Selected Bibliography for Pietro Veronesi

Roman Family Professor of Finance

Home page of Pietro Veronesi

Published Works  

"Investors' and Central Bank's Uncertainty Embedded in Index Options." Alexander David and Pietro Veronesi; Review of Financial Studies, 2014, 27(6), pp. 1661-716. 
http://dx.doi.org/10.1093/rfs/hhu024

"What Ties Return Volatilities to Price Valuations and Fundamentals?" Alexander David and Pietro Veronesi; Journal of Political Economy, 2013, 121(4), pp. 682-746. 
http://www.jstor.org/stable/10.1086/671799

"Political Uncertainty and Risk Premia." Lubos Pastor and Pietro Veronesi; Journal of Financial Economics, 2013, 110(3), pp. 520-45. 
http://dx.doi.org/10.1016/j.jfineco.2013.08.007

"Uncertainty About Government Policy and Stock Prices." Luboš Pástor and Pietro Veronesi; The Journal of Finance, 2012, 67(4), pp. 1219-64.
http://dx.doi.org/10.1111/j.1540-6261.2012.01746.x

"Stock-Based Compensation and CEO (Dis)Incentives*." Efraim Benmelech, Eugene Kandel and Pietro Veronesi; Quarterly Journal of Economics, 2010, 125(4), pp. 1769-820.
http://www.mitpressjournals.org/doi/abs/10.1162/qjec.2010.125.4.1769

"Habit Formation, the Cross Section of Stock Returns and the Cash-Flow Risk Puzzle." Tano Santos and Pietro Veronesi; Journal of Financial Economics, 2010, 98(2), pp. 385-413.
http://dx.doi.org/10.1016/j.jfineco.2010.05.003

"Paulson's Gift." Pietro Veronesi and Luigi Zingales; Journal of Financial Economics, 2010, 97(3), pp. 339-68.
http://dx.doi.org/10.1016/j.jfineco.2010.03.011

"Technological Revolutions and Stock Prices." Luboš Pástor and Pietro Veronesi; American Economic Review, 2009, 99(4), pp. 1451-83.
http://dx.doi.org/10.1257/aer.99.4.1451

"Learning in Financial Markets." Lubos Pastor and Pietro Veronesi; Annual Review of Financial Economics, 2009, 1(1), pp. 361-81. 
http://dx.doi.org/10.1146/annurev.financial.050808.114428

"Entrepreneurial Learning, the IPO Decision, and the Post-IPO Drop in Firm Profitability." Lubos Pastor, Lucian A. Taylor and Pietro Veronesi; Review of Financial Studies, 2009, 22(8), pp. 3005-46.
http://rfs.oxfordjournals.org/cgi/content/abstract/22/8/3005 

"Was There a Nasdaq Bubble in the Late 1990s?" Ľuboš Pástor and Pietro Veronesi; Journal of Financial Economics, 2006, 81(1), pp. 61-100.
http://dx.doi.org/10.1016/j.jfineco.2005.05.009

"Labor Income and Predictable Stock Returns." Tano Santos and Pietro Veronesi; Review of Financial Studies, 2006, 19(1), pp. 1-44.
http://rfs.oxfordjournals.org/cgi/content/abstract/19/1/1

"Rational IPO Waves." Luboš Pástor and Pietro Veronesi; Journal of Finance, 2005, 60(4), pp. 1713.
http://dx.doi.org/10.1111/j.1540-6261.2005.00778.x

"The Peso Problem Hypothesis and Stock Market Returns." Pietro Veronesi; Journal of Economic Dynamics and Control, 2004, 28(4), pp. 707-25.
http://dx.doi.org/10.1016/S0165-1889(03)00041-1

"Understanding Predictability." Lior Menzly, Tano Santos and Pietro Veronesi; Journal of Political Economy, 2004, 112(1), pp. 1-47.
http://dx.doi.org/10.1086/379934

"Stock Valuation and Learning About Profitability." Lubos Pástor and Pietro Veronesi; Journal of Finance, 2003, 58(5), pp. 1749-89.
http://dx.doi.org/10.1111/1540-6261.00587

"Rational Panics and Stock Market Crashes." Gadi Barlevy and Pietro Veronesi; Journal of Economic Theory, 2003, 110(2), pp. 234-63.
http://dx.doi.org/10.1016/S0022-0531(03)00039-5

"Discussion of "Sidelined Investors, Trading-Generated News, and Security Returns "." Pietro Veronesi; Review of Financial Studies, 2002, 15(2), pp. 649-54.
http://dx.doi.org/10.1093/rfs/15.2.649

"Information Acquisition in Financial Markets." Gadi Barlevy and Pietro Veronesi; Review of Economic Studies, 2000, 67(1), pp. 79-90.
http://links.jstor.org/sici?sici=0034-6527%28200001%2967%3A1%3C79%3AIAIFM%3E2.0.CO%3B2-8

"How Does Information Quality Affect Stock Returns?" Pietro Veronesi; Journal of Finance, 2000, 55(2), pp. 807-37.
http://links.jstor.org/sici?sici=0022-1082%28200004%2955%3A2%3C807%3AHDIQAS%3E2.0.CO%3B2-S

