BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//BFI - ECPv5.14.1//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:BFI
X-ORIGINAL-URL:https://legacy.bfistage.com
X-WR-CALDESC:Events for BFI
REFRESH-INTERVAL;VALUE=DURATION:PT1H
X-Robots-Tag:noindex
X-PUBLISHED-TTL:PT1H
BEGIN:VTIMEZONE
TZID:America/Chicago
BEGIN:DAYLIGHT
TZOFFSETFROM:-0600
TZOFFSETTO:-0500
TZNAME:CDT
DTSTART:20190310T080000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:-0500
TZOFFSETTO:-0600
TZNAME:CST
DTSTART:20191103T070000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=America/Chicago:20190201T123000
DTEND;TZID=America/Chicago:20190201T133000
DTSTAMP:20260630T172745
CREATED:20190108T165207Z
LAST-MODIFIED:20190108T165207Z
UID:7578-1549024200-1549027800@legacy.bfistage.com
SUMMARY:Friedman Forum: How Do Individuals Repay Their Debt? Featuring Booth Professor Neale Mahoney
DESCRIPTION:When faced with debt across multiple credit cards\, do people pay down their balances in a way that makes financial sense? On February 1\, BFI will host Chicago Booth Professor Neale Mahoney for a Friedman Forum luncheon lecture on his recent working paper\, “How Do Individuals Repay Their Debt? The Balance-Matching Heuristic.” \nIn the paper\, Professor Mahoney and his colleagues examine how credit card holders in the United Kingdom divide their payments between credit card balances. Instead of paying down the card with the highest interest rate first\, the authors find people make payments based on the size of the balances on each credit card. These findings reveal the large gap between the optimal way to repay debt\, and reality of how people repay their credit card debt. \nThe Friedman Forum series offers students an opportunity for informal discussions with prominent economists. \n  \n\n\n\n\n\n\n\n\n\n\n\nAdditional Materials\nBFI Research Brief: “How Do Individuals Repay Their Debt? The Balance-Matching Heuristic”\n“It’s Not OK for Finance to Be Dangerous Again\,” Bloomberg News\, Jan. 9\, 2018
URL:https://legacy.bfistage.com/event/friedman-forum-how-do-individuals-repay-their-debt-featuring-booth-professor-neale-mahoney/
LOCATION:University of Chicago\, Saieh Hall for Economics\, Rm 021\, 5757 S. University\, Chicago\, IL\, 60637\, United States
CATEGORIES:Friedman Forum
END:VEVENT
END:VCALENDAR