Lubos Pastor

Lubos Pastor is Charles P. McQuaid Professor of Finance at the University of Chicago Booth School of Business. He is also a Research Associate at the National Bureau of Economic Research and a Research Fellow at the Centre for Economic Policy and Research. In addition, he serves as an Associate Editor of the Journal of Finance and Journal of Financial Economics, as a Director of the Western Finance Association, and is a former Associate Editor of the Review of Financial Studies.

Professor Pastor’s research focuses mostly on financial markets and asset management. His latest work analyzes the effects of political uncertainty on asset prices. He has also written on a broad range of topics such as liquidity risk, stock price bubbles, portfolio choice, performance evaluation, stock volatility, return predictability, technological revolutions, and IPOs.

Papers
Pastor has co-authored the following prize winning papers.

Additional papers awarded prizes:
 * Whitebox Advisors Selected Research Prize for the best ﬁnancial research of the year, 2012, for “Are Stocks Really Less Volatile in the Long Run?”.
 * NASDAQ Award for the best paper on capital formation at the WFA conference, 2008, for “Entrepreneurial Learning, the IPO Decision, and the Post-IPO Drop in Firm Proﬁtability”.
 * Goldman Sachs Asset Management Award for the best paper in empirical investments at the WFA conference, 2007, for “Predictive Systems: Living with Imperfect Predictors”.
 * Barclays Global Investors Prize for the best paper at the European Finance Association Conference, 2006, for “Technological Revolutions and Stock Prices”.
 * Geewax, Terker, & Co.(now Marshall Blume) Prize in Investment Research, 2002 (Honorable Mention), for “Mutual Fund Performance and Seemingly Unrelated Assets”. The paper also won a Fama/DFA award, included in the table above.