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. He has analyzed various effects of parameter uncertainty and learning in finance. His articles have appeared in the American Economic Review, Journal of Finance, Journal of Financial Economics, Journal of Political Economy, Review of Financial Studies, as well as nonacademic outlets such as Bloomberg and the Financial Times. His research has been awarded numerous prizes – the Q Group Award (2008), the NASDAQ Award (2008), the Goldman Sachs Asset Management Prize (2007), the Barclays Global Investors Prize (2006), the Fama/DFA Prize (2006 and 2002), the Smith Breeden Prize (2003), and the Geewax, Terker, & Co. Prize (2002 and 1999).
Professor Pastor has been teaching at Chicago Booth since 1999, when he obtained a Ph.D. in finance from the Wharton School at the University of Pennsylvania. He is the recipient of the 2011 McKinsey Award for Excellence in Teaching as well as the 2010 and 2009 Faculty Excellence Awards at Chicago Booth.
In his student years, Professor Pastor won awards in chess and mathematics, mainly in his native Slovakia. In his spare time, he enjoys sports, reading, and spending time with his family.