Scott J. Weisbenner

University of Illinois at Urbana-Champaign - Department of Finance

340 Wohlers Hall, MC-706

1206 S. Sixth Street

Champaign, IL 61820

United States

http://business.illinois.edu/weisbenn/

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

32

DOWNLOADS
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Top 3,470

in Total Papers Downloads

9,225

CITATIONS
Rank 1,123

SSRN RANKINGS

Top 1,123

in Total Papers Citations

485

Scholarly Papers (32)

Portfolio Concentration and the Performance of Individual Investors

AFA 2006 Boston Meetings, Journal of Financial and Quantitative Analysis, Forthcoming
Number of pages: 60 Posted: 07 Mar 2005
Zoran Ivkovich, Clemens Sialm and Scott J. Weisbenner
Michigan State University, Department of Finance, University of Texas at Austin - McCombs School of Business and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 1,645 (7,843)
Citation 15

Abstract:

Portfolio choice, concentration, diversification

Portfolio Concentration and the Performance of Individual Investors

NBER Working Paper No. w10675
Number of pages: 52 Posted: 02 Sep 2004 Last Revised: 03 Sep 2010
Zoran Ivkovich, Clemens Sialm and Scott J. Weisbenner
Michigan State University, Department of Finance, University of Texas at Austin - McCombs School of Business and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 51 (335,689)
Citation 15

Abstract:

2.

Corporate Share Repurchases in the 1990s: What Role Do Stock Options Play?

AFA 2002 Atlanta Meetings; FEDS Working Paper No. 2000-29
Number of pages: 43 Posted: 17 Aug 2000
Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance
Downloads 1,646 (7,005)
Citation 50

Abstract:

Share Repurchase, Stock Option, Payout Policy

Corporate Debt Maturity and the Real Effects of the 2007 Credit Crisis

Number of pages: 50 Posted: 17 May 2009 Last Revised: 15 Sep 2011
University of Illinois at Urbana-Champaign, Cornell University, University of Illinois at Urbana-Champaign and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 774 (25,249)
Citation 62

Abstract:

Financial crisis, debt maturity, matching estimators, investment spending, financing constraints

Corporate Debt Maturity and the Real Effects of the 2007 Credit Crisis

NBER Working Paper No. w14990
Number of pages: 36 Posted: 26 May 2009
University of Illinois at Urbana-Champaign, Cornell University, University of Illinois at Urbana-Champaign and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 115 (205,651)
Citation 62

Abstract:

Executive Financial Incentives and Payout Policy: Firm Responses to the 2003 Dividend Tax Cut

AFA 2006 Boston Meetings Paper, FEDS Working Paper No. 2006-14
Number of pages: 65 Posted: 15 Dec 2004
Jeffrey R. Brown, Nellie Liang and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance, Federal Reserve Board and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 466 (49,640)
Citation 49

Abstract:

Payout policy, Dividends, Share Repurchases, Executive Ownership

Executive Financial Incentives and Payout Policy: Firm Responses to the 2003 Dividend Tax Cut

NBER Working Paper No. w11002
Number of pages: 44 Posted: 20 Jul 2006 Last Revised: 26 Jul 2010
Jeffrey R. Brown, Nellie Liang and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance, Federal Reserve Board and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 55 (323,574)
Citation 49

Abstract:

5.

Who Benefits from a Bull Market? An Analysis of Employee Stock Option Grants and Stock Prices

FEDS Working Paper No. 2001-57
Number of pages: 43 Posted: 17 Aug 2001
Nellie Liang and Scott J. Weisbenner
Federal Reserve Board and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 437 (52,879)
Citation 5

Abstract:

Employee stock options, pay-for-performance, executive compensation

Local Does as Local Is: Information Content of the Geography of Individual Investors' Common Stock Investments

Number of pages: 53 Posted: 14 Feb 2003
Zoran Ivkovich and Scott J. Weisbenner
Michigan State University, Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 378 (64,136)
Citation 31

Abstract:

Local Bias, Individual Investors, Informational Asymmetry, Information Diffusion

Local Does as Local is: Information Content of the Geography of Individual Investors' Common Stock Investments

NBER Working Paper No. w9685
Number of pages: 48 Posted: 16 May 2003
Zoran Ivkovich and Scott J. Weisbenner
Michigan State University, Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 41 (368,683)
Citation 31

Abstract:

Individual Account Investment Options and Portfolio Choice: Behavioral Lessons from 401(k) Plans

Number of pages: 38 Posted: 15 Dec 2004
Jeffrey R. Brown and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 321 (77,734)
Citation 22

Abstract:

Pension, Social Security, portfolio, 401(k), inertia

Individual Account Investment Options and Portfolio Choice: Behavioral Lessons from 401(K) Plans

NBER Working Paper No. w13169
Number of pages: 44 Posted: 27 Jun 2007
Jeffrey R. Brown, Nellie Liang and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance, Federal Reserve Board and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 84 (255,447)
Citation 22

Abstract:

8.

