Professor Lochstoer's main research interest is asset pricing, where he focuses on the relation between the real economy and financial markets, as well as the pricing of derivative instruments. His research has been presented at both academic and practitioner conferences and published in top academic finance journals, such as the Review of Financial Studies. He has a Masters in Business Economics from the Norwegian University of Science and Technology and earned his Ph.D. in Finance from the University of California at Berkeley. Lochstoer has taught MBA- and Ph.D.-level finance courses at Haas School of Business and London Business School, as well as at Columbia Graduate School of Business. Prior to his academic career, Lochstoer worked as a quantitative analyst at Carnegie Asset Management in Norway.
Teaching and research interest
Investor Inattention and the Market Impact of Summary Statistics In Management Science (2012)
Long-Run Risk through Consumption Smoothing In The Review of Finanical Studies (2010)
Estimation of a Stochastic-Volatility Jump-Diffusion Model In Revista de Analisis Economico (2000)
Learning about Consumption Dynamics Working paper (2011)
The Asset Pricing Implications of Priced Structural Parameter Uncertainty Working Paper (2011)
Limits to Arbitrage and Hedging: Evidence from Commodity Markets (2009)