Faculty News
Prof. Thomas Philippon's research on the finance industry is cited
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Excerpt from Financial Times -- "Thomas Philippon, professor of finance at New York University’s Stern school of business, has found little evidence of such a boost to productivity, at least for the finance industry as a whole. His research suggests the costs of finance to society remain fairly static, at about 1.5-2 per cent of the total amount being intermediated."
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Additional coverage appeared on Financial Times.
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Additional coverage appeared on Financial Times.