'Old' Money Matters: The Sensitivity of Mutual Fund Redemption Decisions to Past Performance

EFA 2006 Zurich Meetings Paper
Number of pages: 43 Posted: 22 May 2006
Zoran Ivkovich and Scott J. Weisbenner
Michigan State University, Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 383 (53,462)

Abstract:

Mutual fund flows, Individual investor portfolio choice, Capital gains lock-in, Behavioral finance

Investor Behavior and the Purchase of Company Stock in 401(k) Plans - The Importance of Plan Design

FEDS Working Paper No. FEDS2002-36; AFA 2003 Washington, DC Meetings
Number of pages: 47 Posted: 20 Oct 2002
Nellie Liang and Scott J. Weisbenner
Federal Reserve Board and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 310 (80,793)
Citation 31

Abstract:

401(k) plan, company stock, behavioral finance, inertia, portfolio choice

Investor Behavior and the Purchase of Company Stock in 401(K) Plans - the Importance of Plan Design

NBER Working Paper No. w9131
Number of pages: 64 Posted: 30 Aug 2002
Nellie Liang and Scott J. Weisbenner
Federal Reserve Board and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 69 (287,294)
Citation 31

Abstract:

401(k) Matching Contributions in Company Stock: Costs and Benefits for Firms and Workers

Number of pages: 55 Posted: 30 Mar 2004
Jeffrey R. Brown, Nellie Liang and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance, Federal Reserve Board and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 192 (133,117)
Citation 14

Abstract:

Pension, 401(k) plan, ESOP, company stock, match policy

401(K) Matching Contributions in Company Stock: Costs and Benefits for Firms and Workers

NBER Working Paper No. w10419
Number of pages: 56 Posted: 21 Apr 2004
Jeffrey R. Brown, Nellie Liang and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance, Federal Reserve Board and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 85 (253,535)
Citation 14

Abstract:

The Geography of Stock Market Participation: The Influence of Communities and Local Firms

Number of pages: 45 Posted: 28 Dec 2003
Paul A. Smith, Jeffrey R. Brown, Zoran Ivkovich and Scott J. Weisbenner
Federal Reserve Board of Governors, University of Illinois at Urbana-Champaign - Department of Finance, Michigan State University, Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 215 (119,419)
Citation 2

Abstract:

Stock Market Participation, Neighborhood Effects, Peer Effects, Locality, Social Interaction

The Geography of Stock Market Participation: The Influence of Communities and Local Firms

NBER Working Paper No. w10235
Number of pages: 45 Posted: 28 Jan 2004
Jeffrey R. Brown, Paul A. Smith, Zoran Ivkovich and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance, Federal Reserve Board of Governors, Michigan State University, Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 37 (383,717)
Citation 2

Abstract:

Capital Gains Lock-In and Governance Choices

Number of pages: 57 Posted: 10 Jul 2013 Last Revised: 17 Nov 2016
Nanyang Technological University - Division of Finance, University of Kentucky - Finance, Michigan State University, Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 202 (126,867)

Abstract:

Mutual fund, Proxy voting, Corporate governance, Capital-gains tax, Lock-in effect

Capital Gains Lock-In and Governance Choices

NBER Working Paper No. w20176
Number of pages: 51 Posted: 02 Jun 2014
Nanyang Technological University - Division of Finance, University of Kentucky - Finance, Michigan State University, Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 11 (519,928)

Abstract:

13.

Do Pension Plans with Participant Investment Choice Teach Households to Hold More Equity?

