Pietro Veronesi

University of Chicago - Booth School of Business

Roman Family Professor of Finance

5807 S. Woodlawn Avenue

Chicago, IL 60637

United States

Centre for Economic Policy Research (CEPR)

Fellow

London

United Kingdom

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

40

DOWNLOADS
Rank 644

SSRN RANKINGS

Top 644

in Total Papers Downloads

33,566

SSRN CITATIONS
Rank 121

SSRN RANKINGS

Top 121

in Total Papers Citations

648

CROSSREF CITATIONS

3,303

Scholarly Papers (40)

1.
Downloads 4,175 ( 2,073)
Citation 74

Learning in Financial Markets

Learning in Financial Markets, Forthcoming, Chicago Booth School of Business Research Paper No. 08-28
Number of pages: 30 Posted: 08 Jan 2009
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 4,042 (2,157)
Citation 2

Abstract:

Loading...

Learning in Financial Markets

NBER Working Paper No. w14646
Number of pages: 30 Posted: 19 Jan 2009 Last Revised: 29 Oct 2014
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 126 (227,074)

Abstract:

Loading...

Learning in Financial Markets

CEPR Discussion Paper No. DP7127
Number of pages: 31 Posted: 18 Feb 2009
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 7 (632,625)
Citation 3
  • Add to Cart

Abstract:

Loading...

Bayesian, bubble, predictability, uncertainty, volatility

Learning in Financial Markets

Annual Review of Financial Economics, Vol. 1, pp. 361-381, 2009
Posted: 04 Jun 2010
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business

Abstract:

Loading...

2.
Downloads 3,153 ( 3,386)
Citation 87

Technological Revolutions and Stock Prices

CRSP Working Paper No. 606, AFA 2007 Chicago Meetings Paper, EFA 2006 Zurich Meetings
Number of pages: 49 Posted: 24 May 2006 Last Revised: 04 Oct 2014
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 3,078 (3,438)
Citation 13

Abstract:

Loading...

bubble, internet, railroads, technology, innovation, learning, uncertainty

Technological Revolutions and Stock Prices

NBER Working Paper No. w11876
Number of pages: 50 Posted: 06 Oct 2006 Last Revised: 04 Oct 2014
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 62 (358,079)

Abstract:

Loading...

Technological Revolutions and Stock Prices

CEPR Discussion Paper No. 5428
Number of pages: 48 Posted: 11 Apr 2006
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 13 (590,331)
Citation 6
  • Add to Cart

Abstract:

Loading...

Bubble, railroads, technology, innovation

The Price of Political Uncertainty: Theory and Evidence from the Option Market

Fama-Miller Working Paper
Number of pages: 69 Posted: 19 Nov 2013 Last Revised: 26 Jun 2016
Bryan T. Kelly, Lubos Pastor and Pietro Veronesi
Yale SOM, University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 2,816 (3,995)
Citation 1

Abstract:

Loading...

political uncertainty, options, elections, summits, variance risk, tail risk

The Price of Political Uncertainty: Theory and Evidence from the Option Market

Becker Friedman Institute for Research in Economics Working Paper No. 2014-01
Number of pages: 66 Posted: 13 Jan 2014
Bryan T. Kelly, Lubos Pastor and Pietro Veronesi
Yale SOM, University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 125 (228,476)
Citation 4

Abstract:

Loading...

The Price of Political Uncertainty: Theory and Evidence from the Option Market

NBER Working Paper No. w19812
Number of pages: 69 Posted: 17 Jan 2014
Bryan T. Kelly, Lubos Pastor and Pietro Veronesi
Yale SOM, University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 24 (518,108)
Citation 1

Abstract:

Loading...

The Price of Political Uncertainty: Theory and Evidence from the Option Market

CEPR Discussion Paper No. DP9822
Number of pages: 68 Posted: 02 Jun 2014
Bryan T. Kelly, Lubos Pastor and Pietro Veronesi
Yale SOM, University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 1 (688,832)
Citation 10
  • Add to Cart

Abstract:

Loading...

options, political uncertainty

4.
Downloads 2,901 ( 3,884)
Citation 130

Political Uncertainty and Risk Premia

Number of pages: 58 Posted: 24 Sep 2011 Last Revised: 09 May 2017
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 2,464 (5,013)
Citation 15

Abstract:

Loading...

political, uncertainty, government, risk premium, put, learning, Bayesian

Political Uncertainty and Risk Premia

Fama-Miller Working Paper , Chicago Booth Research Paper No. 11-39
Number of pages: 58 Posted: 06 Oct 2011 Last Revised: 07 Mar 2014
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 269 (113,462)

Abstract:

Loading...

