Leonid Kogan

Leonid Kogan is the Nippon Telegraph and Telephone Professor of Management and a Professor of Finance at the MIT Sloan School of Management. He is also the faculty leader for the MFin degree program. Prior to MIT Sloan, Kogan taught at the Wharton School of the University of Pennsylvania. During 2007–08, he was a senior researcher at Lehman Brothers. His research interests include asset pricing theory, macro-finance, empirical asset pricing, and financial engineering. Kogan’s recent research has focused on the links between economic activity of firms and their stock price behavior, the effects of investor heterogeneity on aggregate asset prices, and the computational aspects of option pricing and portfolio choice. Kogan has published extensively in leading academic journals, including The Journal of Finance, the Journal of Financial Economics, the Journal of Political Economy, and Operations Research. He is currently a Research Associate at the National Bureau of Economic Research.

Leonid Kogan is a Professor of Finance at the Sloan School of Management, MIT, specializing in Asset Pricing and Capital Markets. His research explores the dynamics of asset prices, risk, and market behavior, with a focus on equilibrium models, technological innovation, and investment strategies. Kogan's work examines how factors such as firm characteristics, investment shocks, and market frictions influence stock returns and capital allocation. His publications address topics like the cross-section of returns, pricing of derivatives, and the impact of irrational traders on market stability. His research also investigates the interplay between technological progress, labor displacement, and financial markets, offering insights into the broader implications of economic and financial phenomena.