"Stock Market Overreaction to Bad News in Good Times: A Rational Expectations Equilibrium Model." Pietro Veronesi; Review of Financial Studies, 1999, 12(5), pp. 975-1007.
http://links.jstor.org/sici?sici=0893-9454%28199924%2912%3A5%3C975%3ASMOTBN%3E2.0.CO%3B2-A

"Lexicographic Rationality Orderings and Iterative Weak Dominance," Pietro Veronesi, in P. Battigalli, A. Montesano and F. Panunzi: Decisions, Games and Markets. Studies in Risk and Uncertainty. Boston; Dordrecht and London: Kluwer Academic, 1997, pp. 125-47

Stock Market Volatility in Regime Shift Models; Pietro Veronesi; Ph.D. Dissertation, Harvard University, 1997.
http://proquest.umi.com/pqdweb?did=740048061&sid=1&Fmt=2&clientId=13392&RQT=309&VName=PQD

"A Note on Stochastic Independence without Savage-Null Events." Pierpaolo Battigalli and Pietro Veronesi; Journal of Economic Theory, 1996, 70(1), pp. 235-48.
http://dx.doi.org/10.1006/jeth.1996.0083

Working Papers  

Political Uncertainty and Risk Premia; Lubos Pastor and Pietro Veronesi; NBER Working Paper Series  No. 17464; Cambridge: National Bureau of Economic Research, 2011.
http://www.nber.org/papers/w17464

Uncertainty About Government Policy and Stock Prices; Lubos Pastor and Pietro Veronesi; NBER Working Paper Series No. 16128; Cambridge: National Bureau of Economic Research, 2010.
http://www.nber.org/papers/w16128

Paulson's Gift; Pietro Veronesi and Luigi Zingales; NBER Working Paper Series No. 15458; Cambridge: National Bureau of Economic Research 2009.
http://www.nber.org/papers/w15458

Learning in Financial Markets; Ľuboš Pástor and Pietro Veronesi; NBER Working Paper Series No. 14646; Cambridge: National Bureau of Economic Research, 2009.
http://www.nber.org/papers/w14646 

Stock-Based Compensation and CEO (Dis)Incentives; Efraim Benmelech, Eugene Kandel and Pietro Veronesi; NBER Working Paper Series no. 13732; Cambridge: National Bureau of Economic Research, 2008.
http://www.nber.org/papers/w13732 

Entrepreneurial Learning, the IPO Decision, and the Post-IPO Drop in Firm Profitability; Lubos Pastor, Lucian Taylor and Pietro Veronesi; NBER working paper series ; no. w12792; Cambridge, Mass.: National Bureau of Economic Research, 2006.
http://www.nber.org/papers/w12792 

Technological Revolutions and Stock Prices; Lubos Pastor and Pietro Veronesi; NBER working paper series ; no. w11876; Cambridge, Mass.: National Bureau of Economic Research, 2005.
http://www.nber.org/papers/w11876 

Cash-Flow Risk, Discount Risk, and the Value Premium; Tano Santos and Pietro Veronesi; NBER working paper series no. w11816; Cambridge, Mass.: National Bureau of Economic Research, 2005.
http://www.nber.org/papers/w11816 

Conditional Betas; Tano Santos and Pietro Veronesi; NBER working paper series no. 10413.; Cambridge: National Bureau of Economic Research, 2004.
http://www.nber.org/papers/W10413

Was There a NASDAQ Bubble in the Late 1990s?; Lubos Pástor and Pietro Veronesi; NBER working paper series ;; no. 10581;; Cambridge: National Bureau of Economic Research, 2004.
http://www.nber.org/papers/w10581

Stock Prices and IPO Waves; Lubos Pástor and Pietro Veronesi; NBER working paper series no. 9858.; Cambridge: National Bureau of Economic Research, 2003.
http://www.nber.org/papers/W9858

The Time Series of the Cross Section of Asset Prices; Lior Menzly, Tano Santos and Pietro Veronesi; NBER working paper series no. 9217; Cambridge: National Bureau of Economic Research, 2002.
http://www.nber.org/papers/W9217

Stock Valuation and Learning About Profitability; Lubos Pástor and Pietro Veronesi; NBER working paper series no. 8991.; Cambridge: National Bureau of Economic Research, 2002.
http://papers.nber.org/papers/W8991

Labor Income and Predictable Stock Returns; Tano Santos and Pietro Veronesi; NBER working paper series no. 8309; Cambridge: National Bureau of Economic Research, 2001.
http://www.nber.org/papers/W8309

Belief-Dependent Utilities, Aversion to State-Uncertainty and Asset Prices; Pietro Veronesi; CEPR Discussion Papers: no. 2965; London: Centre for Economic Policy Research, 2001.
www.cepr.org/pubs/dps/DP2965.asp

Option Prices with Uncertain Fundamentals : Theory and Evidence on the Dynamics of Implied Volatilities; Alexander David and Pietro Veronesi; Finance and economics discussion series 1999-47;; Divisions of Research & Statistics and Monetary Affairs, Federal Reserve Board, 1999.
http://www.federalreserve.gov/pubs/feds/1999/199947/199947abs.html