Pascal Noel

Biography

Pascal Noel is an Associate Professor of Finance at the University of Chicago Booth School of Business. He is also a Faculty Research Fellow at the National Bureau of Economic Research. His research interests include household finance, public finance, macroeconomics, real estate, labor, and behavioral economics. His research uses microeconomic administrative data and natural experiment-based empirical strategies to uncover how households make financial decisions. He then examines the implications of this consumer financial behavior for structural models of household decision-making, the design of public policy, and the evolution of the macroeconomy.

His research was awarded the TIAA Paul A. Samuelson Award for outstanding scholarly writing on lifelong financial security, the AQR Top Finance Graduate Award, and the David A. Wells Prize for best economics dissertation at Harvard. It has been covered by media outlets such as the New York Times, the Wall Street Journal, the Washington Post, Bloomberg, and NPR.

He earned a Ph.D. in Economics from Harvard University, an M.Sc. in Economics from the London School of Economics, and a B.A. in Economics and in Ethics, Politics, and Economics (summa cum laude) from Yale College. From 2009 to 2011, he worked as a senior policy advisor at the White House National Economic Council focusing on housing and financial markets. He joined the Chicago Booth faculty in 2017.

Academic Areas

• Finance