Lubos Pastor

Lubos Pastor is Charles P. McQuaid Professor of Finance at the University of Chicago Booth School of Business. At Chicago Booth, he also serves as co-director of the Fama-Miller Center for Research in Finance, director of the Center for Research in Security Prices (CRSP), and a member of the CRSP Indexes Advisory Council. Outside Chicago Booth, he is a member of the Bank Board of the National Bank of Slovakia, research associate at the National Bureau of Economic Research, and research fellow at the Centre for Economic Policy and Research. He has served as president of the Western Finance Association and director of the American Finance Association. He is an associate editor of the Journal of Financial Economics and a former associate editor of the Journal of Finance and the Review of Financial Studies.

Prof. Pastor’s research focuses mostly on financial markets and asset management. He has written on a broad range of topics, such as liquidity risk, political uncertainty, stock-price bubbles, stock volatility, return predictability, technological revolutions, income inequality, populism, sustainable investing, portfolio choice, performance evaluation, returns to scale in active management, indexing, learning, and IPOs. His articles have appeared in the American Economic Review, the Journal of Finance, the Journal of Financial Economics, the Journal of Monetary Economics, the Journal of Political Economy, Review of Financial Studies, and among others.

He has won numerous prizes for his research, including two Smith Breeden Prizes, three Fama/DFA Prizes, the Whitebox Advisors Selected Research Prize, the Goldman Sachs Asset Management Prize, the Barclays Global Investors Prize, the Rothschild Caesarea Center Best Paper Award, the Jacobs Levy Center Best Paper Prize, two Geewax, Terker & Co. Prizes, two Marshall Blume Prizes, the NASDAQ Award, the QMA Award, and the Q Group Award.

Prof. Pastor has received the McKinsey Award for Excellence in Teaching as well as two Faculty Excellence Awards at Chicago Booth.