The Price of Political Uncertainty: Theory and Evidence from the Option Market (with Bryan Kelly and Lubos Pastor), Revised July 2015.
The Journal of Finance (forthcoming).
Internet
Appendix to accompany the paper.
Investor's and Central Bank's Uncertainty Embedded in Index Options (with Alexander David),
The Review of Financial Studies, 2014, 27, (6): 1661-1716.
Political Uncertainty and Risk Premia (with Lubos Pastor) Journal of Financial Economics, December 2013, 110, 3, 520--545
Uncertainty about Government Policy and Stock Prices, (joint
with Lubos Pastor), Journal of Finance, August 2012, 64, 4, 1219-1264.
Technical
Appendix.
Winner of the 2012 Journal of Finance - Smith Breeden Distinguished Paper Prize (3rd place)
Paulson's Gift
(with Luigi Zingales),