Lubos Pastor has been teaching at Chicago Booth since 1999 when he earned a PhD in finance from the Wharton School at the University of Pennsylvania. His research articles have appeared in journals such as the
American Economic Review,
Journal of Finance,
Journal of Financial Economics,
Journal of Political Economy, and the
Review of Financial Studies.
His research covers a diverse set of topics, such as liquidity risk, stock valuation and stock price "bubbles", stock volatility, stock return predictability, optimal portfolio choice, mutual fund performance, active management, cost of capital, Bayesian analysis, learning, technological revolutions, government-induced uncertainty, and IPOs. This research has been awarded numerous prizes: the 2008 Q Group Research Award, the 2008 Nasdaq Award for the best paper on capital formation presented at the Western Finance Association conference, the 2007 Goldman Sachs Asset Management Award for the best paper in empirical investments presented at the Western Finance Association conference, the 2006 Barclays Global Investors Prize for the best paper presented at the European Finance Association Conference, the Fama/DFA Prizes for the best articles in capital markets published in the Journal of Financial Economics in 2006 and 2002, the Smith Breeden Prize for the best article published in the Journal of Finance in 2003, and the Geewax, Terker, & Co. Prizes in 1999 and 2002 for the best working papers at the Wharton School of the University of Pennsylvania. His research has been covered by the New York Times, Barron's, Forbes, Time, and other media outlets.
Pastor serves as an associate editor of the Journal of Finance and the Journal of Financial Economics. He is also a research associate at the National Bureau of Economic Research, a research fellow at the Centre for Economic Policy Research, and a director of the Western Finance Association.
In his student years, 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.
