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
From: Tolosa, Gelsey A.
Sent: Thursday, September 27, 2018 9:01 AM
Subject: Household Finance Seminar - Thursday, Oct 4 - Abigail Sussman
Household Finance Seminar Series
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