Thursday, March 5, 2009
New Research Papers by Ľuboš Pástor
Possibly the most prominent Slovak economic scholar, Prof. Ľuboš Pástor from the University of Chicago, is currently working on two projects included in recent NBER working papers. One of them deals with the process of learning in financial markets, and will be soon reviewed for this blog by our colleague František Lipták. The other tries to answer the question of whether stock prices are really less volatile in the long run.