Research in the News
Prof. Thomas Philippon's research on the financial services industry
— June 26, 2016
Excerpt from the Financial Times -- "There is no more devastating verdict on the performance of the finance industry than the one that emerges from research by Thomas Philippon, professor of finance at New York University. Using data going back to the late 19th century, he found that the US financial sector generated no increase in productivity at all over 130 years."