Michaela Pagel

Columbia University - Columbia Business School

3022 Broadway

New York, NY 10027

United States

SCHOLARLY PAPERS

17

DOWNLOADS
Rank 31,446

SSRN RANKINGS

Top 31,446

in Total Papers Downloads

3,006

SSRN CITATIONS
Rank 4,092

SSRN RANKINGS

Top 4,092

in Total Papers Citations

425

CROSSREF CITATIONS

14

Scholarly Papers (17)

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, Advanced Projects & Applied Research in FintechColumbia University - Columbia Business School, Finance, Aarhus University - Department of Finance, Columbia University - Columbia Business School and University of Chicago
Downloads 989 (42,578)
Citation 14

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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: 19 Feb 2023
Northwestern University, Kellogg School of Management, Department of Finance, Columbia University - Columbia Business School, Aarhus University - Department of Finance, Columbia University - Columbia Business School and University of Chicago
Downloads 60 (662,128)
Citation 60

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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: 66 Posted: 28 Apr 2020 Last Revised: 16 Sep 2020
Northwestern University, Kellogg School of Management, Department of Finance, Columbia University - Columbia Business School, Aarhus University - Department of Finance, Columbia University - Columbia Business School and University of Chicago
Downloads 302 (184,447)
Citation 1

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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: 66 Posted: 05 May 2020 Last Revised: 15 Jan 2023
Northwestern University, Kellogg School of Management, Department of Finance, Columbia University - Columbia Business School, Aarhus University - Department of Finance, Columbia University - Columbia Business School and University of Chicago
Downloads 78 (572,261)
Citation 30

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Gender Quotas and Support for Women in Board Elections

GMU Working Paper in Economics No. 21-04, Columbia Business School Research Paper Forthcoming
Number of pages: 49 Posted: 01 Mar 2021
The University of Melbourne, George Mason University - Department of Economics and Columbia University - Columbia Business School
Downloads 192 (287,701)

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Gender Quotas and Support for Women in Board Elections

NBER Working Paper No. w28463
Number of pages: 77 Posted: 15 Feb 2021 Last Revised: 01 Jun 2022
The University of Melbourne, George Mason University and Columbia University - Columbia Business School
Downloads 34 (842,380)
Citation 3

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The Effect of Stock Ownership on Individual Spending, Investments, and Loyalty

Columbia Business School Research Paper Forthcoming
Number of pages: 69 Posted: 26 Feb 2021 Last Revised: 02 Nov 2023
Paolina C. Medina, Vrinda Mittal and Michaela Pagel
University of Houston, University of North Carolina (UNC) at Chapel Hill - Kenan-Flagler Business School and Columbia University - Columbia Business School
Downloads 209 (266,087)

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stock ownership, individual spending, loyalty, fin-tech

The Effect of Stock Ownership on Individual Spending and Loyalty

NBER Working Paper No. w28479
Number of pages: 67 Posted: 22 Feb 2021 Last Revised: 26 Apr 2023
Paolina C. Medina, Vrinda Mittal and Michaela Pagel
University of Houston, University of North Carolina (UNC) at Chapel Hill - Kenan-Flagler Business School and Columbia University - Columbia Business School
Downloads 9 (1,091,588)

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Consumption out of Fictitious Capital Gains and Selective Inattention

Number of pages: 59 Posted: 11 May 2020 Last Revised: 04 Jan 2021
Benjamin Loos, Steffen Meyer and Michaela Pagel
UNSW, Aarhus University - Department of Finance and Columbia University - Columbia Business School
Downloads 165 (329,386)

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Inattention, 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 Last Revised: 15 May 2022
Benjamin Loos, Steffen Meyer and Michaela Pagel
UNSW, Aarhus University - Department of Finance and Columbia University - Columbia Business School
Downloads 26 (914,337)

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6.

Expectations-Based Reference-Dependent Preferences and Asset Pricing

Number of pages: 50 Posted: 22 May 2013
Michaela Pagel
Columbia University - Columbia Business School
Downloads 163 (332,958)
Citation 20

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

7.

Individual Responses to Realized Gains and Losses

Journal of Finance, Forthcoming, Columbia Business School Research Paper
Number of pages: 72 Posted: 08 Jul 2021
Steffen Meyer and Michaela Pagel
Aarhus University - Department of Finance and Columbia University - Columbia Business School
Downloads 144 (368,862)
Citation 1

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8.

Expectations-Based Reference-Dependent Life-Cycle Consumption

Number of pages: 70 Posted: 22 May 2013
Michaela Pagel
Columbia University - Columbia Business School
Downloads 125 (411,761)
Citation 42

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

9.

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: 12 Jul 2023
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 114 (440,951)
Citation 4

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10.

The Retirement-Consumption Puzzle: New Evidence from Personal Finances

NBER Working Paper No. w24405
Number of pages: 53 Posted: 09 Mar 2020 Last Revised: 09 Mar 2023
Arna Olafsson and Michaela Pagel
Copenhagen Business School and Columbia University - Columbia Business School
Downloads 81 (552,990)
Citation 3

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11.

Fully Closed: Individual Responses to Realized Gains and Losses

NBER Working Paper No. w25542
Number of pages: 48 Posted: 12 Feb 2019 Last Revised: 17 Jun 2022
Steffen Meyer and Michaela Pagel
Aarhus University - Department of Finance and Columbia University - Columbia Business School
Downloads 69 (605,342)
Citation 10

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12.

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: 18 Mar 2023
Steffen Meyer and Michaela Pagel
Aarhus University - Department of Finance and Columbia University - Columbia Business School
Downloads 59 (655,321)
Citation 1

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13.

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 Last Revised: 26 Jun 2023
Theresa Kuchler and Michaela Pagel
New York University (NYU) and Columbia University - Columbia Business School
Downloads 53 (688,923)
Citation 31

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

NBER Working Paper No. w23945
Number of pages: 61 Posted: 23 Oct 2017 Last Revised: 05 Jun 2023
Arna Olafsson and Michaela Pagel
Copenhagen Business School and Columbia University - Columbia Business School
Downloads 49 (729,648)

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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 (1,153,541)
Citation 2
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personal finance, rational inattention, Selective attention

15.

Credit Smoothing

NBER Working Paper No. w26354
Number of pages: 71 Posted: 07 Oct 2019 Last Revised: 06 Jul 2023
Sean Hundtofte, Arna Olafsson and Michaela Pagel
Solve Finance, Copenhagen Business School and Columbia University - Columbia Business School
Downloads 33 (827,299)
Citation 2

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Measurement Error in Imputed Consumption

NBER Working Paper No. w25078
Number of pages: 37 Posted: 24 Sep 2018 Last Revised: 10 Jul 2023
Northwestern University, Kellogg School of Management, Department of Finance, Swiss Finance Institute, Aarhus University - Department of Finance and Columbia University - Columbia Business School
Downloads 28 (895,214)

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Measurement Error in Imputed Consumption

Posted: 24 May 2018
Northwestern University, Kellogg School of Management, Department of Finance, Swiss Finance Institute, Columbia University - Columbia Business School and Aarhus University - Department of Finance

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Registry Data, Measurement Error, Retail Investors, Household Portfolios

17.

Does Saving Cause Borrowing?

NBER Working Paper No. w28956
Number of pages: 74 Posted: 28 Jun 2021 Last Revised: 02 Jun 2023
Paolina C. Medina and Michaela Pagel
University of Houston and Columbia University - Columbia Business School
Downloads 22 (924,359)

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