Political Uncertainty and Risk Premia

Becker Friedman Institute for Research in Economics Working Paper No. 2011-007
Number of pages: 61 Posted: 07 Dec 2011 Last Revised: 11 Dec 2012
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 138 (211,217)
Citation 9

Abstract:

Loading...

Political Uncertainty and Risk Premia

NBER Working Paper No. w17464
Number of pages: 59 Posted: 30 Sep 2011
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 28 (494,098)
Citation 2

Abstract:

Loading...

Political Uncertainty and Risk Premia

CEPR Discussion Paper No. DP8601
Number of pages: 54 Posted: 01 Nov 2011
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 2 (674,796)
Citation 8
  • Add to Cart

Abstract:

Loading...

Bayesian, government, learning, political, put, risk premium, uncertainty

5.
Downloads 2,519 ( 4,942)
Citation 168

Uncertainty about Government Policy and Stock Prices

Chicago Booth Research Paper No. 10-25, Fama-Miller Working Paper Series
Number of pages: 54 Posted: 16 Jun 2010 Last Revised: 06 Sep 2012
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 2,351 (5,437)
Citation 7

Abstract:

Loading...

government, policy, uncertainty, learning, stock, price

Uncertainty About Government Policy and Stock Prices

MFI Working Paper No. 2010-08
Number of pages: 54 Posted: 17 Jun 2010
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 137 (212,514)
Citation 1

Abstract:

Loading...

Uncertainty About Government Policy and Stock Prices

NBER Working Paper No. w16128
Number of pages: 62 Posted: 29 Jun 2010 Last Revised: 28 Jul 2010
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 28 (494,098)

Abstract:

Loading...

Uncertainty About Government Policy and Stock Prices

CEPR Discussion Paper No. DP7897
Number of pages: 55 Posted: 19 Jul 2010
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 3 (663,879)
Citation 12
  • Add to Cart

Abstract:

Loading...

government, learning, stock, uncertainty

6.
Downloads 1,404 ( 13,039)

Political Cycles and Stock Returns

Chicago Booth Research Paper No. 17-01, Fama-Miller Working Paper
Number of pages: 41 Posted: 01 Feb 2017 Last Revised: 28 May 2019
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 1,389 (12,994)

Abstract:

Loading...

political cycles, risk aversion, presidential puzzle

Political Cycles and Stock Returns

NBER Working Paper No. w23184
Number of pages: 42 Posted: 21 Feb 2017
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 15 (576,605)

Abstract:

Loading...

Political Cycles and Stock Returns

CEPR Discussion Paper No. DP11864
Number of pages: 44 Posted: 02 Mar 2017 Last Revised: 22 Oct 2018
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 0
  • Add to Cart

Abstract:

Loading...

political cycles, presidential puzzle, risk aversion

7.
Downloads 1,357 ( 13,742)
Citation 112

Was There a NASDAQ Bubble in the Late 1990s?

CRSP Working Paper No. 557; AFA 2005 Philadelphia Meetings Paper
Number of pages: 60 Posted: 20 Aug 2004
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 1,286 (14,611)
Citation 4

Abstract:

Loading...

Was There a NASDAQ Bubble in the Late 1990s?

NBER Working Paper No. w10581
Number of pages: 52 Posted: 06 Jul 2004 Last Revised: 30 Oct 2014
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 54 (383,846)
Citation 1

Abstract:

Loading...

Was There a NASDAQ Bubble in the Late 1990s?

CEPR Discussion Paper No. 4485
Number of pages: 53 Posted: 12 Aug 2004
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 17 (563,433)
Citation 1
  • Add to Cart

Abstract:

Loading...

Bubble, valuation, uncertainty

8.

Option Prices with Uncertain Fundamentals: Theory and Evidence on the Dynamics of Implied Volatilities

CRSP Working Paper No. 485; FEDS Working Paper No. 1999-47
Number of pages: 64 Posted: 17 Feb 2000
Alexander David and Pietro Veronesi
University of Calgary - Haskayne School of Business and University of Chicago - Booth School of Business
Downloads 1,339 (14,020)
Citation 32

Abstract:

Loading...

