GC.

Georgy Chabakauri

Associate Professor of Finance

Department of Finance, London School of Economics

Research Fellow, Centre for Economic Policy Research

My research focuses on asset pricing with frictions, macro-finance, asymmetric information, portfolio choice, and risk management.

SSRN author page
Georgy Chabakauri

Publications

  1. 2026

    Trading Ahead of Barbarians’ Arrival at the Gate: Insider Trading on Noninside Information

    G. Chabakauri, V. Fos, and W. Jiang

    Review of Finance · 30, 921–948

    Paper award

    • IQAM Runner-Up Best Paper Award for the best investment paper published in the Review of Finance.

    Coverage: Harvard Law School Forum on Corporate Governance

  2. 2023

    Idiosyncratic Volatility, Growth Options, and the Cross-Section of Returns

    A. Barinov and G. Chabakauri

    Review of Asset Pricing Studies · 13, 653–690

  3. 2022

    Multi-Asset Noisy Rational Expectations Equilibrium with Contingent Claims

    G. Chabakauri, K. Yuan, and K. Zachariadis

    Review of Economic Studies · 89, 2445–2490

  4. 2021

    Asset Pricing with Index Investing

    G. Chabakauri and O. Rytchkov

    Journal of Financial Economics · 141, 195–216

  5. 2020

    Collateral Constraints and Asset Prices

    G. Chabakauri and B. Y. Han

    Journal of Financial Economics · 138, 754–776

    Paper awards

    • 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
  6. 2019

    Investor Protection and Asset Prices

    S. Basak, G. Chabakauri, and M. D. Yavuz

    Review of Financial Studies · 32, 4905–4946

  7. 2015

    Asset Pricing with Heterogeneous Preferences, Beliefs, and Portfolio Constraints

    G. Chabakauri

    Journal of Monetary Economics · 75, 21–34

  8. 2013

    Dynamic Equilibrium with Two Stocks, Heterogeneous Investors, and Portfolio Constraints

    G. Chabakauri

    Review of Financial Studies · 26, 3104–3141

  9. 2012

    Dynamic Hedging in Incomplete Markets: A Simple Solution

    S. Basak and G. Chabakauri

    Review of Financial Studies · 25, 1845–1896

  10. 2010

    Dynamic Mean-Variance Asset Allocation

    S. Basak and G. Chabakauri

    Review of Financial Studies · 23, 2970–3016

Working
papers

  1. 2026

    Informational Efficiency and Asset Prices in Large Markets

    G. Chabakauri

  2. 2025

    Asset Prices, Wealth Inequality, and Taxation

    S. Basak and G. Chabakauri

  3. 2015

    Dynamic Equilibrium with Rare Events and Heterogeneous Epstein-Zin Investors

    G. Chabakauri

  4. 2011

    Securitized Lending, Asymmetric Information, and Financial Crisis: New Perspectives for Regulation

    S. Bhattacharya, G. Chabakauri, and K. Nyborg

    Available upon request

Contact

Postal address

London School of Economics
Department of Finance
Houghton Street
London WC2A 2AE, United Kingdom