuan-Ming Hsu, and Martin Rotemberg. ow.ly/MQAr50RsPZt
NEW PODCAST: American cities are overreliant on cars.
In this episode of The Pie, Milena Almagro (@Chicago Booth), shares her home-hitting research in Chicago showing the optimal mix of policies for cities dealing with transit issues. ow.ly/GsZy50RsxAr
New working paper, 'New Gig Work or Changes in Reporting? Understanding Self-Employment Trends in Tax Data,' from Dmitri Koustas (@HarrisPolicy), Andrew Garin, and Emilie Jackson. ow.ly/g3AL50RsEsk
New working paper, 'The Evolution of Black-White Differences in Occupational Mobility Across Post-Civil War America,' by Steven Durlauf (Harris Policy), Gueyon Kim, Dohyeon Lee, and Xi Song. ow.ly/h9of50Rrl57
Firms do not typically update their discount rates when inflation expectations change. As a result, expected inflation raises real investment by lowering the real required return to capital.
Chicago Booth's Kilian Huber, Niels J. Gormsen, & Masao Fukui
ow.ly/ncB750RjtBX
While many households know about inflation's erosive effect on nominal assets, most are unaware of its impacts on nominal debt & increase consumption once they learn about it.
Chicago Booth's Michael Weber, Philip Schnorpfeil, & Andreas Hackethal:
ow.ly/Akcn50RejP7
Startups backed by venture capitalists (vs. banks) have more promising growth & innovation prospects than other startups.
UChicago Economics' Ufuk Akcigit, Emin Dinlersoz, Jeremy Greenwood, & Veronika Penciakova.
ow.ly/TUOG50R2iMo
Amenities change as neighborhoods gentrify. Different demographic groups tend to prefer different types of amenities, & businesses respond by expanding amenities in neighborhoods w/ greater demand.
@Chicagobooth's Milena Almagro & Tomás Domínguez-Iino
ow.ly/BAM750Rp8JG
VIDEO: Chicago Booth's Milena Almagro quantifies the impact of different transportation policies and applies her approach to the City of Chicago. Almagro shares her results as well as makes suggestions for public transit policies to offset these costs. ow.ly/Fono50Rp7Rx
Congratulations to our Director, Erik Hurst and Amir Sufi (both Chicago Booth) on their election to the American Academy of Arts & Sciences!
The Academy was founded in 1780 to help a young nation face its challenges through shared purpose, knowledge, and ideas.
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 Chicago Booth's Anders Humlum & Emilie Vestergaard:
ow.ly/8E8Q50Ro4jm
Congratulations to our director, Chicago Booth's Erik Hurst, on his election to the American Academy of Arts & Sciences!
Founded during the revolution in 1780, the Academy's membership includes such visionaries as Ben Franklin, Maria Mitchell, Charles Darwin, John Legend, & George Clooney.
👏👏
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 Chicago Booth's Anders Humlum & Emilie Vestergaard:
ow.ly/8E8Q50Ro4jm
Academic achievement & socioeconomic status predict future criminal justice involvement, but improving schools & neighborhoods alone isn't sufficient to eliminate racial disparities.
ow.ly/kTvT50RnwXq
Derek Neal (UChicago Economics), Ezra Karger, & Andrew Jordan