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Scott Weisbenner

Professor of Finance and James F. Towey Faculty Fellow


Educational Background

Ph.D., Economics, Massachusetts Institute of Technology, 1999
B.A., Economics and Mathematics, University of Wisconsin at Madison, 1995

Positions Held

Associate Editor, Management Science, 2014 to present
Professor of Finance, University of Illinois, 2011 to present
James F. Towey Faculty Fellow, University of Illinois, 2009 to present
Research Associate, National Bureau of Economic Research (NBER), 2009 to present
Editor, Journal of Pension Economics and Finance, 2010-2013
Associate Professor of Finance, University of Illinois, 2007-2011
Visiting Professor of Finance, Nanyang Technological University, 2010
Associate Editor for special issue on behavioral economics and finance, Management Science, 2010
A.J. Pasant Professor of Finance, Michigan State University, 2009
Visiting Professor of Finance, City University of Hong Kong, 2009
Visiting Professor of Finance, Massey University, 2009
Julian Simon Memorial Faculty Fellow, University of Illinois, 2007-2009
Faculty Research Fellow, National Bureau of Economic Research (NBER), 2002-2009
Assistant Professor of Finance, University of Illinois, 2000-2007
Economist, Federal Reserve Board of Governors, 1999-2000

Recent Publications

Brown, J. , Ivkovich, Z., Weisbenner, S. Forthcoming. Empirical Determinants of Intertemporal Choice. Journal of Financial Economics

Brown, J. , Dimmock, S., Weisbenner, S. 2015. The Supply and Demand for Charitable Donations to Higher Education.. In Jeffrey R. Brown and Caroline M. Hoxby (Ed.), How the Financial Crisis and Great Recession Affected Higher Education, 151-174. Chicago, IL: University of Chicago Press.

Brown, J. , Dimmock, S., Kang, J., Weisbenner, S. 2014. How University Endowments Respond to Financial Market Shocks: Evidence and Implications. American Economic Review, 104: 931-962

Brown, J. , Weisbenner, S. 2014. Why Do Individuals Choose Defined Contribution Plans? Evidence from Participants in a Large Public Plan. Journal of Public Economics, 116: 35-46

Brown, J. , Weisbenner, S. 2014. Defined Contribution Plans as a Foundation for Retirement Security. Journal of Retirement, 1: 22-45

Brown, J. , Weisbenner, S. 2013. The Distributional Effects of the Social Security Windfall Elimination Provision. Journal of Pension Economics and Finance, 12: 415-434

Honors and Awards

Associate Editor, Management Science, 2014 to present

James F. Towey Faculty Fellow, University of Illinois, 2009 to present

Research Associate, National Bureau of Economic Research (NBER), 2009 to present

Selected to List of Teachers Rated as Excellent, University of Illinois, 2002 to present

Best Paper Award from the Finance Down Under: Building on the Best from the Cellars of Finance conference, 2014

Selected the Best Professor in the Full-Time MBA Program, 2014

Selected to List of Teachers Rated as Outstanding (awarded to top 10% of teachers), University of Illinois, 2014

Selected the Best First-Year Professor in the Executive MBA Program, 2013

Nominated by the College of Business for the University Scholars Award, 2013

Selected to List of Teachers Rated as Outstanding (awarded to top 10% of teachers), University of Illinois, 2013

Editor, Journal of Pension Economics and Finance, 2010-2013

Selected the Best Professor in a Large Elective Course for the Master of Science in Finance Program (for Corporate Finance course), 2012

BlackRock Reserach Award for Best Paper on Capital Markets/Fund Management/Mutual FundsAward at the 25th Annual Australasian Finance and Banking Conference, 2012

Selected to List of Teachers Rated as Outstanding (awarded to top 10% of teachers), University of Illinois, 2012

Winner of the College of Business Alumni Association Excellence-in-Teaching Award for Graduate and Professional Teaching (one winner selected in the College of Business), 2011

Selected the Best Professor in a Large Elective Course for the Master of Science in Finance Program (for Behavioral Finance course), 2011

Nominated by the College of Business for the Campus Excellence in Graduate and Professional Teaching Award, 2011

Service Activities

Conference Program Committee, Finance Down Under Conference, present
Discussant, Society of Financial Studies (SFS) Cavalcade (scheduled), 2015
Presenter, UC-Irvine, Invited Seminars and Conference Presentations, 2015
Associate Editor, Management Scicence, 2014-present
Conference Program Committee, EFA Meetings, 2013-present
Conference Program Committee, Miami Behavioral Finance Conference, 2010-present
Conference Program Committee, WFA Meetings, 2008, 2010-present
Ad Hoc Reviewer, AEJ: Policy, AER, Economic Letters, Finance Research Letters, Financial Management, JHR, JF, JFE, JFI, JFQA, JLE, JPubE, Management Science, NTJ, QJE, Research Grants Council of Hong Kong, REStat, RFS, 2000-present
Discussant, AFA Meetings, 2013
Presenter, Finance Down Under Conference: Building on the Best from the Cellars of Finance, Duisenberg Shool of Finance - Tinbergen Institute, Oregon, Toronto, Invited Seminars and Conference Presentations, 2013
Editor, Journal of Pension Economics and Finance, 2010-2013
Discussant, AEA Meetings, 1st Luxembourg Asset Management Summit, Australasian Finance and Banking Conference, 2012
Presenter, University of Miami, DePaul University / Federal Reserve Bank of Chicago, West Virginia University, WFA Meetings, 1st Luxembourg Asset Management Summit, Drexel, Australasian Finance and Banking Confe, Invited Seminars and Conference Presentations, 2012
Discussant, AEA Meetings, Society of Financial Studies (SFS) Cavalcade, Korea America Finance Association (KAFA) Meetings, FIRS Conference, FEA Conference, 2011
Presenter, Tel Aviv University, Hebrew University, Maastricht University, Korea University, Korea America Finance Association meetings, KAIST, EFA Meetings, Aalto University, MSU Federal Credit Union Conference, Invited Seminars and Conference Presentations, 2011
Session Chair, August, EFA Meetings,, 2011

Teaching and Research Interests

Weisbenners research studies household portfolio decisions and the financial and operational decisions made by corporate executives and other institutional managers. It draws on a number of different identification strategies and data sets to provide insights on these issues, often with implications for broader questions in finance and economics. To answer the questions posed by his research, Professor Weisbenner uses variation in the conditions facing households and institutions by geography, changes to tax and other policy parameters, and financial shocks.