9.
Downloads 1,311 ( 14,504)
Citation 232

Stock Valuation and Learning About Profitability

CRSP Working Paper No. 537; EFA 2002 Berlin Meetings Discussion Paper
Number of pages: 60 Posted: 11 Mar 2002
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 1,227 (15,725)
Citation 1

Abstract:

Loading...

Stock Valuation and Learning About Profitability

NBER Working Paper No. w8991
Number of pages: 49 Posted: 13 Jun 2002 Last Revised: 27 Oct 2010
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 53 (387,251)

Abstract:

Loading...

Stock Valuation and Learning About Profitability

CEPR Discussion Paper No. 3410
Number of pages: 50 Posted: 29 Jul 2002
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 31 (477,885)
Citation 9
  • Add to Cart

Abstract:

Loading...

Valuation, learning, uncertainty, profitability, market to book

Stock Valuation and Learning About Profitability

Journal of Finance, Vol. 58, pp. 1749-1790, October 2003
Posted: 14 Oct 2003
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business

Abstract:

Loading...

10.
Downloads 1,121 ( 18,389)
Citation 2

Stock Prices and IPO Waves

CRSP Working Paper No. 548
Number of pages: 59 Posted: 13 Aug 2003
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 1,054 (19,773)

Abstract:

Loading...

Stock Prices and IPO Waves

NBER Working Paper No. w9858
Number of pages: 60 Posted: 23 Jul 2003 Last Revised: 30 Oct 2014
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 47 (408,572)

Abstract:

Loading...

Stock Prices and IPO Waves

CEPR Discussion Paper No. 4002
Number of pages: 61 Posted: 19 Sep 2003
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 20 (543,921)
  • Add to Cart

Abstract:

Loading...

11.
Downloads 902 ( 25,364)
Citation 8

How Does Information Quality Affect Stock Returns?

CRSP Working Paper No. 462
Number of pages: 44 Posted: 11 Sep 1998
Pietro Veronesi
University of Chicago - Booth School of Business
Downloads 902 (24,937)
Citation 8

Abstract:

Loading...

How Does Information Quality Affect Stock Returns?

As published in Journal of Finance
Posted: 22 Jan 2001
Pietro Veronesi
University of Chicago - Booth School of Business

Abstract:

Loading...

Entrepreneurial Learning, the Ipo Decision, and the Post-Ipo Drop in Firm Profitability

CRSP Working Paper No. 616
Number of pages: 47 Posted: 19 Feb 2007
Lubos Pastor, Lucian Taylor and Pietro Veronesi
University of Chicago - Booth School of Business, University of Pennsylvania - The Wharton School and University of Chicago - Booth School of Business
Downloads 563 (47,405)

Abstract:

Loading...

Entrepreneurial Learning, the IPO Decision, and the Post-Ipo Drop in Firm Profitability

Number of pages: 46 Posted: 17 Dec 2006
Lubos Pastor, Pietro Veronesi and Lucian Taylor
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and University of Pennsylvania - The Wharton School
Downloads 210 (145,703)

Abstract:

Loading...

learning, IPO, diversification, profitability

Entrepreneurial Learning, the IPO Decision, and the Post-Ipo Drop in Firm Profitability

NBER Working Paper No. w12792
Number of pages: 47 Posted: 24 Dec 2006 Last Revised: 29 Oct 2014
Lubos Pastor, Pietro Veronesi and Lucian Taylor
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and University of Pennsylvania - The Wharton School
Downloads 66 (346,381)
Citation 1

Abstract:

Loading...

Entrepreneurial Learning, IPO Decision, and the Post-IPO Drop in Firm Profitability

CEPR Discussion Paper No. 6061
Number of pages: 49 Posted: 28 Jun 2007
Lubos Pastor, Lucian Taylor and Pietro Veronesi
University of Chicago - Booth School of Business, University of Pennsylvania - The Wharton School and University of Chicago - Booth School of Business
Downloads 3 (663,879)
  • Add to Cart

Abstract:

Loading...

Diversification, IPO, Learning

What Ties Return Volatilities to Price Valuations and Fundamentals?

Journal of Political Economy, Forthcoming, AFA 2011 Denver Meetings Paper
Number of pages: 66 Posted: 12 Mar 2010 Last Revised: 29 May 2013
Alexander David and Pietro Veronesi
University of Calgary - Haskayne School of Business and University of Chicago - Booth School of Business
Downloads 791 (29,972)

Abstract:

Loading...