FEDS Working Paper No. 99-61
Number of pages: 37 Posted: 24 Jun 2000
Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance
Downloads 196 (125,961)
Citation 10

Abstract:

Neighbors Matter: Causal Community Effects and Stock Market Participation

Number of pages: 30 Posted: 03 Mar 2007
Paul A. Smith, Jeffrey R. Brown, Zoran Ivkovich and Scott J. Weisbenner
Federal Reserve Board of Governors, University of Illinois at Urbana-Champaign - Department of Finance, Michigan State University, Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 153 (163,324)
Citation 48

Abstract:

community effects, stock ownership

Neighbors Matter: Causal Community Effects and Stock Market Participation

NBER Working Paper No. w13168
Number of pages: 31 Posted: 27 Jun 2007
Paul A. Smith, Jeffrey R. Brown, Zoran Ivkovich and Scott J. Weisbenner
Federal Reserve Board of Governors, University of Illinois at Urbana-Champaign - Department of Finance, Michigan State University, Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 32 (404,320)
Citation 48

Abstract:

15.

Neighbors Matter: The Geography of Stock Market Participation

Number of pages: 44 Posted: 26 Feb 2005
Jeffrey R. Brown, Paul A. Smith, Zoran Ivkovich and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance, Federal Reserve Board of Governors, Michigan State University, Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 155 (145,122)
Citation 1

Abstract:

community effect, peer effect, stock market participation

Inter-Asset Differences in Effective Estate Tax Burdens

MIT Department of Economics Working Paper No. 03-08
Number of pages: 15 Posted: 17 Feb 2003
James M. Poterba and Scott J. Weisbenner
Massachusetts Institute of Technology (MIT) - Department of Economics and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 111 (211,074)
Citation 2

Abstract:

Estate Taxation, Bequests, Tax Avoidance

Inter-Asset Differences in Effective Estate Tax Burdens

NBER Working Paper No. W9456
Number of pages: 14 Posted: 30 Jan 2003
James M. Poterba and Scott J. Weisbenner
Massachusetts Institute of Technology (MIT) - Department of Economics and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 28 (422,961)
Citation 2

Abstract:

17.
Downloads 113 (207,431)
Citation 8

The Effect of Inheritance Receipt on Retirement

Number of pages: 31 Posted: 17 Jul 2006
Jeffrey R. Brown, Courtney Coile and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance, Wellesley College and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 79 (265,372)
Citation 8

Abstract:

Retirement, inheritance, labor supply, wealth, wealth effect, bequest

The Effect of Inheritance Receipt on Retirement

NBER Working Paper No. w12386
Number of pages: 32 Posted: 03 Aug 2006
Jeffrey R. Brown, Courtney Coile and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance, Wellesley College and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 34 (395,897)
Citation 8

Abstract:

Information Diffusion Effects in Individual Investors' Common Stock Purchases: Covet Thy Neighbors' Investment Choices

NBER Working Paper No. w10436
Number of pages: 52 Posted: 04 May 2004
Zoran Ivkovich and Scott J. Weisbenner
Michigan State University, Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 49 (342,012)
Citation 4

Abstract:

Information Diffusion Effects in Individual Investors' Common Stock Purchases Covet Thy Neighbors' Investment Choices

NBER Working Paper No. w13201
Number of pages: 51 Posted: 03 Jul 2007 Last Revised: 29 Jul 2010
Zoran Ivkovich and Scott J. Weisbenner
Michigan State University, Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 37 (383,717)
Citation 4

Abstract:

19.

How University Endowments Respond to Financial Market Shocks: Evidence and Implications

NBER Working Paper No. w15861
Number of pages: 44 Posted: 05 Apr 2010
University of Illinois at Urbana-Champaign - Department of Finance, Nanyang Technological University - Division of Finance, Nanyang Technological University (NTU) - Nanyang Business School and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 82 (226,185)
Citation 5

Abstract:

20.

Who Chooses Defined Contribution Plans?

NBER Working Paper No. w12842
Number of pages: 36 Posted: 20 Jan 2007 Last Revised: 05 Aug 2010
Jeffrey R. Brown and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 55 (318,915)
Citation 6

Abstract:

The In-State Equity Bias of State Pension Plans

Number of pages: 46 Posted: 08 Mar 2015
Jeffrey R. Brown, Joshua Matthew Pollet and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance, University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 45 (354,804)

Abstract:

Public Pensions, Portfolio Choice, Local Bias, Campaign Contributions

The In-State Equity Bias of State Pension Plans

NBER Working Paper No. w21020
Number of pages: 47 Posted: 16 Mar 2015
Jeffrey R. Brown, Joshua Matthew Pollet and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance, University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 9 (531,056)
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Abstract:

22.

