Georgy Chabakauri Associate Professor of Finance London School of Economics and CEPR

Research Interests: asset pricing with frictions, macro-finance, asymmetric information, portfolio choice, risk management. Publications: 1. Barinov, A., and G. Chabakauri, 2023, “Idiosyncratic volatility, growth options, and cross-section of returns,” Review of Asset Pricing Studies 13, 653-690. 2. Chabakauri, G., Yuan, K., and K. Zachariadis, 2022, “Multi-Asset Noisy Rational Expectations Equilibrium with Contingent Claims,” Review of Economic Studies 89, 2445-2490. 3. Chabakauri, G., and O. Rytchkov, 2021, “Asset Pricing with Index Investors,” Journal of Financial Economics 141, 195-216. 4. Chabakauri, G., and B. Y. Han, 2020, “Collateral Constraints and Asset Prices,” Journal of Financial Economics 138, 754-776. European Finance Association Best Conference Paper Award, SFS Finance Cavalcade Best Paper Award in Asset Pricing, European Winter Finance Symposium Best Paper Prize in Memory of S. Bhattacharya. 5. Basak, S., G. Chabakauri, and M. D. Yavuz, 2019, “Investor Protection and Asset Prices,” Review of Financial Studies 32, 4905-4946. 6. Chabakauri, G., 2015, “Asset Pricing with Heterogeneous Preferences, Beliefs, and Portfolio Constraints,” Journal of Monetary Economics 75, 21-34. 7. Chabakauri, G., 2013, “Dynamic Equilibrium with Two Stocks, Heterogeneous Investors, and Portfolio Constraints,” Review of Financial Studies 26, 3104-3141. 8. Basak, S., and G. Chabakauri, 2012, “Dynamic Hedging in Incomplete Markets: A Simple Solution,” Review of Financial Studies 25, 1845-1896. 9. Basak, S., and G. Chabakauri, 2010, “Dynamic Mean-Variance Asset Allocation,” Review of Financial Studies 23, 2970-3016. Working Papers: Chabakauri, G., 2024, “Informational Efficiency and Asset Prices in Large Markets.” Basak, S., and G. Chabakauri, 2023, “Asset Prices, Wealth Inequality, and Taxation.” Chabakauri, G., V. Fos, and W. Jiang, 2022, “Trading ahead of barbarians’ arrival at the gate: insider trading on non-insider information.” Chabakauri, G., 2015, “Dynamic Equilibrium with Rare Events and Heterogeneous Epstein-Zin Investors.” Bhattacharya, S., G. Chabakauri, and K. Nyborg, 2011, “Securitized Lending, Asymmetric Information, and Financial Crisis: New Perspectives for Regulation” (available upon request).

Contact Information: Georgy Chabakauri Associate Professor London School of Economics, Department of Finance, Houghton Street, London WC2A 2AE, UK E-mail: G.Chabakauri[at]lse.ac.uk Author page on SSRN CV