World's Best Scientists 2026 revealed!
Andrew W. Lo

Andrew W. Lo

Award Badge
Economics and Finance
USA
2026

D-Index & Metrics

Economics and Finance

D-Index
94
Citations
79030
World Ranking
136
National Ranking
102

Research.com Recognitions

  • 2026 - Research.com Economics and Finance in United States Leader Award
  • 2025 - Research.com Economics and Finance in United States Leader Award
  • 2024 - Research.com Economics and Finance in United States Leader Award

Overview

Andrew W. Lo is affiliated with MIT in the United States and has contributed extensively to the field of Economics, Econometrics, and Finance, with a total of 129 publications in this area. Their research spans several subfields, notably Economics and Econometrics, Finance, Accounting, Statistics and Probability, and Genetics.

Their work covers a variety of main topics, including:

  • Pharmaceutical Economics and Policy
  • Health Systems, Economic Evaluations, Quality of Life
  • Financial Markets and Investment Strategies
  • Private Equity and Venture Capital
  • Innovation Policy and R&D
  • Statistical Methods in Clinical Trials
  • Complex Systems and Time Series Analysis

Andrew W. Lo's recent notable publications include:

  • "A Brain Capital Grand Strategy: toward economic reimagination" (2020) published in Molecular Psychiatry
  • "Spectral factor models" (2021) published in Journal of Financial Economics
  • "The estimated annual financial impact of gene therapy in the United States" (2023) published in Gene Therapy
  • "The Financial System Red in Tooth and Claw: 75 Years of Co-Evolving Markets and Technology" (2021) published in Financial Analysts Journal
  • "Introduction to PNAS special issue on evolutionary models of financial markets" (2021) published in Proceedings of the National Academy of Sciences

The scientist frequently collaborates with other researchers, including:

  • Ruixun Zhang (19 co-authored papers)
  • Kien Wei Siah (19 co-authored papers)
  • Shomesh E. Chaudhuri (13 co-authored papers)
  • Chi Heem Wong (13 co-authored papers)
  • Qingyang Xu (12 co-authored papers)

Andrew W. Lo has published multiple works across a range of venues, with the most frequent publication outlets being:

  • SSRN Electronic Journal (33 publications)
  • PLoS ONE (6 publications)
  • Harvard Data Science Review (6 publications)
  • bioRxiv (Cold Spring Harbor Laboratory) (6 publications)
  • Annual Review of Financial Economics (5 publications)

In addition to articles, there are book publications under their name, notably with Princeton University Press, which include titles such as In Pursuit of the Perfect Portfolio published in 2021.

Best Publications

  • The econometrics of financial markets

    John Y. Campbell;Andrew W. Lo;A. Craig MacKinlay

  • Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test

    Andrew W. Lo;A. Craig MacKinlay

  • The Econometrics of Financial Markets

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  • Long-term memory in stock market prices

    Andrew W. Lo

  • Econometric measures of connectedness and systemic risk in the finance and insurance sectors

    Monica Billio;Mila Getmansky;Andrew W. Lo;Loriana Pelizzon

  • When Are Contrarian Profits Due to Stock Market Overreaction

    Andrew W. Lo;A. Craig MacKinlay

  • The Adaptive Markets Hypothesis

    Andrew W. Lo

  • A Nonparametric Approach to Pricing and Hedging Derivative Securities Via Learning Networks

    James M. Hutchinson;Andrew Lo;Tomaso Poggio

  • Trading Volume: Definitions, Data Analysis, and Implications of Portfolio Theory

    Andrew W Lo;Jiang W Wang

  • Foundations of Technical Analysis: Computational Algorithms, Statistical Inference, and Empirical Implementation

    Andrew W. Lo;Harry Mamaysky;Jiang Wang

  • Data-Snooping Biases in Tests of Financial Asset Pricing Models

    Andrew W Lo;A. Craig MacKinlay

  • Nonparametric Estimation of State‐Price Densities Implicit in Financial Asset Prices

    Yacine Aït-Sahalia;Andrew W. Lo

  • Estimation of clinical trial success rates and related parameters

    Chi Heem Wong;Kien Wei Siah;Andrew W Lo

  • A Non-Random Walk Down Wall Street

    Andrew W. Lo;A. Craig MacKinlay

  • Optimal control of execution costs

    Dimitris Bertsimas;Andrew W. Lo

  • An Econometric Model of Serial Correlation and Illiquidity In Hedge Fund Returns

    Mila Getmansky;Andrew W. Lo;Igor Makarov

  • A Survey of Systemic Risk Analytics

    Dimitrios Bisias;Mark Flood;Andrew W. Lo;Stavros Valavanis

  • Nonparametric Risk Management and Implied Risk Aversion

    Yacine Ait-Sahalia;Andrew Lo

  • The size and power of the variance ratio test in finite samples: A Monte Carlo investigation

    Andrew W Lo;A. Craig MacKinlay

  • An Econometric Analysis of Nonsynchronous Trading

    Andrew W. Lo;A. Craig MacKinlay

  • Econometric Measures of Connectedness and Systemic Risk in the Finance and Insurance Sectors

    Monica Billio;Andrew W. Lo;Andrew W. Lo;Mila Getmansky Sherman;Loriana Pelizzon;Loriana Pelizzon;Loriana Pelizzon

  • Data-snooping biases in tests of financial asset pricing models

    Andrew W. Lo;Archie Craig MacKinlay

  • When are contrarian profits due to stock market overreaction

    Andrew W. Lo;MacKinlay, Archie Craig, .

Frequent Co-Authors

Loriana Pelizzon
Loriana Pelizzon Ca Foscari University of Venice
Monica Billio
Monica Billio Ca Foscari University of Venice
Yacine Aït-Sahalia
Yacine Aït-Sahalia Princeton University
Bing Liang
Bing Liang University of Massachusetts Amherst
Charles Cao
Charles Cao Pennsylvania State University

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