Basit Zafar is a Board Member and a Research Fellow at CERP. He is currently a Professor of Economics at the University of Michigan. As an applied micro-economist, his research is focused on labor economics, the economics of education, and household finance. His research focuses on understanding how individuals make decisions under uncertainty and in the presence of social interactions. Dr Basit is an affiliated scholar at the National Bureau of Economic Research (NBER). Dr Basit’s work employs a disparate set of empirical methods and techniques including the use of subjective expectations data and experimental data. He joined the Institute of Labor Economics (IZA) as a Research Fellow in August 2012. Dr Basit holds a PhD from Northwestern University, awarded in 2008, and a BSc from the California Institute of Technology. Before joining the faculty at Michigan, he held positions at Arizona State University and the Federal Reserve Bank of New York.