Volatility, Uncertainty, Valuation, Forecasting

What Ties Return Volatilities to Price Valuations and Fundamentals?

NBER Working Paper No. w15563
Number of pages: 66 Posted: 08 Dec 2009
Alexander David and Pietro Veronesi
University of Calgary - Haskayne School of Business and University of Chicago - Booth School of Business
Downloads 18 (556,885)
Citation 6

Abstract:

Loading...

14.

Inflation and Earnings Uncertainty and Volatility Forecasts: A Structural Form Approach

Chicago GSB Research Paper, University of Calgary Haskyane School of Business Working Paper
Number of pages: 55 Posted: 27 Feb 2004 Last Revised: 20 Mar 2009
Alexander David and Pietro Veronesi
University of Calgary - Haskayne School of Business and University of Chicago - Booth School of Business
Downloads 798 (30,067)
Citation 30

Abstract:

Loading...

15.
Downloads 622 ( 42,180)
Citation 49

Paulson's Gift

Chicago Booth Research Paper No. 09-42
Number of pages: 69 Posted: 03 Nov 2009 Last Revised: 24 Dec 2009
Pietro Veronesi and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 586 (44,979)
Citation 22

Abstract:

Loading...

Paulson's Gift

NBER Working Paper No. w15458
Number of pages: 68 Posted: 03 Nov 2009 Last Revised: 28 Sep 2010
Pietro Veronesi and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 34 (463,183)

Abstract:

Loading...

Paulson's Gift

CEPR Discussion Paper No. DP7528
Number of pages: 69 Posted: 17 Nov 2009
Pietro Veronesi and Luigi Zingales
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 2 (674,796)
Citation 2
  • Add to Cart

Abstract:

Loading...

bankruptcy, credit crisis, government intervention

Information Acquisition in Financial Markets

Number of pages: 21 Posted: 09 Feb 1999
Gadi Barlevy and Pietro Veronesi
Federal Reserve Bank of Chicago and University of Chicago - Booth School of Business
Downloads 618 (41,913)

Abstract:

Loading...

Information Acquisition in Financial Markets

Review of Economic Studies
Posted: 09 Feb 1999
Gadi Barlevy and Pietro Veronesi
Federal Reserve Bank of Chicago and University of Chicago - Booth School of Business

Abstract:

Loading...

17.

Rational Panics and Stock Market Crashes

CRSP Working Paper No. 483
Number of pages: 27 Posted: 12 Feb 1999
Gadi Barlevy and Pietro Veronesi
Federal Reserve Bank of Chicago and University of Chicago - Booth School of Business
Downloads 612 (43,043)

Abstract:

Loading...

18.
Downloads 604 ( 43,841)
Citation 7

Option-Based Credit Spreads

Chicago Booth Research Paper No. 15-49, Fama-Miller Working Paper
Number of pages: 44 Posted: 17 Dec 2014 Last Revised: 12 Sep 2017
Christopher L. Culp, Yoshio Nozawa and Pietro Veronesi
Johns Hopkins University - Institute for Applied Economics, Global Health, and Study of Business Enterprise, Hong Kong University of Science and Technology and University of Chicago - Booth School of Business
Downloads 586 (44,979)

Abstract:

Loading...

credit spreads, credit risk, default, bonds, Merton model

Option-Based Credit Spreads

NBER Working Paper No. w20776
Number of pages: 45 Posted: 22 Dec 2014
Christopher L. Culp, Yoshio Nozawa and Pietro Veronesi
Johns Hopkins University - Institute for Applied Economics, Global Health, and Study of Business Enterprise, Hong Kong University of Science and Technology and University of Chicago - Booth School of Business
Downloads 17 (563,433)

Abstract:

Loading...

Option-Based Credit Spreads

CEPR Discussion Paper No. DP10318
Number of pages: 67 Posted: 23 Jan 2015
Christopher L. Culp and Pietro Veronesi
Johns Hopkins University - Institute for Applied Economics, Global Health, and Study of Business Enterprise and University of Chicago - Booth School of Business
Downloads 1 (688,832)
Citation 1
  • Add to Cart

Abstract:

Loading...

credit spreads, default, Merton model, options

The Time Series of the Cross Section of Asset Prices

CRSP Working Paper No. 541
Number of pages: 64 Posted: 25 Oct 2002
Lior Menzly, Pietro Veronesi and Tano Santos
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and Columbia Business School
Downloads 567 (46,984)

Abstract:

Loading...

