Michaela Pagel

Columbia University - Columbia Business School

3022 Broadway

New York, NY 10027

United States

SCHOLARLY PAPERS

13

DOWNLOADS
Rank 46,169

SSRN RANKINGS

Top 46,169

in Total Papers Downloads

1,012

SSRN CITATIONS
Rank 11,121

SSRN RANKINGS

Top 11,121

in Total Papers Citations

83

CROSSREF CITATIONS

16

Scholarly Papers (13)

How Does Household Spending Respond to an Epidemic? Consumption During the 2020 COVID-19 Pandemic

Number of pages: 36 Posted: 01 Apr 2020 Last Revised: 21 Apr 2020
Northwestern University, Kellogg School of Management, Department of Finance, Columbia Business School - Finance and Economics, , Columbia University - Columbia Business School and University of Chicago Booth School of Business
Downloads 517 (57,997)
Citation 9

Abstract:

Loading...

Consumption, Coronavirus, COVID-19, Household Finance, Transaction Data

How Does Household Spending Respond to an Epidemic? Consumption During the 2020 COVID-19 Pandemic

NBER Working Paper No. w26949
Number of pages: 35 Posted: 06 Apr 2020 Last Revised: 16 Apr 2020
Northwestern University, Kellogg School of Management, Department of Finance, Columbia University - Columbia Business School, , Columbia University - Columbia Business School and University of Chicago Booth School of Business
Downloads 10 (659,996)
Citation 11
  • Add to Cart

Abstract:

Loading...

Income, Liquidity, and the Consumption Response to the 2020 Economic Stimulus Payments

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-55
Number of pages: 52 Posted: 28 Apr 2020 Last Revised: 10 Jul 2020
Northwestern University, Kellogg School of Management, Department of Finance, Columbia University - Columbia Business School, , Columbia University - Columbia Business School and University of Chicago, Booth School of Business, Finance, Students
Downloads 124 (250,403)

Abstract:

Loading...

Consumption, COVID-19, Stimulus, MPC, Household Finance, Transaction Data

Income, Liquidity, and the Consumption Response to the 2020 Economic Stimulus Payments

NBER Working Paper No. w27097
Number of pages: 36 Posted: 05 May 2020
Northwestern University, Kellogg School of Management, Department of Finance, Columbia University - Columbia Business School, , Columbia University - Columbia Business School and University of Chicago Booth School of Business
Downloads 42 (461,987)
Citation 4

Abstract:

Loading...

3.

Expectations-Based Reference-Dependent Preferences and Asset Pricing

Number of pages: 50 Posted: 22 May 2013
Michaela Pagel
Columbia University - Columbia Business School
Downloads 94 (300,519)
Citation 12

Abstract:

Loading...

Expectations-based reference-dependent preferences, asset pricing, equity premium puzzle, predictability

4.

Expectations-Based Reference-Dependent Life-Cycle Consumption

Number of pages: 70 Posted: 22 May 2013
Michaela Pagel
Columbia University - Columbia Business School
Downloads 89 (311,059)
Citation 20

Abstract:

Loading...

Expectations-based reference-dependent preferences, life-cycle consumption, excess smoothness, excess sensitivity

5.

Fintech Adoption Across Generations: Financial Fitness in the Information Age

NBER Working Paper No. w23798
Number of pages: 44 Posted: 11 Sep 2017 Last Revised: 21 Sep 2017
Bruce I. Carlin, Arna Olafsson and Michaela Pagel
University of California, Los Angeles (UCLA) - Anderson School of Management, Copenhagen Business School and Columbia University - Columbia Business School
Downloads 31 (502,553)
Citation 2

Abstract:

Loading...

The Consumption Effects of the Disposition to Sell Winners and Hold Losers

Number of pages: 60 Posted: 11 May 2020
Benjamin Loos, Steffen Meyer and Michaela Pagel
Technische Universität München (TUM) - TUM School of Management, and Columbia University - Columbia Business School
Downloads 27 (539,029)

Abstract:

Loading...

