Pascal Noel
Neubauer Family Associate Professor of Finance at the Booth School of Business, University of Chicago
Kathryn and Grant Swick Faculty Scholar at the Becker Friedman Institute for Economics, University of Chicago
Pascal Noel is an Associate Professor of Finance at the University of Chicago Booth School of Business. He joined the Chicago Booth faculty in 2017. Noel is also a Faculty Research Fellow at the National Bureau of Economic Research. From 2009 to 2011, he worked as a senior policy advisor at the White House National Economic Council focusing on housing and financial markets.
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.
Noel’s 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.
Noel 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.