The Time Series of the Cross Section of Asset Prices

NBER Working Paper No. w9217
Number of pages: 65 Posted: 20 Sep 2002 Last Revised: 29 Oct 2010
Lior Menzly, Pietro Veronesi and Tano Santos
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and Columbia Business School
Downloads 34 (463,183)

Abstract:

Loading...

Inequality Aversion, Populism, and the Backlash Against Globalization

Number of pages: 56 Posted: 01 Aug 2018 Last Revised: 10 Jul 2019
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 539 (50,108)
Citation 3

Abstract:

Loading...

inequality, populism, globalization, risk aversion, Brexit, Trump

Inequality Aversion, Populism, and the Backlash Against Globalization

NBER Working Paper No. w24900
Number of pages: 57 Posted: 22 Aug 2018
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 12 (597,316)
  • Add to Cart

Abstract:

Loading...

Inequality Aversion, Populism, and the Backlash Against Globalization

CEPR Discussion Paper No. DP13107
Number of pages: 52 Posted: 21 Aug 2018 Last Revised: 04 Mar 2019
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 1 (688,832)
  • Add to Cart

Abstract:

Loading...

Brexit, Globalization, inequality, populism, risk aversion, Trump

Investors' and Central Bank's Uncertainty Embedded in Index Options

Review of Financial Studies (Forthcoming)
Number of pages: 73 Posted: 25 Jan 2011 Last Revised: 28 Jan 2014
Alexander David and Pietro Veronesi
University of Calgary - Haskayne School of Business and University of Chicago - Booth School of Business
Downloads 506 (54,312)
Citation 2

Abstract:

Loading...

Fear measures, index options, central bank uncertainty, investors' uncertainty, predicting interest rates, nonlinearities, volatility of volatility, volatility premium, monetary policy

Investors' and Central Bank's Uncertainty Embedded in Index Options

NBER Working Paper No. w16764
Number of pages: 70 Posted: 07 Feb 2011
Alexander David and Pietro Veronesi
University of Calgary - Haskayne School of Business and University of Chicago - Booth School of Business
Downloads 16 (570,004)

Abstract:

Loading...

22.

Short and Long Horizon Term and Inflation Risk Premia in the Us Term Structure: Evidence from an Integrated Model for Nominal and Real Bond Prices Under Regime Shifts

Center for Research in Security Prices (CRSP) Working Paper No. 508
Number of pages: 68 Posted: 03 Feb 2000
Francis Yared and Pietro Veronesi
Lehman Brothers, New York and University of Chicago - Booth School of Business
Downloads 519 (53,260)
Citation 10

Abstract:

Loading...

Belief-Dependent Utilities, Aversion to State-Uncertainty and Asset Prices

CRSP Working Paper No. 529
Number of pages: 65 Posted: 02 Oct 2001
Pietro Veronesi
University of Chicago - Booth School of Business
Downloads 435 (65,618)
Citation 18

Abstract:

Loading...

State-dependent Preferences, Uncertainty Aversion, Asset Pricing

Belief-Dependent Utilities, Aversion to State-Uncertainty and Asset Prices

CEPR Discussion Paper No. 2965
Number of pages: 66 Posted: 28 Sep 2001
Pietro Veronesi
University of Chicago - Booth School of Business
Downloads 29 (488,479)
  • Add to Cart

Abstract:

Loading...

State dependent preferences, uncertainty aversion, asset pricing

Income Inequality and Asset Prices Under Redistributive Taxation

Number of pages: 39 Posted: 17 Oct 2015 Last Revised: 09 May 2017
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 395 (73,704)

Abstract:

Loading...

inequality, redistribution, taxation, asset pricing, entrepreneurship, heterogeneous agents, incomplete markets

Income Inequality and Asset Prices under Redistributive Taxation

Chicago Booth Research Paper No. 15-46, Fama-Miller Working Paper
Number of pages: 50 Posted: 18 Oct 2015
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 23 (524,359)

Abstract:

Loading...

