Household Finance Seminar Series

 

Attached is the paper Abigail will be presenting.

 

We have several meeting times available. Please click on the link below to sign-up.

Abigail Sussman_October 4_Schedule

 

Kind Regards,

Gelsey

                                                                                                                                                                                                

 

Household Finance Seminar Series

 

Abigail Sussman

Associate Professor of Marketing

The University of Chicago

Booth School of Business

 

The title of her talk will be

“Highlighting Tax Costs to Minimize Trading”

Abstract below

 

Thursday, October 4, 2018

Lunch 12:00– 12:30p.m., Seminar from 12:30 – 2:00p.m.

Buchanan 051 - Volanakis Seminar Room

 

Please click here to sign up for a meeting.                                                                                                                                                                                                                                   

 

 

Abstract: We ask whether highlighting future tax consequences can be used to counter known biases in investor behavior and whether the reaction will be the same as we would expect in response to highlighting an equivalent non-tax cost.  We observe that trading levels drop significantly when investors are notified of taxes owed prior to making an allocation change. We explore whether this reaction is likely to be general to making any cost salient or if it is likely to be specific to taxes, finding evidence consistent with a tax-specific response.  Tax sensitivity varies as a function of both nationwide attention to taxes in the US and the political affiliation of the investor. 

 

 

Save the date for future Household Finance Seminars

November 1, TBD

March 7, James Choi, Yale

April 11, John Beshears, HBS

May 9, Benjamin Keys, Wharton

Thank you and please do not hesitate to be in touch with any questions.

 

Kind Regards,

Gelsey

 

Gelsey Tolosa | Senior Academic Coordinator

309 Chase Hall, Hanover, NH 03755

603-646-1116