Local Dividend Clienteles

NBER Working Paper No. w15175
Number of pages: 53 Posted: 28 Jul 2009
Bo Becker, Zoran Ivkovich and Scott J. Weisbenner
Stockholm School of Economics, Michigan State University, Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 50 (244,225)
Citation 23

Abstract:

23.

Individual Investor Mutual-Fund Flows

NBER Working Paper No. w14583
Number of pages: 32 Posted: 29 Dec 2008
Zoran Ivkovich and Scott J. Weisbenner
Michigan State University, Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 50 (318,915)
Citation 6

Abstract:

24.

Tax-Motivated Trading by Individual Investors

NBER Working Paper No. w10275
Number of pages: 54 Posted: 09 Feb 2004
Zoran Ivkovich, James M. Poterba and Scott J. Weisbenner
Michigan State University, Department of Finance, Massachusetts Institute of Technology (MIT) - Department of Economics and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 47 (342,364)
Citation 15

Abstract:

25.

The Distributional Burden of Taxing Estates and Unrealized Capital Gains at the Time of Death

NBER Working Paper No. w7811
Number of pages: 41 Posted: 26 Jul 2000
James M. Poterba and Scott J. Weisbenner
Massachusetts Institute of Technology (MIT) - Department of Economics and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 45 (336,385)
Citation 16

Abstract:

26.

Is a Bird in Hand Worth More than a Bird in the Bush? Intergenerational Transfers and Savings Behavior

NBER Working Paper No. w8753
Number of pages: 43 Posted: 02 Feb 2002
Jeffrey R. Brown and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 37 (333,401)
Citation 5

Abstract:

Decision-Making Approaches and the Propensity to Default: Evidence and Implications

Number of pages: 42 Posted: 03 Feb 2015 Last Revised: 04 Feb 2015
Jeffrey R. Brown, Anne M. Farrell and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance, Miami University Farmer School of Business - Department of Accountancy and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 28 (422,961)

Abstract:

Default options, automatic enrollment, pensions, decision making

Decision-Making Approaches and the Propensity to Default: Evidence and Implications

NBER Working Paper No. w20949
Number of pages: 43 Posted: 16 Feb 2015
Jeffrey R. Brown, Anne M. Farrell and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance, Miami University Farmer School of Business - Department of Accountancy and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 3 (563,376)
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Abstract:

28.

Capital Gains Tax Rules, Tax Loss Trading and Turn-of-The-Year Returns

NBER Working Paper No. w6616
Number of pages: 40 Posted: 25 Apr 1999 Last Revised: 10 Oct 2010
James M. Poterba and Scott J. Weisbenner
Massachusetts Institute of Technology (MIT) - Department of Economics and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 29 (407,418)
Citation 45

Abstract:

29.

The Supply of and Demand for Charitable Donations to Higher Education

NBER Working Paper No. w18389
Number of pages: 32 Posted: 15 Sep 2012
Jeffrey R. Brown, Stephen G. Dimmock and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance, Nanyang Technological University - Division of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 12 (436,401)
Citation 1

Abstract:

30.

Empirical Determinants of Intertemporal Choice

NBER Working Paper No. w18755
Number of pages: 52 Posted: 02 Feb 2013
Jeffrey R. Brown, Zoran Ivkovich and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance, Michigan State University, Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 5 (498,885)

Abstract:

31.

The Distributional Effects of the Social Security Windfall Elimination Provision

NBER Working Paper No. w18342
Number of pages: 22 Posted: 25 Aug 2012
Jeffrey R. Brown and Scott J. Weisbenner
University of Illinois at Urbana-Champaign - Department of Finance and University of Illinois at Urbana-Champaign - Department of Finance
Downloads 2 (508,909)
Citation 1

Abstract:

32.

Information Diffusion Effects in Individual Investors' Common Stock Purchases: Covet Thy Neighbors' Investment Choices

The Review of Financial Studies, Vol. 20, No. 4, pp. 1327-1357, 2007
Posted: 25 Jun 2008
Zoran Ivkovi and Scott J. Weisbenner
affiliation not provided to SSRN and University of Illinois at Urbana-Champaign - Department of Finance

Abstract:

D14, D83, G11