Income Inequality and Asset Prices Under Redistributive Taxation

Number of pages: 49 Posted: 18 Nov 2015
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 17 (563,433)

Abstract:

Loading...

inequality, taxation

Income Inequality and Asset Prices Under Redistributive Taxation

NBER Working Paper No. w21668
Number of pages: 40 Posted: 26 Oct 2015 Last Revised: 30 Oct 2015
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 9 (618,397)

Abstract:

Loading...

Income Inequality and Asset Prices Under Redistributive Taxation

CEPR Discussion Paper No. DP10899
Number of pages: 51 Posted: 28 Oct 2015
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 0
  • Add to Cart

Abstract:

Loading...

asset pricing, entrepreneurship, inequality, redistribution, taxation

25.

Habit Formation and the Cross Section of Stock Returns

CRSP Working Paper No. 534
Number of pages: 74 Posted: 15 Dec 2001
Lior Menzly, Pietro Veronesi and Tano Santos
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and Columbia Business School
Downloads 359 (83,131)
Citation 7

Abstract:

Loading...

26.
Downloads 356 ( 83,923)
Citation 36

Labor Income and Predictable Stock Returns

CRSP Working Paper No. 520
Number of pages: 59 Posted: 22 Aug 2000
Tano Santos and Pietro Veronesi
Columbia Business School and University of Chicago - Booth School of Business
Downloads 324 (92,707)
Citation 35

Abstract:

Loading...

Labor Income and Predictable Stock Returns

NBER Working Paper No. w8309
Number of pages: 59 Posted: 03 Jun 2001 Last Revised: 22 Oct 2010
Tano Santos and Pietro Veronesi
Columbia Business School and University of Chicago - Booth School of Business
Downloads 32 (472,785)

Abstract:

Loading...

27.

Regime Shifts and Changing Volatility in Stock Returns: A Rational Expectations Equilibrium Model

Center for Research in Security Prices Working Paper No. 474
Number of pages: 49 Posted: 11 Sep 1998
Pietro Veronesi
University of Chicago - Booth School of Business
Downloads 341 (88,184)
Citation 1

Abstract:

Loading...

28.
Downloads 325 ( 92,957)
Citation 47

Stock-Based Compensation and CEO (Dis)Incentives

Number of pages: 53 Posted: 27 Mar 2008
Efraim Benmelech, Eugene Kandel and Pietro Veronesi
Northwestern University - Kellogg School of Management, Hebrew University of Jerusalem - Department of Economics and University of Chicago - Booth School of Business
Downloads 274 (111,304)
Citation 3

Abstract:

Loading...

executive compensation, corporate governance

Stock-Based Compensation and CEO (Dis)Incentives

NBER Working Paper No. w13732
Number of pages: 54 Posted: 11 Jan 2008 Last Revised: 29 Oct 2014
Efraim Benmelech, Pietro Veronesi and Eugene Kandel
Northwestern University - Kellogg School of Management, University of Chicago - Booth School of Business and Hebrew University of Jerusalem - Department of Economics
Downloads 46 (412,452)

Abstract:

Loading...

Stock-Based Compensation and CEO (Dis)Incentives

CEPR Discussion Paper No. DP6515
Number of pages: 52 Posted: 05 Jun 2008
Efraim Benmelech, Eugene Kandel and Pietro Veronesi
Northwestern University - Kellogg School of Management, Hebrew University of Jerusalem - Department of Economics and University of Chicago - Booth School of Business
Downloads 5 (647,307)
Citation 5
  • Add to Cart

Abstract:

Loading...

CEO compensation, Sub-optimal investments

29.
Downloads 299 (101,880)
Citation 3

Conditional Betas

AFA 2005 Philadelphia Meetings Paper
Number of pages: 54 Posted: 16 Jan 2005
Tano Santos and Pietro Veronesi
Columbia Business School and University of Chicago - Booth School of Business
Downloads 267 (114,381)
Citation 1

Abstract:

Loading...

Conditional Betas

NBER Working Paper No. w10413
Number of pages: 49 Posted: 20 Apr 2004
Tano Santos and Pietro Veronesi
Columbia Business School and University of Chicago - Booth School of Business
Downloads 32 (472,785)

Abstract:

Loading...

30.

Uncertainty and Valuations: A Comment

Critical Finance Review, Forthcoming
Number of pages: 4 Posted: 18 Jan 2014
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 263 (116,760)

Abstract:

Loading...

31.

