Nick Pretnar

Carnegie Mellon University, Tepper School of Business
Economics PhD Candidate

I am a classically-trained economist whose research focuses on household finance. Specifically, I research how behavioral phenomena and aggregate economic trends influence consumption and savings decisions. I am funded by a National Science Foundation Graduate Research Fellowship as well as a grant from the PNC Center for Financial Services at the Tepper School of Business. My work in aggregate economics deals with long-run growth and home production in the American economy. Additionally, I use transaction-level microeconomic data to better understand the tradeoffs individual consumers face when making expenditure and savings decisions.

I am currently on the job market as a junior faculty candidate targeting select positions that value interdisciplinary research.

Job Market Papers

"A Structural Model of Mental Accounting" (joint with Alan Montgomery and Christopher Olivola) Working Paper (2019) | PDF

"Home Production with Time to Consume" (joint with Bill Bednar) Working Paper (2019)
PDF | Online Appendix

Non-Refereed Publications

"Who Will Care for All the Old People?"" (joint with Finn Kydland) VoxEU in: Live Long and Prosper? The Economics of Ageing Populations (2019) | PDF

npretnar [at] | CV

"The Costs and Benefits of Caring: Aggregate Burdens of an Aging Population" (joint with Finn Kydland) NBER Working Paper #25498 (2019) | PDF
Press: Benefits Pro

"Durables, Non-Durables, and a Structural Test of Fungibility" (joint with Alan Montgomery and Christopher Olivola) Working Paper (2018) | PDF

"Explaining the Credit Card Debt Puzzle with Heterogeneous Liquidity Fungibility"

"Estimating Dynamic Mental Accounting Beliefs Using Financial Dashboard Data" (joint with Chuck Howard and Marcel Lukas)

"Accounting for Durable Consumption to Solve the Equity Premium Puzzle" (joint with Bill Bednar)

"Optimal Solar Panel Coverage and Political Beliefs Behind Household Electricity Demand" (joint with Kannan Srinivasan)

"Endogenous Growth Under Intergenerational Home Production" (joint with Finn Kydland)

Business Calculus for MBA's, Tepper School of Business | Spring 2017, Summer 2017, Spring 2018, Summer 2018, Spring 2019, Summer 2019

MBA Math Camp, Tepper School of Business | Fall 2017, Fall 2018, Fall 2019