Nicholas S. Souleles

Nicholas S. Souleles is the Michael L. Tarnopol Professor of Finance at The Wharton School, University of Pennsylvania. He has been on the Wharton faculty since 1995, holding various named professorships including the Michael L. Tarnopol Professorship since 2008. He also maintains affiliations with the National Bureau of Economic Research since 2001 and serves as a Visiting Scholar at the Federal Reserve Bank of Philadelphia since 2002.

He received his PhD from Massachusetts Institute of Technology in 1995, BA from University of Oxford in 1991, and BSE from Princeton University in 1988. His research focuses on household finance, consumer credit, macroeconomics, and applied econometrics, with particular emphasis on how households respond to tax policy changes, housing decisions, and credit market dynamics.

Analysis of Souleles' publications reveals a consistent research trajectory examining how households make financial decisions under various economic conditions. His work frequently employs unique datasets, particularly credit card and consumer expenditure data, to investigate consumption smoothing, liquidity constraints, and household responses to fiscal policy. His research spans theoretical modeling and empirical analysis, with applications in both academic and policy contexts.

• Christian R. and Mary F. Lindback Teaching Award (University of Pennsylvania), 2006
• David W. Hauck Undergraduate Teaching Award (Wharton), 2004
• Marc and Sheri Rapaport Undergraduate Core Teaching Award (Wharton), 1997, 2003, 2007, 2011
• Undergraduate Excellence in Teaching Award (Wharton), 2004, 2005, 2008
• MBA Core Curriculum Teaching Award, 1998, 1999, 2000

Souleles has supervised numerous doctoral students and collaborated extensively with other leading economists. He co-directs the NBER Working Group on Household Finance since 2009 and serves as co-editor of the SSRN Household Finance eJournal since 2010. His research has informed policy discussions on fiscal stimulus, consumer credit regulation, and housing market dynamics.