Rational IPO Waves

Number of pages: 51 Posted: 09 Nov 2011
Lubos Pastor and Pietro Veronesi
University of Chicago - Booth School of Business and University of Chicago - Booth School of Business
Downloads 163 (183,448)
Citation 64

Abstract:

Loading...

IPO, waves

32.

Leverage

Columbia Business School Research Paper No. 17-1
Number of pages: 50 Posted: 01 Dec 2016 Last Revised: 23 Dec 2018
Tano Santos and Pietro Veronesi
Columbia Business School and University of Chicago - Booth School of Business
Downloads 150 (196,789)
Citation 1

Abstract:

Loading...

Risk Preferences, Leverage, Heterogeneity, Intermediary

33.

Cash-Flow Risk, Discount Risk, and the Value Premium

NBER Working Paper No. w11816
Number of pages: 59 Posted: 19 Feb 2006 Last Revised: 08 Mar 2006
Tano Santos and Pietro Veronesi
Columbia Business School and University of Chicago - Booth School of Business
Downloads 72 (326,446)

Abstract:

Loading...

34.

Habits and Leverage

Chicago Booth Research Paper No. 16-22, Fama-Miller Working Paper
Number of pages: 55 Posted: 30 Nov 2016 Last Revised: 10 Jun 2017
Tano Santos and Pietro Veronesi
Columbia University and University of Chicago - Booth School of Business
Downloads 42 (419,600)
Citation 4

Abstract:

Loading...

Heterogeneous Households under Uncertainty

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2019-06
Number of pages: 60 Posted: 24 Jan 2019
Pietro Veronesi
University of Chicago - Booth School of Business
Downloads 24 (518,108)

Abstract:

Loading...

Heterogeneous Households Under Uncertainty

NBER Working Paper No. w25448
Number of pages: 60 Posted: 15 Jan 2019
Pietro Veronesi
University of Chicago - Booth School of Business
Downloads 8 (625,420)
  • Add to Cart

Abstract:

Loading...

Heterogeneous Households Under Uncertainty

Number of pages: 59 Posted: 03 Jan 2019
Pietro Veronesi
University of Chicago - Booth School of Business
Downloads 3 (663,879)

Abstract:

Loading...

heterogeneity, risk aversion, learning, wealth inequality, uncertainty

Heterogeneous Households Under Uncertainty

CEPR Discussion Paper No. DP13466
Number of pages: 62 Posted: 23 Jan 2019
Pietro Veronesi
University of Chicago - Booth School of Business
Downloads 0
  • Add to Cart

Abstract:

Loading...

36.

Leverage

NBER Working Paper No. w22905
Number of pages: 51 Posted: 12 Dec 2016
Tano Santos and Pietro Veronesi
Columbia Business School and University of Chicago - Booth School of Business
Downloads 6 (612,776)

Abstract:

Loading...

37.

Entrepreneurial Learning, the IPO Decision, and the Post-Ipo Drop in Firm Profitability

The Review of Financial Studies, Vol. 22, Issue 8, pp. 3005-3046, 2009
Posted: 05 Aug 2009
Ľuboš Pástor, Lucian A. Taylor and Pietro Veronesi
affiliation not provided to SSRN, University of Pennsylvania - The Wharton School and University of Chicago - Booth School of Business

Abstract:

Loading...

D83, G32, L26

38.

Labor Income and Predictable Stock Returns

The Review of Financial Studies, Vol. 19, Issue 1, pp. 1-44, 2006
Posted: 29 Feb 2008
Tano Santos and Pietro Veronesi
Columbia University - Columbia Business School and University of Chicago - Booth School of Business

Abstract:

Loading...

fetus, heart rate, prenatal environment, prenatal drug exposure, cigarette smoking

39.

Understanding Predictability

Journal of Political Economy, Vol. 112, No. 1, Pt. 1, pp. 1-47, February 2004
Posted: 26 Jan 2004
Lior Menzly, Pietro Veronesi and Tano Santos
University of Chicago - Booth School of Business, University of Chicago - Booth School of Business and Columbia Business School

Abstract:

Loading...

40.

Stock Market Overreaction to Bad News in Good Times: A Rational Expectations Equilibrium Model

Review of Financial Studies, Vol. 12, Issue 5, Winter 2000
Posted: 28 Mar 2000
Pietro Veronesi
University of Chicago - Booth School of Business

Abstract:

Loading...