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Scott Weisbenner

Associate Professor of Finance and James F. Towey Faculty Fellowship

Education

Ph.D. Economics, Massachusetts Institute of Technology, 1999.
B.A. Economics, University of Wisconsin, 1995.

Positions

Faculty Research Fellow, National Bureau of Economic Research, 2002 - 2009
Associate Professor of Finance, Univeristy of Illinois, 2007 - 2009
James F. Towey Faculty Fellow, University of Illinois at Urbana-Champaign, 2009
Economist, Federal Reserve Board of Governors, 1999 - 2000

Research Interests

401 Ks and other corporate retirement programs, stock-based employee compensation, corporate dividend and share repurchase strategies, investment strategies, estate taxes

Research

Journal Articles

"The Effect of Inheritance Receipt on Retirement Decisions." J. Brown, C. Coile, S. Weisbenner, Review of Economics and Statistics, 2009


"Neighbors Matter: Causal Community Effects and Stock Market Participation." J. Brown, Z. Ivkovich, P. Smith, S. Weisbenner, Journal of Finance, June: 3 1509-1531 2008


"Information Diffusion Effects in Individual Investors' Common Stock Purchases: Covet Thy Neighbors' Investment Choices." Z. Ivkovich, S. Weisbenner, Review of Financial Studies, (20) July: 1327-1357 2007


"Portfolio Concentration and the Performance of Individual Investors ." Z. Ivkovich, C. Sialm, S. Weisbenner, Journal of Financial and Quantitative Analysis, 2007


"Individual Account Investment Options and Portfolio Choice: Behaviorial Lessons from 401 (k) Plans.." J. Brown, N. Liang, S. Weisbenner, Journal of Public Economics, (91) November: 10 1992-2013 2007


"Executive Financial Incentives and Payout Policy: Evidence from the 2003 Dividend Tax Cut." J. Brown, N. Liang, S. Weisbenner, Journal of Finance, (62) August: 4 1935-1965 2007


"401(k) Matching Contributions in Company Stock: Costs and Benefits for Firms and Workers." J. Brown, N. Liang, S. Weisbenner, Journal of Public Economics, (90) August: 1315-1346 2006


"Local Does as Local Is: Information Content of the Geography of Individual Investors' Common Stock Investments." Z. Ivkovich, S. Weisbenner, Journal of Finance, (60) 1 267-306 2005


"Tax-Motivated Trading by Individual Investors." Z. Ivkovich, J. Poterba, S. Weisbenner, The American Economic Review, (95) 5 1605-1630 2005


"Inter-Asset Differences in Effective Estate Tax Burdens." S. Weisbenner, J. Poterba, The American Economic Review, (93) May: 2 360-365 2003


"Do Pension Plans with Participant Investment Choice Teach Households to Hold More Equity?." S. Weisbenner, Journal of Pension Economics and Finance, (1) November: 3 223-248 2002


"Capital Gains Tax Rules, Tax-Loss Trading, and Turn-of-the Year Returns." S. Weisbenner, J. Poterba, Journal of Finance, (56) February: 1 353-368 2001

Chapters in Books

"The Distributional Burden of Taxing Estates and Unrealized Capital Gains at Death." S. Weisbenner, J. Poterba, 422-449 In Rethinking Estate and Gift Taxation, (Eds: William G. Gale, James R. Hines, and Joel Slemrod), Brookings Institution, 2001

Honors and Awards


National Science Foundation Fellowship , 1995-1999


Pre-Doctoral Fellow in Aging and Health Economics, NBER & National Institute on Aging , 1997-1998


Phi Beta Kappa , 1994


2nd place, Chicago Quantitative Alliance Conference Academic Competition , 2004


Winner, Jacob K. Javits Fellowship , 1995


BSI Gamma Foundation Research Award (1 of 12 selected) , 2005

 

Contact Information
340 Wohlers Hall
1206 South Sixth Street
Champaign IL 61820

(217) 333-0872
weisbenn@illinois.edu

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