Disposition Effect, Consumption Out of Stock Market Wealth

The Consumption Effects of the Disposition to Sell Winners and Hold Losers

NBER Working Paper No. w26668
Number of pages: 58 Posted: 22 Jan 2020
Benjamin Loos, Steffen Meyer and Michaela Pagel
Technische Universität München (TUM) - TUM School of Management, and Columbia University - Columbia Business School
Downloads 3 (716,504)
  • Add to Cart

Abstract:

Loading...

The Retirement-Consumption Puzzle: New Evidence from Personal Finances

NBER Working Paper No. w24405
Number of pages: 53 Posted: 07 Nov 2019
Arna Olafsson and Michaela Pagel
Copenhagen Business School and Columbia University - Columbia Business School
Downloads 22 (572,294)

Abstract:

Loading...

The Retirement-Consumption Puzzle: New Evidence from Personal Finances

NBER Working Paper No. w24405
Number of pages: 53 Posted: 09 Mar 2020
Arna Olafsson and Michaela Pagel
Copenhagen Business School and Columbia University - Columbia Business School
Downloads 4 (707,274)
Citation 1

Abstract:

Loading...

8.

Fresh Air Eases Work – the Effect of Air Quality on Individual Investor Activity

NBER Working Paper No. w24048
Number of pages: 31 Posted: 28 Nov 2017 Last Revised: 05 Dec 2017
Steffen Meyer and Michaela Pagel
and Columbia University - Columbia Business School
Downloads 12 (620,039)
Citation 1

Abstract:

Loading...

9.

Credit Smoothing

NBER Working Paper No. w26354
Number of pages: 71 Posted: 07 Oct 2019
Sean Hundtofte, Arna Olafsson and Michaela Pagel
Federal Reserve Bank of New York, Copenhagen Business School and Columbia University - Columbia Business School
Downloads 10 (633,825)
  • Add to Cart

Abstract:

Loading...

10.

Fully Closed: Individual Responses to Realized Gains and Losses

NBER Working Paper No. w25542
Number of pages: 48 Posted: 12 Feb 2019
Steffen Meyer and Michaela Pagel
and Columbia University - Columbia Business School
Downloads 9 (640,901)
Citation 1
  • Add to Cart

Abstract:

Loading...

The Ostrich in Us: Selective Attention to Financial Accounts, Income, Spending, and Liquidity

NBER Working Paper No. w23945
Number of pages: 47 Posted: 23 Oct 2017 Last Revised: 01 Nov 2017
Arna Olafsson and Michaela Pagel
Copenhagen Business School and Columbia University - Columbia Business School
Downloads 7 (683,212)

Abstract:

Loading...

The Ostrich in Us: Selective Attention to Financial Accounts, Income, Spending, and Liquidity

CEPR Discussion Paper No. DP12259
Number of pages: 48 Posted: 11 Sep 2017
Arna Olafsson and Michaela Pagel
Copenhagen Business School and Columbia University - Columbia Business School
Downloads 2 (728,094)
Citation 4
  • Add to Cart

Abstract:

Loading...

personal finance, rational inattention, Selective attention

12.

Sticking to Your Plan: The Role of Present Bias for Credit Card Paydown

NBER Working Paper No. w24881
Number of pages: 62 Posted: 06 Aug 2018
Theresa Kuchler and Michaela Pagel
New York University (NYU) and Columbia University - Columbia Business School
Downloads 7 (655,270)
Citation 3

Abstract:

Loading...

13.
Downloads 2 (695,756)
Citation 1

Measurement Error in Imputed Consumption

NBER Working Paper No. w25078
Number of pages: 37 Posted: 24 Sep 2018
Northwestern University, Kellogg School of Management, Department of Finance, University of Lugano - Faculty of Economics, and Columbia University - Columbia Business School
Downloads 2 (728,017)
Citation 1
  • Add to Cart

Abstract:

Loading...

Measurement Error in Imputed Consumption

Posted: 24 May 2018
Northwestern University, Kellogg School of Management, Department of Finance, University of Lugano - Faculty of Economics, Columbia University - Columbia Business School and

Abstract:

Loading...

Registry Data, Measurement Error, Retail Investors, Household Portfolios