I had a great conversation with @benjaminfelix and @CameronPassmore on the Rational Reminder Podcast (@RationalRemind), talking about my job market paper "Stocks for the Long Run or Liquidity? Tax Data Evidence and Portfolio Choice Implications"
We discussed:
- What income tax data tell us about individual investors' flows in and out of the stock market
- How big data have changed our understanding of the risks to human capital, especially for top earners
- Why even temporary stock price crashes can be painful for many working-age investors, and how this shapes their asset allocation decisions
...and much more!
(link below)
With the job market finished, I am very excited to be joining the Finance Department at the Wharton School of the University of Pennsylvania this July! @Wharton@Penn
This would not have been possible without the tireless support and guidance of my advisors Adrien Verdelhan, Lawrence Schmidt, Jonathan Parker (@ProfJAParker), and Leonid Kogan; the other outstanding faculty at @MITSloan; a large network of helpful friends throughout the profession; and most importantly, my family.
I look forward to getting to work!
@marcodelnegro@SashaIndarte@Wharton@Penn Thank you Marco! You all were so important in my development as an economist. I hope to have the chance to visit again soon!
@xzheng21@Wharton@Penn Thank you! Wharton has two excellent UConn graduates in the finance PhD program who will be on the job market in a few years - keep an eye out for them!