Paul Tetlock
- Alexandra Morgan Ciardi Professor of Finance and Economics
- Finance Division
- Senior Vice Dean for Curriculum and Programs
- Dean's Office
- Areas of Expertise
- Asset Management
- Contact
- Office: 1124 Kravis
- E-mail: pt2238@gsb.columbia.edu
Paul Tetlock is the Alexandra Morgan Ciardi Professor of Finance and Economics. He currently serves as the Senior Vice Dean for Curriculum and Programs, overseeing the MBA and Executive MBA programs.
His research on the media and stock prices has been widely recognized, receiving over 10,000 citations and winning the Smith-Breeden Prize and George Eccles Research Award. It also has been featured in popular press outlets, such as The Economist, New York Times, and Wall Street Journal. He has served for more than ten years as Associate Editor for top academic journals, including the Journal of Finance, Review of Financial Studies, and Management Science.
Professor Tetlock won the Dean’s Award for Teaching Excellence in 2021 for his teaching in Capital Markets & Investments.
Prior to joining Columbia in 2008, Professor Tetlock was a faculty member at Yale and UT Austin. He earned a BS in Mathematical Economics from Harvey Mudd College, ranking first in his class, and a PhD in Economics from Harvard University.
- Education
-
PhD, Harvard University, 2004
- Joined CBS
- 2008
Featured Research
The Implied Equity Premium
We propose and test a simple model of the equity premium implied by stock index options, assuming frictionless and complete markets for the index and index options. The model’s forecasts are more accurate than forecasting benchmarks, especially when arbitrage costs are low. They closely match real market behavior, with an average equity premium of 7.9% and an implied Sharpe ratio of 0.36.
All Activities
Professor Paul Tetlock Takes CBS's Curriculum into the Future
Welcome the New Faculty Members