Selected Bibliography for Lubos Pastor

Charles P. McQuaid Professor of Finance

Published Works

"Diseconomies of Scale in Active Management: Robust Evidence." Ľuboš Pástor, Robert F. Stambaugh, Lucian A. Taylor and Min Zhu; Critical Finance Review, 2022, 11(3-4), pp. 593-611.

"Dissecting Green Returns." Ľuboš Pástor, Robert F. Stambaugh and Lucian A. Taylor; Journal of Financial Economics, 2022, 146(2), pp. 403-24.

"Fifty Shades of Qe: Comparing Findings of Central Bankers and Academics." Brian Fabo, Martina Jančoková, Elisabeth Kempf and Ľuboš Pástor; Journal of Monetary Economics, 2021, 120, pp. 1-20.

"Sustainable Investing in Equilibrium." Ľuboš Pástor, Robert F. Stambaugh and Lucian A. Taylor; Journal of Financial Economics, 2021, 142(2), pp. 550-71.

"Political Cycles and Stock Returns." Ľuboš Pástor and Pietro Veronesi; Journal of Political Economy, 2020, 128(11), pp. 4011-45.

"Mutual Fund Performance and Flows During the COVID-19 Crisis." Ľuboš Pástor and M. Blair Vorsatz; The Review of Asset Pricing Studies, 2020, 10(4), pp. 791-833.

"Liquidity Risk after 20 Years." Luboš Pástor and Robert F. Stambaugh; Critical Finance Review, 2019, 8(1-2), pp. 277-99.

"Do Funds Make More When They Trade More?" Ľuboš Pástor, Robert F. Stambaugh and Lucian A. Taylor; The Journal of Finance, 2017, 72(4), pp. 1483-528.

"Income Inequality and Asset Prices under Redistributive Taxation." Ľuboš Pástor and Pietro Veronesi; Journal of Monetary Economics, 2016, 81, pp. 1-20.

"The Price of Political Uncertainty: Theory and Evidence from the Option Market." Bryan Kelly, Ľuboš Pástor and Pietro Veronesi; The Journal of Finance, 2016, 71(5), pp. 2417-80.

"Scale and Skill in Active Management." Ľuboš Pástor, Robert F. Stambaugh and Lucian A. Taylor; Journal of Financial Economics, 2015, 116(1), pp. 23-45.

"Political Uncertainty and Risk Premia." Ľuboš Pástor and Pietro Veronesi; Journal of Financial Economics, 2013, 110(3), pp. 520-45.

"On the Size of the Active Management Industry." Ľuboš Pástor and Robert F. Stambaugh; Journal of Political Economy, 2012, 120(4), pp. 740-81.

"Are Stocks Really Less Volatile in the Long Run?" Ľuboš Pástor and Robert F. Stambaugh; Journal of Finance, 2012, 67(2), pp. 431-77.

"Uncertainty About Government Policy and Stock Prices." Ľuboš Pástor and Pietro Veronesi; The Journal of Finance, 2012, 67(4), pp. 1219-64.

"Predictive Systems: Living with Imperfect Predictors." Ľuboš Pástor and Robert F. Stambaugh; The Journal of Finance, 2009, 64(4), pp. 1583-628.

"Learning in Financial Markets." Ľuboš Pástor and Pietro Veronesi; Annual Review of Financial Economics, 2009, 1(1), pp. 361-81.

"Technological Revolutions and Stock Prices." Ľuboš Pástor and Pietro Veronesi; American Economic Review, 2009, 99(4), pp. 1451-83.

"Entrepreneurial Learning, the Ipo Decision, and the Post-Ipo Drop in Firm Profitability." Ľuboš Pástor, Lucian A. Taylor and Pietro Veronesi; Review of Financial Studies, 2009, 22(8), pp. 3005-46.

"Estimating the Intertemporal Risk–Return Tradeoff Using the Implied Cost of Capital." Luboš Pástor, Meenakshi Sinha and Bhaskaran Swaminathan; Journal of Finance, 2008, 63(6), pp. 2859-97.

"Was There a Nasdaq Bubble in the Late 1990s?" Ľuboš Pástor and Pietro Veronesi; Journal of Financial Economics, 2006, 81(1), pp. 61-100.

"Rational Ipo Waves." Ľuboš Pástor and Pietro Veronesi; Journal of Finance, 2005, 60(4), pp. 1713.

"Judging Fund Managers by the Company They Keep." Randolph B. Cohen, Joshua D. Coval and Ľuboš Pástor; Journal of Finance, 2005, 60, pp. 1057.

"Stock Valuation and Learning About Profitability." Ľuboš Pástor and Pietro Veronesi; Journal of Finance, 2003, 58(5), pp. 1749-89.

"Liquidity Risk and Expected Stock Returns." Ľuboš Pástor and Robert F. Stambaugh; Journal of Political Economy, 2003, 111(3), pp. 642-85.

"Investing in Equity Mutual Funds." Ľuboš Pástor and Robert F. Stambaugh; Journal of Financial Economics, 2002, 63(3), pp. 351-80.

"Mutual Fund Performance and Seemingly Unrelated Assets." Ľuboš Pástor and Robert F. Stambaugh; Journal of Financial Economics, 2002, 63(3), pp. 315-49.

"The Equity Premium and Structural Breaks." Ľuboš Pástor and Robert F. Stambaugh; Journal of Finance, 2001, 56(4), pp. 1207-39.

"Comparing Asset Pricing Models: An Investment Perspective." Ľuboš Pástor and Robert F. Stambaugh; Journal of Financial Economics, 2000, 56(3), pp. 335-81.

"Portfolio Selection and Asset Pricing Models." Ľuboš Pástor; Journal of Finance, 2000, 55(1), pp. 179-223.

"Asset Pricing Models: Implications for Expected Returns and Portfolio Selection." A. Craig MacKinlay and Ľuboš Pástor; Review of Financial Studies, 2000, 13(4), pp. 883-916.

Portfolio Selection and Asset Pricing Models; Ľuboš Pástor; Ph.D. Dissertation, University of Pennsylvania, 1999.

"Costs of Equity Capital and Model Mispricing." Ľuboš Pástor and Robert F. Stambaugh; Journal of Finance, 1999, 54(1), pp. 67-121.