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Heritage Expert

Norbert J. Michel, Ph.D.

  • Research Fellow in Financial Regulations
The Institute for Economic Freedom and Opportunity at The Heritage Foundation

Norbert Michel studies and writes about housing finance, including the reform of Fannie Mae and Freddie Mac, as The Heritage Foundation’s research fellow in financial regulations.

Michel, working in Heritage’s Roe Institute for Economic Policy Studies,  also focuses on the best way to address difficulties at large financial companies (the “too big to fail” problem).  In addition, he researches monetary policy and other issues related to the Federal Reserve. 

Before rejoining Heritage in 2013, Michel was a tenured professor at Nicholls State University’s College of Business, teaching finance, economics and statistics at the AACSB-accredited school in Thibodaux, La. His earlier stint at Heritage was as a tax policy analyst in the think tank’s Center for Data Analysis from 2002 to 2005. 

He previously was with the global energy company Entergy, where he built a logistic regression model to help predict bankruptcies of commercial clients. His work allowed Entergy to better monitor monetary losses caused by customers’ delinquent payments. 

Michel holds a doctoral degree in financial economics from the University of New Orleans.  He received his bachelor of business administration degree in finance and economics from Loyola University.

He currently resides in Alexandria, Va.

All Publications by Norbert J. Michel, Ph.D.