"Operating Leverage and Hedging: A Tale of Two Production Costs for Asset Pricing."

Kogan, Leonid, Jun Li, Harold H. Zhang, and Yifan Zhu, MIT Sloan Working Paper 6829-20. Cambridge, MA: MIT Sloan School of Management, September 2020.

"Technological Innovation, Intangible Capital, and Asset Prices."

Kogan, Leonid, and Dimitris Papanikolaou. Annual Review of Financial Economics Vol. 11, (2019): 221-242.

"Compounding of Wealth in Proof-of-Stake Cryptocurrencies."

Fanti, Giulia, Leonid Kogan, Sewoong Oh, Kathleen Ruan, Pramod Viswanath, and Gerui Wang. In Financial Cryptography and Data Security. FC 2019. Lecture Notes in Computer Science, edited by Ian Goldberg and Tyler Moore. Cham, Switzerland: September 2019. arXiv Preprint.

"Equilibrium Analysis of Asset Prices: Lessons from CIR and APT."

Kogan, Leonid and Dimitris Papanikolaou. The Journal of Portfolio Management Vol. 44, No. 6 (2018): 59-69.

"Market Selection."

Kogan, Lenoid, Stephen Ross, Jiang Wang, and Mark Westerfield. Journal of Economic Theory Vol. 168, (2017): 209-236.

"Growth Opportunities, Technology Shocks, and Asset Prices."

​Kogan, Leonid and Dimitris Papanikolaou. Journal of Finance Vol. 69, No. 2 (2014): 675-718. Online Appendix.