Member of the NBS Bank Board

Ľuboš Pástor

Date of birth: 19 March 1974
Place of birth: Košice
Start of term of office: 16 March 2021
End of term of office: 16 March 2027


EducationProfessional careerPublicationsAdditional

Education

  Comenius University in Bratislava, Faculty of Management
Master’s degree (Mgr.)
  Wharton School, University of Pennsylvania
PhD in Finance

Professional career

Since 16 March 2021 Member of the Bank Board of Národná banka Slovenska (second term of office)
Since 1 January 2021 A director of the European Finance Association (EFA)
2016 – 2019 Member of the Board of Directors of the American Finance Association (AFA)
Since 1 July 2017 Member of the Board of Directors of the Center for Research in Security Prices (CRSP) at the University of Chicago
2016 – 2017 President of the Western Finance Association (WFA)
15 March 2015 – 15 March 2021

Member of the Bank Board of Národná banka Slovenska (first term of office)
2014 – 2020
Co-Director of the University’s Fama-Miller Center for Research in Finance
Since 1 July 1999 Teaching financial economics at the University of Chicago Booth School of Business; since 2009 as Charles P. McQuaid Professor of Finance

Publications

 

Ľuboš Pástor’s articles have appeared in leading academic journals,

List of publications

Additional information

Professor Pástor’s research activity has focused on various issues in the field of financial economics. His work covers topics such as the liquidity of financial markets, the effects of political uncertainty on financial markets, sustainable investment, stock price bubbles, technological revolutions, mutual fund performance, stock return predictability, long-horizon volatility, optimal portfolio choice, and quantitative easing. He has been published in top academic journals, including the American Economic Review, The Journal of Finance, the Journal of Financial Economics, the Journal of Monetary Economics, the Journal of Political Economy, and The Review of Financial Studies.

His research has earned several awards, including two Smith Breeden Prizes for the best paper of the year in The Journal of Finance, three Fama/DFA Prizes for the best paper of the year in the Journal of Financial Economics, the Barclays Global Investors Prize, the BlackRock Award, the Goldman Sachs Asset Management Award, and the NASDAQ Award. As at 1 January 2021 his work had more than 16,000 Google Scholar citations.

For his teaching, Professor Pástor has received the McKinsey Award for Excellence in Teaching (2011) and two Faculty Excellence Awards from the University of Chicago (2009, 2010).

Off-campus, Professor Pástor is involved with several non-profit academic organisations. Since 1 January 2021 he has been a director of the European Finance Association, and from 2016 to 2019 he was on the Board of Directors of the American Finance Association. He was on the Board of Directors of the Western Finance Association (WFA) from 2010 to 2017 and served as the WFA’s President from 2016 to 2017. He is a research associate with the National Bureau of Economic Research (NBER) and a research fellow with the Centre for Economic Policy Research (CEPR). From 2006 to 2017 he was a member of the Academic Advisory Board of the Gutmann Center at WU Vienna, and he has also served on the editorial boards of the Journal of Financial Economics (since 2006), The Journal of Finance (2006–2016), and The Review of Financial Studies (2006–2009).

Besides his academic activities, Professor Pástor has co-designed new stock market indexes – CRSP Indexes – which are today tracked by index funds that together have more than one trillion US dollars’ worth of assets under management (among them is the world’s largest mutual fund).

Professor Pástor has been a member of the NBS Bank Board since 15 March 2015.