Péter Kondor

Professor of Finance
Department of Finance
London School of Economics and Political Science

phone: +4420 7107 5011
e-mail: p.kondor[at]lse.ac.uk
office: CON 2.13


Working Papers

Published and Accepted Papers

Heterogeneous Booms and Busts (with Maryam Farboodi)
conditionally accepted
at American Economic Review, May 2021

Clients' Connections: Measuring the Role of Private Information in Decentralised Markets (with Gábor Pintér)
at Journal of Finance, June 2021

Learning in Crowded Markets (with Adam Zawadowski)
Journal of Economic Theory, 184(November), 2019
Online Appendix

Liquidity Risk and the Dynamics of Arbitrage Capital (with Dimitri Vayanos)
Journal of Finance 74(3), 1139-1173, June 2019 , earlier version is NBER w19931

Trading and Information Diffusion in Over-the-Counter markets (with Ana Babus)
Econometrica Vol. 86. No. 5 (September, 2018), 1727-1769 MATLAB code,
Corrigendum (joint with Ana Babus and Yilin Wang), Vol. 88. No. 5, 2221-2228 MATLAB code

Inefficient Investment Waves (with Zhiguo He)
Econometrica Vol. 84, No. 2 (March, 2016), 735–780
Online Appendix, Additional Material
See also as the earler version NBER w18217

Do Hedge Funds Reduce Idiosyncratic Risk? (with Ronnie Sadka and Namho Kang)
Journal of Financial and Quantitative Analysis, 49(4), August 2014, 843-877
earlier version under a different title is CEPR DP 8307

The delegated Lucas tree (with Ron Kaniel)
Review of Financial Studies, 26 (4),April 2013, 929-984
(an earlier version is CEPR DP8578) Appendix D

Fund Managers, Career Concerns, and Asset Price Volatility (with Veronica Guerrieri)
American Economic Review, 102(5), August 2012, 1986-2017. Web Appendix
(see also an earlier version as NBER w14898)

The more we know about the fundamental, the less we agree on the price
Review of Economic Studies, 79(3), July 2012, 1175-1207 Web Appendix B, Web Appendix C
(an earlier version under stlightly different title is CEPR DP8455)

Risk in Dynamic Arbitrage: Price Effects of Convergence Trading
Journal of Finance, 64(2), April 2009, 638-658
Winner of the Smith BreedenFirst Prize for the Best Paper in asset pricing on the Journal of Finance in 2009.